Payment batches in CAMT.054 files

Business value

A payment batch is several payments that the bank booked as one amount on the bank statement. Handling the transactions of a payment batch as one batch makes it easier to reconcile and post them in line with the bank statement.

Feature details

During import, Continia Banking adds a payment batch number to all transactions in a payment batch. In the Payment Reconciliation Journal, you can post one bank account entry per payment batch and posting date. In the Bank Acc. Reconciliation, you can merge the lines of a payment batch into one line by using a merge rule.

For more information, see Handling payment batches in CAMT.054 files.