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SAP glossary

Finance & Controlling

What is House Bank?

A bank where a company code holds accounts, configured with bank accounts that the payment program and bank statements use.

In S/4HANA, house bank accounts are managed with Bank Account Management through Fiori apps. Each house bank account links to a GL account. Incorrect bank master data is a high-impact cutover risk.

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Planning an S/4HANA move?

Read the field guides on testing an ECC to S/4HANA migration and grab the free template library.