Example: Posting a Customer Check in SAP FICO

A customer sends a check payment for 5,000 USD. You post this payment to the Incoming Checks subaccount and to the customer’s account (see step 1 in the illustration below), while at the same time clearing the receivables in the customer’s account (see step 2 below).

Once your bank credits the check amount to your account, you post the check to the G/L bank account and select it from the Incoming Checks account (see step 3 in the illustration above). The system credits the Incoming Checks account and clears the posting items from this sub-account (see step 4 above). The check is then marked as cashed. The bank account set up in the general ledger reflects only the amounts that your bank actually debits or credits.