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author's profile photo Former Member
Former Member

Biller Direct & Customer Payment

Hi Experts,

We have just rolled out biller direct and have configured for auto payment for both Credit Cards & ACH Bank Payments

Auto Payment is taken on invoice due date.

I have now a request to split auto payment.

For example I have an service invoice issued 1st May 2015 for $ 1200.00 covering up to 30th April 2016.

I want to split the auto payment over the next 12 months so that I receive $100 at the end of each month

Is it possible to configure auto payment for CC & ACH in this way ?

Thanks,

John

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    author's profile photo Former Member
    Former Member
    Posted on May 11, 2015 at 03:54 PM

    Hi John,

    First you need to create payment terms and payment terms will be create at client level (T-code: OBB8 and installment Payment Term OBB9) and then you can set this payment term on customer master data or in particular invoice as well.

    For e.g. one customer has 3 invoices.

    you can only put one payment term in customer master data.

    for rest of 2 invoices, you can set the payment terms at the time of invoice creation. VA01- to through VF03.

    1) invoice: due on receipt

    2) invoice: due on 15 days

    3) invoice: due on 30 of the month for 12 installments

    I hope that will help.

    Best Regards,

    Nas

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  • author's profile photo Former Member
    Former Member
    Posted on May 11, 2015 at 02:29 PM

    Hi John,

    The possible solution for CC payment, you can use the installment payment terms and that will split into 12 monthly payments and then every month on due date system will pick the customer automatically from the batch job and charge the customer CC.

    Hope that help.

    Regards,


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  • author's profile photo Former Member
    Former Member
    Posted on May 12, 2015 at 01:51 PM

    Thank you Sir...

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