Hi - we are planning on using Direct Debit functionality for Customer Orders/Receivables (USA - using ECC6.0). I need some basic infomration about this process. My understanding is that the Payment Program is used to generate the ACH file to the bank (transaction F110). Configuration is done using FBZP.
1. When configuring the Payment Method - I assume that since this is a customer payment we I configure this as an incoming payment? If so what would be the Payment Method Classification?
2. If using the classign payment medium the program would be RFFOUS_T?
3. How are the clearing entries posted to the customer? Do the actual payments come through the Lockbox? If not what is the normal mechanism for clearning of the receivables or of handling the exceptions?
Any help or explanation of the process is appreciated. I do not have a finance background!