Basic Bank Account Management

With Basic Bank Account Management, cash managers and bank accountants can centralize the management of bank accounts using bank account master data, using a table view of banks and bank accounts.

Bank account master processing includes:

• Creating a bank account

• Changing a bank account

• Closing an obsolete bank account

• Reopening a closed bank account

Key Process Steps Covered

  • Manage bank and bank account master data with direct revision activation (Create/change/close/reopen bank account)

Benefits

  • Manage bank and bank account master data centrally
  • Upload and download bank accounts freely