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Automatic refund of security deposit

Hello Experts,

I want to refund the all security deposit automatically with FPY1. Could you help me in this configuration ? .

Regards

Amit

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2 Answers

  • Best Answer
    May 06, 2015 at 02:13 PM

    Amit,

    You have to enhance event R401 and 870 for catering your requirement.

    Event 870 is triggered during the release of SD. In here, you can set the payment method at the Document level along with the bank details or the Credit Card Details.

    Event R401 is triggered during invoicing  and can do the account maintenance. So in here, you have to exclude the SD payment from being cleared.

    Thanks,

    Amlan.

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    • Hi Amit,

      For an item to be picked up in the Payment run, FPY1, the Payment method at the line item level has to be updated (for cheques) and along with that Bank/Credit details ( if you are refunding to the Customer Bank /Credit card)

      The enhancements that I have suggested is only for updating the payment method and the bank/credit card details at the line item level. It has nothing to do with FPY1.

      FPY1 will behave normally as per standard functionality and will pick them for refund.

      Until and unless you mention the payment method, it will not get picked.

      Thanks,

      Amlan

  • May 07, 2015 at 01:05 AM

    Hi,

    Note that Transaction code FPRL can be used to release Deposits based on Return date range. This would trigger Event 870 to introduce logic to place payment methods on the released deposits.

    Then you can run FPY1 to either do direct debit or cheques.

    Regards,

    Ivor

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