direct debit

[Former Member]

hi,

1) what is direct debit?

2) what tcode to do direct debit?

3) apply direct debit in which module? GL, AP or AR or bank all.

thanks

[Former Member]

HI,

1) what is direct debit?

Direct debit is a payment method that allows an organisation to instruct their bank to collect varying amounts directly from customers' accounts.

There are generally two ways to set up a direct debit: One method requires the customer to instruct his or her bank to honour debit notes from the organisation, the other one just requires the customer to give an authorisation to the organisation making the collections.

2) what tcode to do direct debit?

As mentioned above it is an instruction to the bank and not any transaction. Bank will reflect the collections made on you behalf in the monthly statement, and based on which the collection entries are passed in SAP wither through EBS of MBS. Hence no seperate T-Code in SAP.

3) apply direct debit in which module? GL, AP or AR or bank all

Bank and AR

Thanks

VK

[suma_nalluri]

Hi ,

Directly debiting the ammounts for a particular gl accounts thts wht ur question is.If this would be the question u can dierectly do it through Tc code: Fb50 by selecting debit or credit.like tht A/R&A/P also u can do.

Regards,

suma.

[Former Member]

Hi,

where did u find this word. Can you give the context or scenario?

VK