Posting Areas in Banks Statement upload

[sridhar_madiraju]

Dear Gurus,

Could you please let me know

1. What is the purpose of posting Areas in Bank statement uploading?

2. What is the difference between posting Area1 and Posting Area 2 ?

3. Is it possible to create a new posting Area (Read in some other forums)

Sorry to post " what is"  type of question. I searched in sap.wiki and in Google but didn't get any satisfactory answer for to understand.

Regards,

Sridhar.

[dominic_holdstock]

Hi,

     The reason for 2 areas is that not all postings can be fully automated.

The postings for Area 1  Bank to Bank Sub-account will always work, and therefore your Bank Balances will be correct.This is important for eg treasury departments.

Posting area 2 is for Bank Sub-account to Final Account. Here manual adjustments will be needed to get the correct postings

Kind regards