Standard and negotiated bank charges - setup

CMG Parameters (tfcmg0100s000)

Under Deducted Bank Charges, enter the following fields:

• Deducted Bank Charge Account
• Interim Deducted Bank Charge Account
• Interim Deducted Bank Charge Tax Account

Note: The ledger account for VAT is determined by the tax code that is specified in the Bank Charges (tfcmg0120m000) session. The ledger account for Purchase is used for the amount deducted from the payment to the supplier.

Bank Branches (tfcmg0511m000)

1. For the bank branches that are used in the Bank Relations (tfcmg0510m000) and Bank Account by Pay-to Business Partner (tccom4125s000) sessions, enter the Domestic Bank ID field.

   The bank identifier required for Japan consists of seven characters:

   • The first four characters are the bank code.
   • The last three characters are the branch code.
2. Select the bank branch through which you transfer the payments and on the appropriate menu, click Bank Charges. The Bank Charges (tfcmg0120m000) session starts.

Bank Charges (tfcmg0120m000)

Define the (negotiated) bank charges for the transfer methods and transferred amounts as applicable.

Pay-to Business Partner (tccom4124s000)

For the business partner in Japan, on the Paying tab, ensure that Bank Charge Borne by Supplier is selected.

Bank Account by Pay-to Business Partner (tccom4125s000)

For the same business partner, set Bank Costs to Costs Paid by Receiver or Negotiated Costs Paid by Receiver.

(This value will be used as default in the Payment Advice (tfcmg1609m000) session.)