You can also post the bill of exchange payment manually. The system shows the screen for entering header data and for selecting a clearing procedure. Enter the header data and select the clearing procedure Outgoing payment. This accesses the screen for entering data on the bill of exchange. The address data of the company code is suggested.
Due date Enter the due date of the bill of exchange.
Your bank pays the bill of exchange on this date. If you want to post the bill liability to the bank sub-account and the corresponding clearing account, you enter these two line items first. You can then change to the screen for processing open items to clear the bill payable. You reach the selection screen for open items. The system suggests the required data, such as the vendor account number, the account type, and the company code.