Use

The bank statements require a standardized format so that they can be transferred to the Cash and Liquidity Management system .

Structure

The graphic shows a summary of the international formats SAP supports for the electronic bank statement:

You can easily integrate new formats.

Definition

MultiCash Format

Bank Communication Software (BCS) is used to generate this format from the bank statement data fetched from the bank (usually SWIFT MT940).

The format is, therefore, the same for all credit institutions and is easy to check using a table costing program or text processing program. In each case, it consists of two files in the format AUSZUG.TXT and UMSATZ.TXT. AUSZUG.TXT contains the bank statement header information and UMSATZ.TXT contains line information. You can use this format to import several bank statements at once, even if they originate from different institutions.

Swift MT940

Many credit institutions supply bank statements in the SWIFT MT940 format. SAP offers a certification program, in which banks and BCS software suppliers are certified as being able to supply files in MT940 format which is compatible with SAP's SWIFT MT940 format recommendation.

You should only use SWIFT MT940 in cases where it is not possible to use the MultiCash format.