House Bank

SAP FICO MODULE WHAT IS HOUSE BANK
House Bank Tcode FI12 Bank Directory
Question
1--What is House bank......?
Answers
House bank we call all accounts that belong to company. A house bank refers to the bank a company uses for receivables and/or payments. It is any bank with which your company code does business. Each house bank contains a company’s bank accounts. It also contains a bank key that defines address and control data for the bank. The house bank establishes a link between the various G/L cash accounts and the actual bank accounts.

2---What is bank directory.....?
Automatically, if master data exists for the Bank Directory on tape or disk. ). Data can also be manually entered when creating a customer or vendor master record, a one-time account, or by directly creating an account.
a---Bank Directory contain
a---Bank Directory contains complete details about each house bank.

3--where are bank master records created in SAP...?

Unlike customer, and vendor master records, the bank master records may be maintained on the configuration side in SAP. They are also created on the application side in the Banking and Treasury sections.

Bank configuration steps screen shot