Payment type code

[George533768]

Hi,

Our payment type code is IBCP and can we actually amend it to CBCP without informing the bank provider? Does it affect the bank flowing the transaction feed?

The reason for this change is because we are moving one of our Division to SAP and the only way for the ICS to recognise the clearing account code is by switching it to CBCP.

Thanks

[rohanpatil]

Hi @George533768 

I am not aware of this ICS limitation as our technical teams were able to manage the rules needed for IBCP in the BADI.

However, you can amend the payment code without informing the bank. Just setup the payment code, update the same in the import feed (Concur needs to do this) and update the master data of the cards. As I understand, you have to update the card master record since this does not get updated automatically. In addition to update to the payment type, you need to setup clearing account in ERP and maintain same in the payment type. Also you need to establish process in ERP to pay the monthly invoice and also reconcile expense reports/ transactions against payments on the clearing account.

Best regards,
Rohan