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File Specification: Statement Export Statement Type: Multi cash File Specifications: Multi cash July 2012-Page 1 Table of Contents Table of Contents ..............................................................................................................................2
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What is multicash?
Multicash is a method of payment used for electronic transactions in which multiple payments are consolidated into a single file.
Who is required to file multicash?
Businesses or individuals who need to make multiple payments to various recipients and want to streamline the process.
How to fill out multicash?
Multicash files can be created using accounting software or specialized banking systems that support this type of payment format.
What is the purpose of multicash?
The purpose of multicash is to simplify and automate the process of making multiple payments, reducing paperwork and streamlining accounting processes.
What information must be reported on multicash?
Multicash files typically include details such as payment amounts, recipient details, and reference numbers.
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