Create Bank Groups for Categorizing Banks

This document explains how you create an ID for a group of banks. The ID enables you to categorize any banks the company deals with, directly or indirectly.

Bank groups are mainly used for cash flow management purposes. By grouping banks for which you have negotiated special terms regarding interest or fees, for example, you can more easily identify the banks that offer the best terms in specific situations.

Outcome

One or several IDs for a bank group are defined. They can be reviewed in 'Bank Group. Open' (CRS698).

The IDs are saved in the parameter file (CSYTAB [DSBGR]).

Connect an ID to each bank you wish to categorize in 'Bank. Open' (CRS690/F). The ID is then used as internal information when you review the bank.

Before You Start

There are no specific starting conditions for this activity.

Follow These Steps

  1. Start 'Bank Group. Open' (CRS698/B).

  2. Enter an ID for the new bank group. Click New.

  3. On the F panel, enter a description (required) and a name. Press Enter.

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