Finance & Controlling
What is Electronic Bank Statement (EBS)?
Automatic import of bank statements, such as MT940, BAI2, or camt.053, that posts and clears bank transactions.
Posting rules and search strings interpret statement lines and clear open items automatically. Unmatched items go to a post-processing queue. Testing requires realistic bank files covering all transaction types.
Related transaction codes
Related terms
House Bank
A bank where a company code holds accounts, configured with bank accounts that the payment program and bank statements use.
Clearing
Matching offsetting open items so that their balance is zero and marking them as cleared.
Cash Management
SAP functionality for monitoring cash positions, liquidity forecasts, and bank accounts across company codes.
More in Finance & Controlling
Planning an S/4HANA move?
Read the field guides on testing an ECC to S/4HANA migration and grab the free template library.