An MT940 file is a widely used format for exchanging bank transactions with accounting software. By exporting transactions in MT940 format, you can efficiently process financial data and keep your records up to date.
Below, you'll find a step-by-step guide on how to create an MT940 export from ING.
Step-by-step guide for exporting an MT940 file from ING
Step 1: Log in to your ING account
Go to the ING online environment and log in with your username and password.
Step 2: Go to 'Download debits and credits'
- In the menu, click on Service
- Select Your downloads & statements
- Then choose Download debits and credits
Step 3: Choose the account and period
- Select the account from which you want to export transactions
- Choose the desired period or set a custom date range
Step 4: Select the file format
Choose MT940 as export format.
Step 5: Download the file
Click on Download to save the MT940 file to your computer.
Why up-to-date administration is important
A well-organized administration provides insight into your company's financial performance. By regularly exporting and processing bank transactions within your accounting software, you maintain an overview of income, expenses, and cash flows.
For entrepreneurs with international transactions, multiple payment platforms, or a growing business, structured administration is essential. It prevents errors, saves time, and ensures reliable financial reporting.
Support for accounting and administration
At Suits Finance, we support entrepreneurs with accounting, financial reporting, and international administrative matters. From daily processing to strategic financial insights.
Do you have questions about processing transactions, setting up your administration, or optimizing financial processes? Our specialists are happy to assist you.
By following the steps above, you can easily export an MT940 file from ING and efficiently process transactions within your accounting system.
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