FI01 Bank Master Record

 

Functionality

Bank Master Records are stored in the bank directory. Their details are stored also in Customer / Vendor Master Data and are used by payment program to prepare payment documents. You can create new Bank Master Record using transaction FI01 or you during maintaining Cust. / Vendor Master Data.

Scenario

You want to store in the system the details of a new bank.

Requirements

No.

Menu Path	Accounting ® Financial Accounting ® Banks ® Master Data ® Bank Master Record ® FI01 - Create
Transaction Code	FI01

1.       Double click on FI01 – Create.

Create bank: Initial screen

2.       Update the following fields:

Field Name	Field Description	Values
Bank country	Enter country code here	Example:  UUS
Bank key	Bank key is the bank code. This field is country specific. Usually the bank key consists of first 8 digits of your full bank account number and is followed by “hyphen” -	Enter value in Bank key. Example:  083000108

3.       Click Enter Button .  The system will ask you to enter bank details:

Create bank: Detail screen

4.       Update the following fields:

Field Name	Field Description	Values
Bank name	Name of the bank	Example:  First Union Bank & Trust
Region	Country specific field. Enter a state code here	Example:  IL
Street	Street name	Example:  500 Main Street
City	City in which the bank is located	Example:  Chicago
Branch	Name identifying the branch of the bank, if the bank is part of a multibranch system	Example:  Main Office

5.       Click Enter Button .

6.       Your entry is ready. Click Save Button  to store bank details in the database.