Electronic Bank Statement-MT940 Format

Applies to:
Below configuration is based on SAP ECC 6.0. For more information, visit the Enterprise Resource Planning homepage.

Summary
This article drives you with the process of Electronic Bank Statement in SAP ECC 6.0 version for SAP FI/C0 (Finance & Controlling) Module. Here we are going through the topic of MT940 format to Import data’s to SAP. Author: Pramitha.A.R, Praveen C & Sreehari.

Company: Applexus Software Solutions (P) Ltd. Created on: 7 April 2011

Authors Bio
Praveen Chirakkel is working as SAP Functional Consultant with Applexus Software Solutions (P) Ltd. He has an experience of over 2+ year in SAP FI/CO. Sreehari is working as SAP Functional Consultant with Applexus Software Solutions (P) Ltd. He has an experience of over 3+ year in SAP FI/CO. Pramitha.A.R is working as SAP Techno-functional Consultant with Applexus Software Solutions (P) Ltd. She has experience 2 +years in SAP ABAP and SAP FI/CO.

SAP COMMUNITY NETWORK © 2011 SAP AG

SDN – BUSINESS PROCESS EXPERT COMMUNITY | BPX - bpx.sap.com 1

Electronic Bank Statement-MT940 Format

Table of Contents
Electronic Bank statement Process Flow Chart ................................................................................................. 3 Electronic bank statement overview: .................................................................................................................. 3 Configuring the Electronic Bank Statement ........................................................................................................ 4 Create House Bank ......................................................................................................................................... 4 Electronic Bank Statement .............................................................................................................................. 5
Make Global Settings for Electronic Bank Statement................................................................................................... 5 1. Create account symbols ........................................................................................................................................ 6 2. Assign accounts to account symbols ..................................................................................................................... 7 4. Create keys for posting rules ................................................................................................................................. 7 5. Define posting rules ............................................................................................................................................. 10 6. Create transaction types ...................................................................................................................................... 12 7. Assign external transaction codes to posting rules .............................................................................................. 12 8. Assign bank accounts to transaction types .......................................................................................................... 13

Import Electronic Bank Statement ................................................................................................................ 14 Details of description (MT942 Format).......................................................................................................... 14 Uploading Bank Statement into SAP ............................................................................................................ 15 To view cleared documents .......................................................................................................................... 17 Checking of bank Statement (Transaction Code: - FF67) ............................................................................ 18 Double click on required statement to view the transaction details .............................................................. 19 Related Content ................................................................................................................................................ 20 Disclaimer and Liability Notice .......................................................................................................................... 21

SAP COMMUNITY NETWORK © 2011 SAP AG

SDN - sdn.sap.com | BPX - bpx.sap.com | BOC - boc.sap.com | UAC - uac.sap.com 2

sap.sdn.com | UAC . 3. Similarly Checks Received from customer is debited to GL code 331 SBT Check Received which is a clearing account.com 3 . The electronic document can be remitted by the bank in the following formats SWIFT. This statement is used in SAP to do an automatic reconciliation.sap. It is an electronic document sent by the bank which gives details of the transactions done by the account holder. 4.uac. SAP COMMUNITY NETWORK © 2011 SAP AG SDN .com | BPX .bpx.sap. Multicash.Electronic Bank Statement-MT940 Format Electronic Bank statement Process Flow Chart Electronic bank statement overview: 1. Check in account to the main bank account.com | BOC . In our scenario we have the following bank GL codes (Sub accounts) for our Bank:330 332 331 SBT Bank – Main account a/c SBT Check Issued Out SBT Check Received Checks issued out to vendors will be credited to GL code 332 SBT Check Issued Out which is a clearing account.sap.boc. The statement is uploaded in SAP and it clears the various Bank clearing accounts such as the Check out. BAI etc. 2.

for example.com | UAC . Configuring the Electronic Bank Statement Create House Bank Transaction Code FI12 In the SAP system. for automatic payment transactions to determine the bank details for payment. These specifications are used. All the clearing accounts having balances will be the reconciliation items. GL code account description Debit /Credit 331 SBT Check Received Credit 330 SBT Bank – Main account a/c Debit Thus after uploading the bank statement in the system.Electronic Bank Statement-MT940 Format When the bank statement is uploaded in SAP the following will happen:For checks issued out – based on checks cleared in the bank account the following entry will be passed automatically. GL code 330 SBT Bank – Main account a/c will exactly match with the balance shown in the bank. SAP COMMUNITY NETWORK © 2011 SAP AG SDN . the Main bank account i.com 4 .uac.sap.bpx. Manual bank statement – In case the bank is not able to give an electronic statement then the statement can be manually entered in the manual bank statement and uploaded.sap. Define your house banks and the corresponding accounts in the system under a bank ID or an account ID.com | BPX .com | BOC . GL code account description Debit /Credit 332 SBT Check Issued out Debit 330 SBT Bank – Main account a/c Credit For Checks Received in – based on checks cleared in the bank account the following entry will be passed automatically. you use the bank ID and the account ID to specify bank details.sap.sap.boc.sdn.e.

