SAP FI - Check Management System (House Bank and Check Lot)
What is House bank?
House banks are the banks through which the company deals all the payments transactions.
The house banks of your company are the banks that your company has an account with. You can use them to process payment transactions.
What is Check Management?
Check management is used in cases where, when issuing your checks, you do not want to use the payment document number as the check number, but a different numbering method instead.
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