Posting Logic

 

You can generally post the individual flows via G/L accounts or on the debit side. For Money market, Foreign exchange and Derivatives, you can also use a further Payment program (Payment request). To do this, Payment requests are firstly generated from Treasury so that they can later be paid individually or collectively via the payment program. For individual payments, there are four combinations:

Number for posting logic

Payment activity

Payment request

1

No

No

2

No

Yes

3

Yes

No

4

Yes

Yes

 

  1. G/L accounts without payment request:
  2. Posting of the flow from a G/L acccount to a Bank clearing account and clearing via manual or automatic account statement. This procedure is often used for incoming flows where payments are automatically initiated by the bank i.e active initiation of payment is not required.

    Procedure: - G/L account to Bank clearing account

    Bank clearing account to bank account

    Incoming interest from money market transactions with your house bank.

  3. G/L accounts with payment request:
  4. If the transaction is not carried out with a House bank or there is no Account debit agreement or if transactions are to be netted, the payment must be actively initiated. Firstly, a payment request is generated and the funds are posted from the G/L account to a Payment clearing account. If the payment program is then called up, it generates the corresponding forms (e.g Transfers) according to the Payment method and posts to the Bank clearing account. After receipt of the bank statement, the Bank account is reconciled with the Bank clearing account again.

    Procedure: - G/L account to Payment clearing account

    Payment clearing account to Bank clearing account

    Bank clearing account to bank account

    Transactions not conducted with your house bank.

  5. Customers without payment request:

Instead of posting via G/L accounts, you can post via Customer accounts with further processing via the Customer payment program and, therefore, active initiation of the payment taking place. Open items are generated in the customer account and are paid via the payment program.

Procedure: - G/L account to Customer account

Customer payment

 

  1. Customers with payment request:

Postings take place as in 3., with the difference that the Payment program is used for payment requests. You also have the opportunity here to pay collectively or to use multi-level payment methods. Netting is not possible here.

Customer payment (with additional advantages of the payment program).