Hi Sophie,
One more thing what you could check if the payments are being sent to bank via EDI, would the bank accept the payments with the value dates which are in the past. Most of the bank reject the bank and some banks automatically move the dates to next available business day.
You could also check for using OY05 where the factory calendar is maintained and by having a user exit logic built by referencing it to factory calendar.
Regards
________________________________
From: VidhyaDhar via sap-acct <sap-acct@Groups.ITtoolbox.com>
To: manju26383 email@removed
Sent: Thu, 10 June, 2010 8:58:25 AM
Subject: Re: [sap-acct] Automatic payment: OBBA Define Value date rules
Posted by VidhyaDhar (User-friendly SAP FI Consultant)
on Jun 9 at 11:24 PM Mark as helpful
Hi Sophie
Value date is a field which you would have seen in all payment related
transactions ( be it manual payments or automatic payments). Most Company
codes prefer to set the system date default in this field.
Do you agree with me if I say that checks collected by you from customers
directly requires to be remitted into your house bank so that they can be
utilized for subsequent payments? Since there would be a time lag between
the receipt of funds and subsequent remittance of the same into your house
bank, you use the value date as probable indicator of such time lag since
this helps in planning your bank funds and effective management of the same.
This is true with regard to monies paid to your vendors also. You plan in
advance your vendor's requirement and add a cushion of a day or two as value
date when you make payments.
The purpose of this field is to plan and track availability of funds . With
regard to vendors, you just make sure that you have sufficient funds in your
house bank by estimating the probable date by which your vendors might be
realizing the check paid to them. With regard to funds received from
customers also you use value date to synchronize your bank remittances so
that you can estimate the availability of funds in your house bank. These
activities help in planning the availability and disbursement of funds in
the nearest future.
While the value date is serving such a purpose, I do not see any reason why
value date has to be pre-dated, especially when you are paying your vendors.
That apart, did you check the number of grace days configured and value date
defined in your APP Program?
I must admit that I have not tried so far using a factory calendar and
therefore am not competent , as yet, to give you any opinion on this.
Regards
VidhyaDhar
On Wed, Jun 9, 2010 at 10:00 AM, Sophie via sap-acct <
sap-acct@groups.ittoolbox.com> wrote:
> Posted by Sophie(Senior Accountant)
> on Jun 9 at 12:49 AM hi experts,
>
> Have you ever tried OBBA to define Value date rules? I met a problem with
> it.
>
> In OBBA, my configuration is as follows:
>
> House banK Account ID Transaction R C1 S Dev C2 A
> CIT1 CNY 3 CN - 1 CN -
>
> CN is the Factory Calendar China.
>
> According to this configuration, I suppose the Value date will take Due
> date as reference date, minus one day, and if the Value date calculated is
> Weekend or Public holiday, it will use the last week day as the Value date.
>
> But I made two tests:
>
> In the first test, my OBBA configuration is exactly like above one I
> listed, in my payment proposal, the invoce Due date is 20-Jun, Value date is
> also 20-Jun, but I think according to the configuration, the Value date
> should be 20-Jun minus one day=19-Jun which is a weekend, so should be the
> last week day 18-Jun.
> My first test tell me the Deviation from reference date in days and the
> Calendar does not work.
>
> In my 2nd test, I changed the Reference date to 2 (Posting date), but in my
> payment run, the Posting date is 9-Jun, the invoice Due date is 20-Jun, the
> Value date is still 20-Jun.
> My 2nd test tell me the Reference date for determining the value date does
> not work.
>
> Have you met such problem, it seems the OBBA totally dose not work.
>
> many thanks!
> best regards
> Sophie
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