How robust is SAPs bank statement auto reconciliation program?
SAP can accept numerous bank statement formats, including BAI and MT940. SAP’s import/reconciliation program is able to clear items automatically from the general ledger as well as the customer and vendor subledger using standard algorithms which look at amounts, value dates, invoice information, bank reference numbers or check numbers.
Related Questions
- Where do I find the export feature for my bank reconciliation program (i.e. QuickBooks, Quicken, and Microsoft Money)?
- Where do I find the export feature for my bank reconciliation program (i.e. QuickBooks and Microsoft Money)?
- How Does the Electronic Bank Transfer Program and Auto Credit Card Renewal Program Work?
