Mark Bank for Deletion

Mark Bank for Deletion - FI06

When To Do This

Perform this procedure when a bank is no longer being used. Once a bank is marked for deletion the bank record will be deleted the next time the third party bank data is loaded.

Business Process Overview
If a bank no longer exists or is no longer needed for any activity processed by the company, it should be marked for deletion in the system. This avoids confusion over which information is current if a bank is reloaded with a new name and/or information and keeps the system data clean.

Input - Required Fields	Field Value/Comments
Bank Country	The country in which the bank is domiciled.
Bank Key	The Bank Key assigned to the bank in SAP. For US banks, the bank key will be the ABA routing number. For non-US banks, the Bank Key will be the SWIFT ID

Output - Results	Next Steps
The bank is marked for deletion.	No additional user action is required.

Key Notes

· Transaction data associated with the bank marked for deletion is archived.

· If a user displays a bank marked for deletion using transaction code FI03, the system displays the message: "Bank XXXXXXXX marked for deletion in country XX".

· If the bank's complete information has changed as a result of a merger or acquisition transaction, the next third party information load should contain and load the bank's new information.

· A bank cannot be marked for deletion if it is still associated with a bank master record. Attempting to do so leads to an error message.

Procedure

1. Start the transaction using the menu path or transaction code.

Set Bank Deletion Flag : Initial Screen