on 06-04-2009 6:56 AM
Hi All,
Can anyone tell me, about MT940 from begining as i am not aware of that. how it works
top to bottom please briefly explain about that
it would be great.
thanks
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Hi,
MT940 is one particular format which will be provided by bank for the bank statements. SAP understands two formats one is Multi Cash and the other is MT940.
If banks provides statements, in either of these formats, then you can directly import the file in to SAP using Transaction FF_5.
Before importing, you need to configure the required settings for electronic bank statement.
MT940 format will be having account number, sequencial number and the transaction lines maintained in field 86 where the details of the transactions happened in your account are provided with the invoice reference provided by you to the banks. Based on this reference number the invoice are identified in SAP and the line items gets cleared.
Hope u got some idea.
Regards
Srikanth
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Hi
There is no difference in file structure for in MT940 for incoming payments or out going payments.
Only thing is you need to configure the posting rules depending upon your External Transaction Code.
And some times you need to use user exists to understand or differentiate Transactions based on Note to payee or 86 string.
Regards
Venkat
Hi Venkat,
Can you let me know, how can we define
Define Search String for Electronic Bank Statement
:61:0906090609DR30556,00NCHKXXXX
:86:-CHQ423725 TX SPIDER FACILITIES PVT LTD
Here cheque number is available in 86 line. How can we define search string for that for the respect NCHK transaction type.
Thank you
Regards
partha
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