SEPA Direct Debit

With 365 business Banking you collect SEPA direct debits based on your mandates directly from Business Central and submit them to the bank.

Business Value

The SEPA direct debit scheme enables companies to collect due receivables automatically from their customers' accounts. Through the direct integration into Microsoft Dynamics 365 Business Central, direct debits are initiated without media breaks, submitted to the bank and tracked in the ERP system.

Feature Description

The recommended route is the Cash Receipt Journal. There, you suggest due direct debits, carry them out through the connected bank connection and post the payment receipt. They are based on the stored SEPA direct debit mandates. The route through the standard Direct Debit Collections is also available. Returned direct debits are processed in the payment reconciliation journal.

Details: Direct debit and payment collection