Bank statement messaging

ERPs are required to support bank statement messages in formats that are provided by banks. Typically, the message data is imported by bank customers to their cash management or general ledger systems and reconciled with the underlying ERP cash transactions.

Chile specifics

Chilean bank files layouts are not based on any standard definition. Each bank has its own layout.

Some banks use the MT940 bank statements.

How Infor meets the requirement

Use GEMS to convert the bank file into an FSM-compatible BankStatement XML file. Bank statement header and bank statement lines are created by using the LoadBankStatement_In BOD. The BOD solution is only available for the MT940 format.