Create Payment Direct Debiting/Customer Repayment

Explanation

The Create Payment Direct Debiting/Customer Repayment activity is used for creating payments within the system from an acknowledged direct debiting. This results in payments being created for included invoices and a voucher being created in the hold table in IFS/Accounting Rules pending updating to the general ledger.

Prerequisites

This activity requires that the direct debiting is confirmed, i.e., the Acknowledged option is checked in Acknowledge Direct Debiting.

System Effects

As a result of this entry, payments and vouchers are created. One voucher per date is created for all lines selected. Invoices are posted as paid and cash accounts affected.