This activity is used to create a Z5 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 Z5A report monthly to the Bundesbank (Central Bank).
It has to include the claims on and liabilities to non-residents (= foreign parties) with a non-banking status at the end of each month. The claims and liabilities must be reported by foreign country, identity type of the foreign party (external, internal-parent company, internal-sister company, internal-subsidiary) and by AR/AP type (whether short-term, long-term or payment in advance).
This activity can be performed via the Z5A 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.
As a result of this entry, a Z5A report proposal is created, and a Z5A 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.