Hi Tibin,
SWIFT MT942 bank statement with 'Account Balance selection' will help in loading statement with a statement type 0004, account balance statement. This statement type prevents the possible document posting of line-items entries received from and intraday statement, but as Anton Farenyk is referring it helps in updating cash position. Please find below screen shot of application help provided at FF_5 transaction code:-
After upload of MT942 statement, payment advice will be generated and you need to convert payment advice into a memo record using FPS3 transaction.
If you want to display or print the statement use transaction code FF_6. In selection screen populate 'Application' as '0004 Account Balance' and provide other require information you will be able to see lines of uploaded bank statement. Please find below screen shot for your reference:-
Regards,
Anand Raichura