SWIFT MT940 FormatBanks basically deliver account statements in SWIFT MT940 format (with or without structured field 86).From prior experience, SAP recommends not importing these files directly into the SAP system because many banks deliver this format in an unstandardized form. Therefore,should convert these formats to Multicash format by using BCS(Bank Communication Software) software (see Multicash format)

Transaction Code for Electronic Bank Statement FF_5 & FF.5 in SAP (Importing non SAP format to SAP format)

Electronic bank statement format (MT940 format)

1) Automatic recognition of the structure of field 86

Until now, had to select the format when importing Swift MT940statements:

I for Swift MT940 field 86 unstructured S for Swift MT940 field 86 structured

For the processing to work correctly, field 86 had to be completely structured or unstructured in the statement files. After you implement the solution, a new format 'G' is introduced allowing files to be read that contain both structured and unstructured 86 fields.

Caution:When import the bank statement file, the system checks whether item 8 in field 86 contains the character for the field separator (delimiter). The field separator is usually '?'. If your bank uses a different field separator, use the user parameter RFEKA400_DELIMITER. Here, you can specifymultiple field separators such as '?&('. During the import, the system checks whether item 8 contains a character that is specified as a field separator. If this is the case, the note to payee for this item isProcessed as structured. Similarly, if item 8 does not contain a field separator, the systemProcesses the item as unstructured.

Requirements for development

1) We need to enquire with Client, fields on Bank Statement format Excel format etc. to upload SAP SWIFT MT940 format

For Example

(Client receives a file from the bank in the excel format with the following details.

A/c number Customer name Branch name Currency Posting date Value date Naration1 Naration 2 Naration 3 Debit (amt) Credit(Amt) Balance CR/DR indicator ).

2) Need to develop a preprocessing program to convert the file into an SAP acceptable format (BAI, multi cash, MT940 etc.). Also need to complete the configuration for electronic bank statement processing. Before develop the program check with the bank(Client) if they can provide these information in any SAP acceptable format.