Bank Statement Types

A bank statement type identifies the type of electronic bank statement to process. The bank statement type is selected in 'Additional Information. Structure' (ABS930), and also, when registering transactions from a bank statement manually, in 'Bank Statement. Open' (ABS100).

These bank statement types exist:

• 1 = Bank statement
• 2 = Payment specification
• 3 = Payments received.

Type 1 - Bank Statement

A bank statement can contain both supplier payments and payments received.

An account entry is created for the bank statement based on accounting rule AB10–370.*

Type 2 - Payment Specification

In some areas, the bank statement includes one line for all payments received and/or one line for all supplier payments. A separate payment specification declares all the individual records of payments made by a customer or supplier and the corresponding invoices. The information enhances the allocation of invoices to bank statement lines.

An account entry is created for the bank statement based on accounting rule AB10–374 (bank in transit).*

Type 3 - Payments Received

This third bank statement type refers to an electronic bank file with payments received only. This type of file does not contain any opening or closing balances, so the fields for those balances are not displayed when you work with the file header in (ABS100/F).

An account entry is created for the bank statement based on accounting rule AB10–370.*

If you select alternative 3 in (ABS930), you must also select alternative 1 (Accounts receivable) in the 'AR/AP payment' field in the same program.

* Whether account entries are created for the bank statement as a whole or for each total per bank statement line is defined in 'Bank Account Identifier. Open' (ABS900).