How-To: Using SEPA Batch Bookings

← Cash Management Best Practices

SEPA Direct Debit and SEPA Credit Transfer allow to combine multiple transactions using a Batch Booking parameter. This setting controls how the combined transactions are displayed on bank statements – usually, batched transactions (or consolidated bookings) appear as one entry. Organizations use this option to avoid information disclosure.

Once your JustOn Cash Management instance integrates with a bank, your business can directly upload and retrieve payment information. This may involve SEPA batch bookings:

• You can control whether to use batch bookings when creating SDD or SCT orders. The bank, for their part, can use batch bookings at their discretion, possibly depending on criteria like the number of involved individual transactions or the overall transaction volume.
• When downloading bank data, JustOn Cash Management retrieves CAMT.053 files produced by the bank. These messages may or may not display the consolidated bookings.

Solution Outline

In any case, you must explicitly request your bank to break down all batch bookings into individual transactions in the CAMT.053 files. This enables JustOn Cash Management to correctly process the resulting bank statement items on automatic settlement.

Solution Details

Enabling JustOn Cash Management to correctly handle batch bookings involves the following tasks:

1. Request your bank to break down all batch bookings into individual transactions in the CAMT.053 files.

   This is part of the agreement with your bank on the EBICS-based data access.

2. Enable the batch booking control in JustOn Cash Management.

   For details, see Enabling SEPA Batch Booking Control.

3. Configure the batch booking creation for your SEPA orders.

   This is part of the bank initialization in JustOn Cash Management. For details, see Configuring SEPA Batch Booking Creation.