The first thing you do when you set up reading of OCR files (KID) in Moment is to contact your bank and give them the following information:
Moment uses MOD 10. MOD 10 is an algorithm used for adding a final random digit to the KID number.
KID number format
Recipient of accounting data:
Customer entity ID in Nets: 00502692
Name: Moment Team AS
Address: Wergelandsveien 1
Phone: +47 22828700
After you have set up the agreement with the bank you can make the following changes in Moment. You go to Setup > Settings > Invoicing and scroll down to the bottom of the page.
On “Use KID number on invoices”, tick Yes.
In the field “KID number format” you have a couple of different choices depending on what format you want in your KID number. The most used format is INV(X). Instead of the X you enter the number of digits in your invoice number. The KID number will then have that number of digits + one control digit at the end. So if you enter INV6, the total number of digits will be 7.
You also have the opportunity to include the customer number in the KID number. Her comes som examples of how the KID number can be built up:
After you have made your changes you click save at the bottom right corner. All invoices created after you have made these changes will include KID.
It is also important to inform your bank, that if you want to read OCR files both in Moment and in an external accounting system, then you should add both Moment and the accounting software as receivers of OCR files from the bank. This is useful if you want to keep your customer ledger up-to-date in both systems.