3.1.4.1 Create External Account Mapping

This topic describes the systematic instruction to create external account mapping. That is mapping of a customer external account to a specific product, event and so on.

  1. On Home screen, click Receivables and Payables. Under Receivables and Payables, click Maintenance.
  2. Under Maintenance, click Accounting. Under Accounting, click External Account Mapping.
  3. Under External Account Mapping, click Create External Account Mapping.
    The Create External Account Mapping screen displays.

    Figure 3-8 Create External Account Mapping


    Description of Figure 3-8 follows
    Description of "Figure 3-8 Create External Account Mapping"

  4. Specify the fields on Create External Account Mapping screen.

    Note:

    The fields marked as Required are mandatory.

    For more information on fields, refer to the field description table.

    Table 3-4 Create External Account Mapping - Field Description

    Field Description
    Branch Select the branch to be mapped to customer’s external account.
    Product Select the product to be mapped with the account.

    The user can select ALL if the account is to be used for all the products.

    Event Select the account event from the list.
    Currency Select the currency of the external account.
    Party Id Click on the Search icon to select the party for whom account mapping needs to be done.
    Filter Criteria Select the appropriate filter criteria for specific application of accounting entries.
    Payment Mode Select the payment mode for appropriate mapping to the account. The available options are:
    • CBT - Cross Border Transfer
    • EFT
    Default Account

    Use this toggle button to specify if this account should be considered as the default one.

    This toggle is displayed only if the Payment Mode is selected as EFT.

    Account Number

    Specify the account number.

    This field is displayed only if the Payment Mode is selected as EFT.

    Bank Code

    Specify the Bank code of the branch of the entered account number.

    This field is displayed only if the Payment Mode is selected as EFT.

    Bank Name

    Specify the name of the bank.

    This field is displayed only if the Payment Mode is selected as EFT.

    Branch Name

    Specify the name of the bank’s branch associated with the entered IFSC code.

    This field is displayed only if the Payment Mode is selected as EFT.

    Ultimate Beneficiary Specify the below details for the ultimate beneficiary.
    • Name on Account
    • Business Identifier Code
    • Bank Name
    • Account Number

    This field is displayed only if the Payment Mode is selected as CBT - Cross Border Transfer.

    Default Account

    Select the toggle switch to enable, if it is a default account.

    This toggle is displayed only if the Payment Mode is selected as CBT - Cross Border Transfer.

    Note: When multiple default accounts are mapped , the currency of the transaction and default account will be matched and this will take precedence.

    Unstructured Address(Ultimate Beneficiary) Specify the below details for the unstructured address.
    • Address Line 1
    • Address Line 1
    • Address Line 1
    • Address Line 1
    • Country
    • Contact Details
    • Email

    This field is displayed only if the Payment Mode is selected as CBT - Cross Border Transfer.

    Structured Address(Ultimate Beneficiary) Specify the below details for the structured address.
    • Department
    • Sub Department
    • Street Name
    • Building Number
    • Building Name
    • Floor
    • Post Box
    • Room
    • Post Code
    • Town Name
    • Town Location Name
    • District Name
    • Country Sub Division
    • Country
    • Address Line 1
    • Address Line 2

    This field is displayed only if the Payment Mode is selected as CBT - Cross Border Transfer.

    Intermediary Bank Specify the below details for intermediary bank.
    • Business Identifier Code
    • Bank Name

    This field is displayed only if the Payment Mode is selected as CBT - Cross Border Transfer.

    Unstructured Address(Intermediary Bank) Specify the below details for unstructured address.
    • Address Line 1
    • Address Line 2
    • Address Line 3
    • Address Line 4

    This field is displayed only if the Payment Mode is selected as CBT - Cross Border Transfer.

    Structured Address(Intermediary Bank) Specify the below details for structured address.
    • Department
    • Sub Department
    • Street Name
    • Building Number
    • Building Name
    • Floor
    • Post Box
    • Room
    • Post Code
    • Town Name
    • Town Location Name
    • District Name
    • Country Sub Division
    • Country
    • Address Line 1
    • Address Line 2

    This field is displayed only if the Payment Mode is selected as CBT - Cross Border Transfer.

    Table 3-5 Structured Address - Field Characters

    Field Data Type Maximum Size Mandatory/Optional
    Department Text, Alpha Numeric, With ISO Character 70 Optional
    Sub Department Text, Alpha Numeric, With ISO Character 70 Optional
    Street Name Text, Alpha Numeric, With ISO Character 70 Optional
    Building Number Text, Alpha Numeric, With ISO Character 16 Optional
    Building Name Text, Alpha Numeric, With ISO Character 35 Optional
    Floor Text, Alpha Numeric, With ISO Character 70 Optional
    Post Box Text, Alpha Numeric, With ISO Character 16 Optional
    Room Text, Alpha Numeric, With ISO Character 70 Optional
    Post Code Text, Alpha Numeric, With ISO Character 16 Optional
    Town Name Text, Alpha Numeric, With ISO Character 35 Mandatory
    Town Location Name Text, Alpha Numeric, With ISO Character 35 Optional
    District Name Text, Alpha Numeric, With ISO Character 35 Optional
    Country Sub Division Text, Alpha Numeric, With ISO Character 35 Optional
    Country LOV, Alpha Numeric, With ISO Character 3 Mandatory

    Table 3-6 Hybrid Address - Fields Characters

    Field Data Type Maximum Size Mandatory/Optional
    Address Line 1 Text, Alpha Numeric, With ISO Character 70 Optional
    Address Line 2 Text, Alpha Numeric, With ISO Character 70 Optional
  5. Click Save to save the data and send it for authorization.

Parent topic: External Account Mapping