Manage In-House Bank Accounts
Application component: In-House Bank
App type: Transactional
Line of business: Finance
Leading industry: Cross Industry
Solution capability: Payments and Bank Communications (S/4, Multi-Bank Connect)
Description:  With this app, you can create new in-house bank accounts or edit, deactivate, close existing in-house bank accounts. 
This app manage internal in-house bank accounts.
Key features:    Create in-house bank accounts To create an in-house bank account, click Create and the Create Account popup appears. Fill the mandatory fields (In-House Bank Area, Account Holder, Account Currency and Opening Date) and click Continue. In addition, you can also specify an existing user-defined account template if you want to reuse the prefilled entries in order to save the data entry effort. When saving the account field, an IBAN will be generated based on the account number, following the regulations specific to the local bank area. The Details page consists of the General Information, Account Balancing, Balance Notification, Interest Scale Notification, Bank Statements, Administration and Change History sections. Maintain the following sections with details according to your business need:   Account Balancing This section describes whether the account balance is needed (checkbox is selected) and, if needed, its frequency, account balancing key date, next account balancing date, and relevancy for withholding tax.   Balance Notification This section describes whether the balance notification is needed (checkbox is selected) and, if needed, its recipients. The recipient's information about business partner, format, distribution method and email address can be entered.   Interest Scale Notification This section describes whether the interest scale notification is needed (checkbox is selected) and, if needed, its recipients. The recipient's information about business partner, format, distribution method and email address can be entered.   Bank Statements This section describes whether the bank statement is needed (checkbox is selected) and, if needed, its frequency (daily, weekly, monthly or yearly) and timing (time of the day, day of the week, date of the month or month of the year) of providing bank statement, as well as relevancy for "suppress without postings" (See Bank Statements). In addition, the recipient's information about business partner, format, distribution method (via email or through Multi-Bank Connectivity interface), email address and indicator for original recipient can be entered.   Click Save to save your changes. You can also save the bank account entry as template to save the efforts to create additional bank accounts. Click Save As Template. To activate your bank account entry, click Activate. The account status will change from In review to Active.   Edit details of in-house bank accounts Accounts in either Active, In review or Closure released status are editable. Click Edit to update the bank account information.  Manage statuses of in-house bank accountsThe following account statuses are available:  In review (00)   In release (01)   Active (02)   Prepare for closure (03)   Closure released (04)   Closed (05)   Inactive (06)  From the current account status, the following operations are possible in the Details page:  With an account in In review status, you can Edit, Delete, Activate and Save As Template.   With an account in Active status, you can Edit, Save As Template, Set Inactive, Close and Delete.  To close an account, you need to specify Requested Closing Date, Reference Bank Area and Reference Account Number. The account status will change to Closure released.    Download in-house bank accounts for uploading to BAM To enable the in-house bank accounts to leverage the Bank Account Management (BAM) functionality, you can download the account data into an XML-based file that can be uploaded to BAM. Click Download Accounts on the Overview (list) page.   In addition, the app supports the following technical features and options:   Mass creation of in-house bank accounts by uploading file On the list page of this app, click Upload Account. You will navigate to the Upload In-House Bank Accounts app.   Manage user-defined in-house bank account templates On the list page of this app, click Manage Template. You will navigate to the Manage In-House Bank Account Templates app.   Two data version statuses (Active version and In Review version) are supported for each in-house bank account (as data entry). Only the account in Active version is considered by the system, while the In Review version is considered as "intermediary" (draft) status and does not influence the account creation process. You can delete the In Review version by clicking Discard Draft.   Creation of in-house bank accounts is supported by the workflow. For more information, see Manage In-House Bank Account Workflows. In addition to the data version statuses mentioned above, when the approval process workflow is defined, in-house bank accounts are controlled with approval statuses described in the section above. For more information, see Status.   
Business roles: Payment Specialist
Payment Specialist - In-House Banking : 
Carries out daily activities for the in-house banking accounts. Provides details about account lifecycle, balances, payments and statements. Allows to maintain, add and delete in-house bank accounts.