Clarifying Issues Pertaining to SAP Bank Communication Management

  • by Eleazar Ortega Van Steenberghe, SAP Manager, Southern Wine & Spirits
  • April 28, 2015
Get answers to some questions about SAP Bank Communication Management that aren’t available in standard SAP documentation.
Learning Objectives
By reading this article, you will:
  • Overcome common, but not documented issues
  • Increase your understanding of the multiple pieces that compose the Bank Communication Management process and the options for its design
Key Concept

SAP Bank Communication Management is an SAP functionality used to process payments and bank statements.

SAP Bank Communication Management is a functionality added to assist accounting, treasury, and accounts payable departments with better processing of incoming and outgoing transactions with banks.

SAP Bank Communication Management improves processing of bank statements by providing users with a new screen in which to monitor and control all phases of this process. SAP Bank Communication Management also gives users a new way to structure payment batches and monitor payments.

Encryption

Most banks provide an electronic bank statement in an encrypted file. How does SAP Bank Communication Management handle encryption and encryption keys?

SAP ERP Central Component (ECC) does not handle encryption and you certainly cannot use transaction code FF.5 to handle encrypted bank statements because this transaction is designed to match information in the file with the one in the ECC database, and obviously, if the one in the file was encrypted, it wouldn’t match the one in ECC. However, in SAP Process Integration 7.11 Support Package 08 or higher, SAP provides PGPEncryption and PGPDecryption modules. With this functionality, you can obtain your encryption keys from the bank, have your own internal key, and retrieve, decrypt, and write the decrypted file.

Figure 1 is a diagram of this process.


Figure 1
The process to receive and decrypt files from a bank

Eleazar Ortega Van Steenberghe

Eleazar Ortega Van Steenberghe is the SAP manager at Southern Wine & Spirits. He has worked for more than 20 years in IT implementing SAP solutions at Fortune 500 companies such as Nike, Aflac, Target, and Allegeny Energy. He was the SAP Treasury and FSCM practice lead at Capgemini and Deloitte, and he has published a book with SAP Press (Maximizing Cash Management with SAP ERP, SAP Press July 2010) and an article for SAP Info magazine. He also has presented at SAP Financials conferences in the US and Europe for more than six years. He holds a master’s in business administration from University of Miami. He has created multiple groups in LinkedIn, including one specific to SAP Bank Communication Management.

See more by this author


Comments

No comments have been submitted on this article. 


Please log in to post a comment.

To learn more about subscription access to premium content, click here.