MT940 is now available in myPOS
It is not always easy to transfer data from one place to another, e.g. from your e-money account to your accounting software. But in myPOS, we know how important is for the businesses to simplify the accounting process and be capable of exporting account statements in financial format recognized by their accounting software.
With this in mind, we made it possible for all myPOS clients to export account statements in MT940 format directly from their myPOS account.
What is MT940?
MT940 is an end-of-day electronic statement which outlines all entries booked to an account. It is very common across Europe and it’s supported by a great number of bookkeeping and accounting software products.
Thanks to our latest efforts, all myPOS clients can export statements in MT940 format straight from their myPOS account and then import it into their accounting software. This will simplify the process of transferring financial data and will certainly save the companies lots of time and hassle.
How you can export MT940 in myPOS?
First, you need to go to Accounts -> Statements. Select account and click on View under Statements column. Then click on the icon “MT940 MultiCash export (Non-S.W.I.F.T.)” and the MT940 statement will be available to download in seconds.
Have any questions? Our team will be happy to assist you, so feel free to send us an email at email@example.com, anytime.