This activity is used to create a Z4 report proposal, acknowledge it, and print the report to file. You can also change, delete, or unacknowledge the proposal. By law, German companies engaged in foreign trade must submit the Z4 report monthly to the Bundesbank (Central Bank) containing payment transactions of the previous month which exceed EUR 12500. Payments concerning the import and export of goods need not to be included in the Z4 report, as well as payments for short-term loans (less than 12 months) need not be included.
This activity can be performed via the Z4 Proposals page.
This activity requires that a German company exist with at least one supplier and/or customer outside Germany.
Before creating the proposal basic information must be set up in the Central Bank Reporting Setup page. National bank codes can be entered and modified in the National Bank Codes page.
As a result of this entry, a Z4 report proposal is created, and a Z4 report is printed to file.
When the proposal is acknowledged, you can create an XML file to be uploaded to the ExtraNet of the German Central Bank.