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Set up Direct Debit Receipt Classes and Methods

To set up Direct Debit Receipt Classes and Methods:

1. Navigate to the Define Receipt Classes window (Setup > Receipts > Receipt Class).

2. Enter the following values in these fields:

Name
Direct Debit
Creation Method
Automatic
Require Confirmation
No
Notes Receivable
No
Remittance Method
Standard and Factoring
Clearance Method
Directly
3. Navigate to the Payment Method region.

4. Enter the following values in these fields:

Name
Direct Debit
Printed Name
Direct Debit
Number of Receipts Rule
One Per Customer
Lead Days
10
Receipt Maturity Date Rule
Earliest
Automatic Print Program
Print Receipts Program
Effective Date
<DD-MON-YYYY>
5. Ensure that your System Administrator has set up the following profile options for your Receivables responsibility:

JG: Application Short Name
AR
JG: Country Code
DE
JG: Product Code
JE
See the Oracle Financials Regional Installation Manual for more information.

6. Create a customer bank account that you will remit your receipts to (Setup > Receipts > Bank).

Enter the Direct Debit Authorization Code in the Additional Bank Information globalization flexfield.

Valid values are:

ger90000.gif 04 - Direct debiting procedure

ger90000.gif 05 - Bank collection procedure

7. Assign this bank account to your customer.

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