Bank statement

From iDempiere en

iDempiere uses a concept called "Bank statement" to reconcile bank accounts and other similiar accounts. Similiar accounts can be any kind of account where you account payments and/or where money doesn't transfer immediately.

Typically payments involve a few steps like:

  • Prepare payment
  • Ask bank or someone else to do a payment for you
  • Receive a confirmation that the payment has been made.

Depending on the way of payment there can be different amount of time between the steps. A bank statement constitutes the final step in this chain and when the bank statement is completed, we're telling the system that we confirm that money has transferred to complete a payment.

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