"Upload Lockbox Files" Apps in SAP Best practice - Lockbox (1JT_US)

[Former Member]

Hi 

I just would like to clarify if "Upload Lockbox Files" Apps can post journal entries by looking for open account receivable item using referring Invoice number,

then if matched, it post journal entry such as :

(Dr) Bank(Cash)

(Cr) AR(Customer Account) 

SAP Best practice - Lockbox (1JT_US) also mentioned, Scheduling Accounts Receivable Jobs - Automatic Lockbox Processing (Optional) in order for clear open Account receivable items but this option is available with SAP Cash Applications, which requires a separate, additional license.

We just need traditional posting function using invoice lookup  (not necessary matching function using sophisticated machine learning method).

Can any one clarify me if above "Upload Lockbox Files" Apps can handle my requirement?

Thank you   

Shigeru

[former_member655983 · Accepted solution]

Hi

I figured out by myself that this App posts followings.

Step-1 @ Lockbox file upload

(Dr) Cash

(Cr) AR-Unapplied Checks

Step-2 @ If Conditions (Invoice number, Amount etc..) matched

(Dr) AR-Unapplied Checks

(Cr) Customer(AR) *

* Original Open Customer item(AR) will be cleared same time.

Thanks all.

Shigeru