I was trying to learn & experiment with using the lock box. However, I
don't have any sample files that I can upload and see if it works. Does anyone
have any sample bank files and any material that I can use. It would really help
me undestand the procedure.
Lockbox is a process provided by a bank where the customer remits his payment
to a PO Box at your bank, the bank deposits the check in your account and enters
the remittance data from the customer. Then the bank sends the data to you
electronically for you to import and apply in SAP-AR.
The structure that the bank uses is usually one of two formats. BAI will
provide you the customer information and the check amount but no invoice
remittance data. Usually cheaper and works well for a business where customers
are paying only one invoice at a time.
BAI-2 offers remittance data but the bank charges more for the service
because they have to enter more info.
Look at structures FLB** to see the transfer data.
When the bank sends the customer payment data you use Treasury function FLB2
to import and then process the payments. This process attempts to determine
where to apply the payment and will post directly against an invoice, an account
to a customer or if it can't even determine the customer it posts into a
clearing account (configured) to be resolved.