3 Create keys for posting rules Assign posting rules to possible transactions in account statement file.com 5 .com | BOC .sap. SAP COMMUNITY NETWORK © 2011 SAP AG SDN . Create account symbol Specify G/L accounts (such as bank. Assign accounts to account symbols Define postings to be triggered by possible transactions in the account statement (such as bank transfer. the only difference between them being the accounts to which postings are made. outgoing checks) to which postings are to be made from account statement. In the posting specifications debit -> credit that you define here. A list of assignments where one external transaction code is assigned to one posting rule is called a transaction type. All the house bank accounts at a particular bank are usually assigned to the same transaction type. cash receipt. to a transaction type. 4 Create a transaction type Assign bank details.com | BPX .sap. These are required for the posting rules in step 2.Electronic Bank Statement-MT940 Format Electronic Bank Statement In the following activities you make all the settings necessary for electronic bank statements.sap.bpx.boc. not the G/L account numbers.uac. use the account symbols from step 1. There are four main steps to be carried out: 1. This prevents similar posting rules being defined several times. debit memo). for which the account statements are to be imported. 2. Make Global Settings for Electronic Bank Statement In this activity you make the global settings for the account statement.sap.sdn.You assign account symbols to the G/L account numbers.com | UAC .

com | BOC .com 6 . Before the posting rule is used.sap.sap.Electronic Bank Statement-MT940 Format 1.com | BPX .bpx. Define an ID for each account symbol & enter a description in the text field. the account symbols are replaced with the relevant accounts to which posting is to be made. Create account symbols In this activity you create the account symbols that you later need for defining the posting specifications.sap.uac. SAP COMMUNITY NETWORK © 2011 SAP AG SDN .sdn.sap. Create the account symbols BANK and CASH RECEIPT so that you can later define a posting rule for cash receipt.com | UAC .boc.

the G/L account field can contain a masked output.sap. Assign accounts to account symbols In this activity you define the account determination procedure for each individual account symbol. 3. This prevents similar posting rules being defined several times. Create keys for posting rules In this activity you enter descriptions for the necessary posting rules. such as:     Incoming check Credit memo Debit memo etc. The masking is done using ++++++ for the main bank account.uac. Define postings to be triggered by possible transactions in the account statement (such as bank transfer.sdn. For Bank charges the actual General ledger account is entered. the only difference between them being the accounts to which postings are made.com 7 . Define G/L Accounts to Account Symbols To avoid having to define a separate account symbol for every single house bank account (with a different G/L account in each case). A list of assignments where one external transaction code is assigned to one posting rule is called a transaction type. In the posting specifications debit -> credit that you define here.boc.sap.sap. SAP COMMUNITY NETWORK © 2011 SAP AG SDN .com | UAC .sap. the entry must be right-aligned. Click 4. debit memo). Note that masked entries (using +) are always based on a ten character account number.com | BOC . not the G/L account numbers.Electronic Bank Statement-MT940 Format 2. Assign posting rules to possible transactions in account statement file. Each posting rule represents a business transaction from the SAP System that is included in the account statement. use the account symbols from step 1. For the sub accounts all the other digits are masked except the last one.bpx. If you are using a shorter account number (six characters. for example).com | BPX .

sap.sap.com 8 .bpx.com | UAC .Electronic Bank Statement-MT940 Format Click SAP COMMUNITY NETWORK © 2011 SAP AG SDN .sap.boc.sdn.com | BOC .uac.sap.com | BPX .

com 9 .uac.sap.sdn.com | BPX .boc.Electronic Bank Statement-MT940 Format Click SAP COMMUNITY NETWORK © 2011 SAP AG SDN .sap.com | UAC .bpx.sap.sap.com | BOC .

the account symbols) and posting keys for both the debit and credit sides of the posting record.sap. the system uses the note to payee information to try to identify and clear an appropriate open item.sdn. reversing clearing). Click For posting areas 1 and 2: 1. and posting keys for payment on account.sap.sap. 4.com | UAC .com 10 . Depending on the type of posting (clearing/posting). special G/L indicators. If required. In this case. Specify the document type. make entries in the optional fields for compression.boc. it may be necessary to leave the fields on either the debit or credit side blank. You use the posting specifications to specify how a certain business transaction (such as a credit memo) is to be posted.com | BOC . there is no need to specify the account and posting key beforehand since they will be determined automatically during the open item search. 3. Enter the accounts (that is.com | BPX . Define posting rules In this activity you create posting specifications for each posting rule. For example.bpx.Electronic Bank Statement-MT940 Format 5.sap.uac. Enter the posting type (posting or clearing G/L accounts or sub ledger accounts. 2. with posting type 8 (credit clearing for sub ledger accounts). SAP COMMUNITY NETWORK © 2011 SAP AG SDN .

sap.bpx.boc.com | BPX .sdn.com 11 .com | BOC .uac.sap.sap.Electronic Bank Statement-MT940 Format Click Click Click SAP COMMUNITY NETWORK © 2011 SAP AG SDN .sap.com | UAC .

