Advanced Bank Statement Automation (4X8)

Advanced Bank Statement Automation (4X8)

Advanced Bank Statement Automation creates templates for reprocessing rules by learning from past patterns of the manual actions taken during the reprocessing of the bank statement items. Instead of only being able to create reprocessing rules manually, you can use the templates to create reprocessing rules more easily.

Moreover, with the scope item activated, the reprocessing of bank statement items is triggered automatically following the initial posting. Thus, the system applies the corresponding reprocessing rules to the pending items to complete the postings.

Key Process Steps Covered

  • Reprocess bank statement based on the automated reprocessing rules
  • Propose the reprocessing rules based on the past manual reprocessing actions

Benefits

  • Save effort in this labor-intensive process
  • Consume the fully integrated business process easily

Where is Advanced Bank Statement Automation(4X8) being used?

This Scope item is used in the following way:

  • As a support function of Financial Operations within Finance Scope Item Group
  • As a support function of Treasury Management within Finance Scope Item Group

Process flow of Advanced Bank Statement Automation (4X8)

Find below the process flow of the scope item Advanced Bank Statement Automation as it is defined for release s4h-2021.


Download Process Flow of Best Practice scenario Advanced Bank Statement Automation (4X8) - S/4HANA OP
Ref: Finance of SAP S4H-2021
Best Practices related to S/4HANA*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.
Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:
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