Can the same House Bank ID be used for two different company codes under one controlling area?

In SAP, a House Bank represents a financial institution through which a company conducts its payment transactions. Each House Bank is uniquely identified within a company code by a 5-character alphanumeric code. Within a House Bank, multiple bank accounts can be maintained, each distinguished by an Account ID. These configurations are essential for managing payment programs, check deposits, automatic payment processes, and bank reconciliations.

House Banks Are Created at the Company Code Level

• Since House Banks are tied to a specific company code, you can have the same House Bank ID for multiple company codes (e.g., Company Code 0100 and Company Code 0200 can both have HDFC House Bank with Bank ID "CC").
• Each company code can define different currencies and sub-account structures for the same House Bank ID.

• If the company codes belong to different countries, currency management can become an issue.
• Automatic Payment Program (F110) primarily settles payments in the company code's currency.
• Domestic and foreign House Banks are treated differently in SAP, and foreign House Banks require a SWIFT code.

• Each House Bank is linked to G/L accounts for payment transactions.
• If two different company codes have different bank accounts, it might be cleaner to have separate House Banks to avoid confusion in bank reconciliation.

If both company codes are in the same country -> Using the same House Bank ID is possible and should not cause major issues.

If the company codes are in different countries -> It’s recommended to have separate House Banks to avoid currency mismatches and DME (Data Medium Exchange) file issues.

Activities

Define House Banks in the Manage Banks App

To define a house bank by using the Manage Banks app, proceed as follows:

Open the Manage Banks app.

You can create a house bank when creating a new bank, or when editing an existing bank.

Open a bank master record, and then go to the House Bank section.

Choose the  (Add) icon to add a new house bank to the bank.

Specify the company code, house bank ID, and other necessary details.

Save the house bank.

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Define House Banks in SAP GUI Transaction

To define your house banks, proceed as follows:

Enter transaction code FI12_HBANK or, in the SAP Menu, go to Accounting - Financial Accounting - Banks - Master Data - House Banks -  Create / Change.

In the Determine Work Area: Entry dialog, do the following:

Enter a company code.

Optional: You can specify additional selection criteria by choosing New Selection or Append or select further selection conditions.

Choose Continue (Enter).

On the Change View "House Banks": Overview screen, choose New Entries.

On the New Entries: Details of Added Entries screen, enter the required data.

You can also display and update house banks by using this transaction.

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