Use

This function enables you to specify when, to whom, how often, and the manner in which bank statements are to be dispatched. You can also specify the frequency of balance notifications. The system uses these details as control parameters for the generation of the bank statements and balance notifications.

Prerequisites

You have activated the Bank Statement and Balance Notification features for the product on which the account is based.

Features

Bank Statement Recipients

You can specify the bank statement recipient details, dispatch method and the document type (original or copy). You also define the time periods for bank statements.

If you activate both methods of recipient determination (bank statement and correspondence receiver administration) in the product, you cannot edit business partner and other correspondence related information on the Account Statements tab page.

Balance Notification

You can specify the time periods for balance notifications.You can also specify whether interest information is to be included in the balance notification. The balance notification data is transferred by Business Transaction Event (BTE) 00012900 ( Balance Notification: Transfer Data ).

For performance reasons, we recommend that you only include interest information if it isabsolutely necessary

Display of Historical Data

You can view details of the bank statements and balance notifications that were created to date.

Number of Bank Statements

You can create up to 999999 bank statements for the account in a year.

Activities

Enter the time periods and the next date when the bank statement and balance notification must be generated.

Enter details of the bank statement recipient.

If you have activated the Correspondence Receiver Administration feature for the product, you must specify the bank statement details on the Correspondence Recipients tab page . However, bank statements do not use the correspondence tool.

To obtain paper bank statements, choose IHCPAP as the bank statement format, and the dispatch type 01 (applies to SAP In-House Cash only).