Automatic Bank Reconciliation

[shrey_1994]

Dear SAP Gurus,

I've tried referring multiple online resources to understand bank reconciliation process. However, I'm unable to find appropriate process documentation or details about automatic bank reconciliation process.

Please explain me in detail about automatic bank reconciliation process through SAP, along with applicable process documentation regarding the same.

[sanilbhandari · Accepted solution]

Hi

The below blogs might be very good starting points:

https://blogs.sap.com/2020/06/29/steps-to-activate-electronic-bank-reconciliation-statement-mt940-fo...

https://blogs.sap.com/2020/08/05/search-string-in-electronic-bank-reconciliation-mt940-format-part-i...

https://blogs.sap.com/2021/01/04/all-you-need-to-know-about-electronic-bank-statement-camt-054-forma...

There are lot of blogs on SAP Community on the same, as this is a topic which has been around for sometime. The first thing is to check with your bank on the appropriate file format and start with the set up and work with a technical colleague on how will you import the file from the bank automatically. You need to also involve your bank in setting uo the interface.

Thanks & regards

Sanil Bhandari