3679477 - Contract Type Validation for Bank Account Master Data - SAP S/4HANA Cloud Public Edition

• After activating the feature toggle for contract type validation in Manage Bank Accounts, users are unable to create bank accounts with contract types other than "Current."
• Errors occur if the contract type configuration is incomplete. 

SAP S/4HANA Cloud Public Edition

• With the CE2602 release, contract type validation for bank account master data has been enhanced with a customer-controlled feature toggle.
• The feature enforces stricter validation, allowing only the "Current" contract type if the contract type function is not enabled in configuration.
• Other contract types cannot be used unless additional configuration steps are completed. 

Purpose of the Feature Toggle

• The toggle ‘Manage Bank Accounts: Contract Type Validation (FTGL_BAM_BKACCT_CONTR_TYPE_VAL)’ ensures stricter assignment and use of contract types for bank account master data, optimizing account management and data consistency.

Required Configuration Steps After Activation

1. Enable Contract Type Function

   • Go to configuration activity: Define Basic Settings (SSCUI 101025).
   • Set the Enable Bank Account Contract Types flag.

2. Assign Field Status Groups to Contract Types

   • Go to Manage Field Status Groups (SSCUI 104059).
   • Assign field status groups to contract types under ‘Assign Field Status Grps to Bank Acct Master Data’ for relevant field checks.

3. Check Existing Bank Account Master Data

   • Use the app Schedule Jobs for Health Check - With Free Selections (F5285).
   • Create a job for ‘Bank Accounts’ in the Master Data group under the Checkpoints section, to identify any incorrect contract type assignments.

4. Reconcile Contract Types and Bank Categories

   • In Define Settings for Bank Account Master Data (SSCUI 102336), assign account types to contract types matching your bank categories.
   • Alternatively, in the Manage Bank Accounts (F1366A) app, change the account type for individual accounts as needed.

5. Configure Statuses for Closing Bank Accounts (if Required)

   • In Define Settings for Bank Account Contract Types (105304), configure statuses and control modes as desired.
   • Deselect statuses "Marked for Closing (09)" and "Closing Request Sent to Bank (10)" in the Enable Status column if you want to simplify closing processes.

Refer to: Enhancement for Bank Account Contract Type Validation | Help Portal

KBA , FIN-FSCM-CLM-2CL , Cash Management (Public Cloud) , Product Enhancement