bank statement

bank statement

The bank statement serves as a legally binding notification instrument from the bank to its customers. It contains information on the turnovers on an account and can be delivered to the customer via various channels (such as bank statement printer, by mail). If additional settlement details are included in the bank statement, this special form or bank statement is also described as a balance notification. If the customer raises no objection to the settlement results listed within a certain period, the results of the settlement carried out by the bank are thereby accepted by the customer.

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Industry/Domain: Software
Category: ERP
Company: SAP
Product: SAP Business One
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