1. Localizations for European Reporting and SEPA Processing Implementation Guide
  2. Understanding the XML File for Draft Remittance for SEPA Direct Debits

Understanding the XML File for Draft Remittance for SEPA Direct Debits

You remit or deposit drafts to the bank so that the bank can collect the funds from the customer's bank. You use the Draft Remittance program (R03B672) to generate the XML file for collecting the SEPA direct debits during the draft remittance process.

You use the R03B672 program to generate the R743007 and R743007A extractor reports from the F03B672 table. You can either generate a single XML file for all of the mandate sequence types or multiple XML files for each mandate sequence type to report SEPA direct debits during the draft remittance process. You specify the XML file format in the Paper/Tape tab of the processing options for the R03B672 program.

Specify one of these formats for electronic accounts receivable draft remittance for SEPA direct debits:

  • R743007: SEPA Direct Debit Single XML Draft Remittance Format

  • R743007A: SEPA Direct Debit Multiple XML Draft Remittance Format

When you run the R03B672 program, the system validates the data sent to the XML file. If any of the mandatory information is missing, the R03B672 program terminates in error and reports the error in the PDF file. If there is a validation error, the system generates a blank XML file or files.

Note: When you run the R03B672 program, the system performs the SEPA validations only if you set the value of the Paper/Tape Remittance Program processing option as R743007 or R743007A.
Note: If there are multiple drafts and the system runs into a validation error with one of the drafts when you run the R03B672 program, the system processes only the drafts that have passed the validation process. For example, if there are 10 drafts, and the R03B672 program runs into a validation error while processing the sixth draft, the system processes the draft remittance for the first five drafts only and generates blank XML files for the remaining five drafts.
Note: The validations for draft remittance for SEPA direct debits are the same as the validations for the standard direct debit process.