Economic reason codes
Use this function to manage and create economic reason codes to use when generating payment balance declarations.
This allows you to meet country-specific requirements to prepare periodic statistical declarations on external payments and/or receivables or liabilities. You can apply an economic reason code to a group of BPs or an individual BP. See Economic reason/BP groups.
Depending on the country, these declarations are sent to the National Bank or a statistics office and include BP country, monetary amounts, and an economic reason code that identifies the type of payment, receivable, or liability.
The economic reason codes (declaration to the payment balance) are used during the payment creation and appear in the bank files.
The grid displays all the existing codes that you can edit or delete using the Edit icon and Actions icon menu on each line.
Actions
Click Create to define a new economic reason code or edit current entries.
Presentation
Use these fields to define a new economic reason code.
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Fields
The following fields are present:
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Enter the code for a supported legislation. Supported legislations include:
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Enter a code that is specific to the country. |
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Select a type for the economic reason code.
For German legislation, you cannot select Not used. |
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Enter a short description that gets exported depending on the legislation. |
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Enter a long description that gets exported depending on the legislation. |
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Reports
Filters
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Select this action to view economic reason codes for all supported legislations. |
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Select this action to only view economic reason codes for Austria. |
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Select this action to only view economic reason codes for France. |
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Select this action to only view economic reason codes for Germany. |
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Select this action to only view economic reason codes for Portugal. |
Limitations
This feature is only available for the following legislations:
- Austrian
- French
- German
- Portuguese