Bank Statements

Proprietary format Reference Document flow
camt.053.001.02 02 LCL_BankStatement_XC_camt05300102_DocumentFlow
camt.053.001.06 06 LCL_BankStatement_XC_camt05300106_DocumentFlow
camt.053.001.08 08 LCL_BankStatement_XC_camt05300108_DocumentFlow
camt.054.001.02 02 LCL_BankStatement_XC_camt05400102_DocumentFlow
camt.054.001.04 04 LCL_BankStatement_XC_camt05400104_DocumentFlow
camt.054.001.06 06 LCL_BankStatement_XC_camt05400106_DocumentFlow
camt.054.001.08 08 LCL_BankStatement_XC_camt05400108_DocumentFlow
MT940 2020-11 LCL_BankStatement_XC_MT940_DocumentFlow
Note: LCL_XC_camt05300102_BankStatement can be used for the Slovakia Tatra Banka camt.053.001.02 BankStatement map.

Files that contain statement information are produced by the banks and may be downloaded to your server. When files are placed in a specified location, the files are picked up and transformed into BODs, which can then be published to the ERP.

GEMS supports these types of bank-to-customer reporting:

Bank statement reporting

Bank statements contain financial transactions that are booked on the account and balance information at a given point in time. The bank statement is used to report account activities over a defined period.

The bank statement can also be used for end-of-cycle statements, such as end-of-day, end-of-week, end-of-month, or end-of-year. The time period and statement content depend on the agreement between the bank and the account holder.

The bank statement can contain more than one account and provides information for cash management or reconciliation in the ERP. The most common type is end-of-day statements with booked entries for the day, including opening and closing balance for the day.

Bank transaction reporting

In bank transaction reporting, a bank publishes an electronic file and sends the file to the ERP. The electronic file indicates the cash received as payment for the amount owed by a company’s customers, based on Accounts Receivable.

This automatic receipt process precedes the invoice-to-receipt allocation process in Accounts Receivable, and is intended to improve the efficiency and speed of cash-receipt handling.

This automatic receipt process can also take the form of a notification about transactions above a specified limit, for example, whenever a transaction above 100,000 USD is booked on an account.