Electronic Bank Statement 

You can use the electronic bank statement to transfer bank statement data to Cash Management electronically . You do this using Bank Communication Software (BCS), which dials into your credit institutions and transfers the data.

To carry out this data transfer, you need a transfer program (standardized format), such as MultiCash, that understands the BCS. MultiCash reads the required data from the banks (such as the bank statement) to an interim store in the system.

See Electronic Bank Statement Formats for an overview of the international formats supported for the electronic bank statement.

• For information on further processing in the electronic bank statement, see Importing the Electronic Bank Statement and Postings.
• You can display the bank statements in the bank data memory at any time. For further information, refer to Displaying Bank Statements.
• The topic Conversion Programs explains the programs you can use to convert bank statements into MultiCash format.
• If you chose immediate posting, you must postprocess using the transaction provided for that purpose. For more information, see Postprocessing Bank Statements.