MT940 is a standard structured SWIFT Customer Statement message. In short, it is an electronic bank account statement which has been developed by SWIFT. It is an end of day statement file which details all entries booked to an account.
Benefits of the Electronic Reconcile Module
The electronic reconcile module allows you to track transactions and balances for all of your bank accounts. Reconciliations prevent mistakes and ensure you always know your banking position.
Pull transactions directly into your system from the bank, and automate data entry
Make sure your transactions in both your Bank and ERP systems are accurate
Ensure you are tracking fees and interest transactions
Monitoring transactions can help prevent fraudulent activity and ensure that all transactions are genuine
Sending outdated and boring documents to clients is not going to make a good first impression. You're probably tired of the dreary default reports from Sage X3.
Well, with our set of reports we have r...
MT942 is a standard structured SWIFT Customer Statement message. In short, it is an electronic bank account statement which has been developed by SWIFT. It is an interim statement file which details a...