Hi
We have received a MT940 file with the value date and document date in different years.
e.g. :61: 1203013012....
Here 12 means 2012, 0301 means value date = 03 January 2012, 3012 means document date = 30th December 2011
However the posting is made in 2012 only for both value date and document date which is incorrect
Value date = 03 Jan 2012
Document date = 30 Dec 2011
This is a compliance / SOX issue as the document date year posted is incorrect.
There are only 2 characters used to specify the year in this case which is 2012 - there should be a facility to specify 2011 also
I assume this scenario is quite common and must have occurred for other users also
I would appreciate any feedback on this item
Thanks in advance
Rahul Kochhar