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Connect your accounting system to your webshop

MultiSafepay offers a clever accounting export file for your accounting program. The file is based on the existing MT940 accounting standard of Dutch banks. The export file allows you to automate your accounting process and reduce administrative workload and costs.

MT940 export file:
  • allows you to match your online payment transactions to orders.
  • reduces administrative workload for your financial department. Remaining manual administrative processes can be handled more efficiently. 
  • automates administrative processes reducing the chance of errors and ultimately reduces costs.

Match online transactions with outstanding orders   
The MultiSafepay MT940 file is a digital file, containing an overview of all the incoming and outgoing online payment transactions shown in your MultiSafepay account. MT940 allows you to automatically match your online transactions with outstanding orders in your accounting system.  

For this to be successful your accounting system must be compatible. The MT940 export file is only suitable for organisations which already (or plan to) use an existing MT940 file from one of the Dutch banks. 
  
To enable the connection you need to add a bank account number into your accounting system. The MT940 export automatically uploads your MultiSafepay account number, which contains 7 digits and not the standard 11 digits of a bank account number, called the ‘11-verification'. To work around this you will need to turn off, if possible, the verification of the 11 numbers in your accounting system. When the verification can’t be turned off, it is possible to add an alternative bank account number while creating the MT940 export file.

More information
Would you like to receive more information about matching your online transactions with outstanding orders in your accounting system? Please contact us on telephone +31 (0)20 8500 500.