com | BPX . For each transaction type. assign a posting rule to each external transaction key.com | BOC . SAP COMMUNITY NETWORK © 2011 SAP AG SDN . If necessary. 3.sap.sap.com | UAC .uac. Assign external transaction codes to posting rules In this activity you assign (external) business transaction codes to an (internal) posting rule. This means that the same posting specifications can be used for different business transaction codes.sdn.bpx. 1. Create transaction types In this activity you create the names and descriptions of the various transaction types you require. 2.sap. enter "+" or "-" to indicate whether payments are incoming or outgoing.boc. In the "+/.sign" field. Create the names and descriptions of the various transaction types you require.com 12 . define an interpretation algorithm if open items are to be cleared automatically as a result of the posting. 7. House banks that use identical lists of business transaction codes (external transactions) can be assigned to the same transaction type later.Electronic Bank Statement-MT940 Format 6.sap.

com 13 .sap. You can specify a work list of G/L accounts.sdn.sap.Electronic Bank Statement-MT940 Format Click 8.sap.com | UAC . Assign bank accounts to transaction types In this activity you assign each of your bank accounts to a transaction type.uac.com | BPX .boc.bpx.sap. SAP COMMUNITY NETWORK © 2011 SAP AG SDN .com | BOC . This enables you to search several bank subaccounts for open items that the system could not clear during posting of the account statement when you post process the account statement.

sap. The banks are identified by means of the bank key and the external account number.boc.sap.sap.com | UAC .com | BOC .com | BPX . if required. Click Import Electronic Bank Statement Sample format of Electronic bank statement (MT940 format) which is received from bank Details of description (MT942 Format) : 20: Statement Date : 25: Account Identification Bank ID/account number : 28C: Statement and/or sequence number : 60F: Opening Balance : 61: Statement line field : 86: Information to account holder : 62F Closing Balance SAP COMMUNITY NETWORK © 2011 SAP AG SDN .bpx.uac.sap.com 14 . to a currency class.Electronic Bank Statement-MT940 Format Click Assign your banks to a transaction type and.sdn.

boc.Electronic Bank Statement-MT940 Format Uploading Bank Statement into SAP Transaction code FF_5 Fill the details as shown in screen shot to uplad the data provided by bank.sap.com 15 .sap.com | UAC .com | BPX .uac.sap.com | BOC .Click on Excuete button(f8) for uploading data into ERP system. Click on SAP COMMUNITY NETWORK © 2011 SAP AG SDN .bpx.sap.sdn.

uac.sap.sap.boc.com | BOC .Electronic Bank Statement-MT940 Format Click Click SAP COMMUNITY NETWORK © 2011 SAP AG SDN .com | BPX .bpx.sap.com | UAC .com 16 .sdn.sap.

com | BOC .boc. Now.sdn.sap.sap.sap.com 17 . documents will automatically posted into the Main Bank Account & also it clears the Sub ledgers open items as shown below. Go to Transaction Code FBL3N.Electronic Bank Statement-MT940 Format To view cleared documents After uploading Electronic Bank Statement data through Transaction Code FF_5.sap.com | UAC .com | BPX . Bank Sub ledger amounts are transfer to Main Bank account SAP COMMUNITY NETWORK © 2011 SAP AG SDN .bpx.uac.

com | BOC .sap.sap.com | UAC .Electronic Bank Statement-MT940 Format Checking of bank Statement (Transaction Code: .com | BPX .boc.bpx.sap.sap.com 18 .FF67) Click on Double click Selected Bank SAP COMMUNITY NETWORK © 2011 SAP AG SDN .uac.sdn.

boc.sap.sap.uac.com | BPX .sap.bpx.com | UAC .com | BOC .sap.sdn.com 19 .Electronic Bank Statement-MT940 Format Double click on required statement to view the transaction details SAP COMMUNITY NETWORK © 2011 SAP AG SDN .

jspa?threadID=1794922 For more information.sdn.sap.com | UAC . SAP COMMUNITY NETWORK © 2011 SAP AG SDN .com/forum.bpx.sap.sap. visit the Enterprise Resource Planning homepage.boc.com 20 .sdn.uac.sap.sdn.com/thread.sap.sap.Electronic Bank Statement-MT940 Format Related Content FI Electronic Bank Statement http://forums.com | BOC .jspa?forumID=141&start=0 http://forums.com | BPX .

including any liability resulting from incompatibility between the content within this document and the materials and services offered by SAP.bpx.com | BPX . code or methods suggested in this document.sdn. SAP offers no guarantees and assumes no responsibility or liability of any type with respect to the content of this technical article or code sample. SAP will not be held liable for any damages caused by using or misusing the information. SAP responsible or liable with respect to the content of this document.Electronic Bank Statement-MT940 Format Disclaimer and Liability Notice This document may discuss sample coding or other information that does not include SAP official interfaces and therefore is not supported by SAP.sap.boc. Changes made based on this information are not supported and can be overwritten during an upgrade.uac.com | UAC . and anyone using these methods does so at his/her own risk.com 21 .sap.sap.sap. SAP COMMUNITY NETWORK © 2011 SAP AG SDN .com | BOC . or seek to hold. You agree that you will not hold.

Sign up to vote on this title
UsefulNot useful