Incoming payment method

[Former Member]

Hi gurus,

I want to confirm with you:

By SAP standard are the incoming payment methods meant to deal with payments initiated by the Utility company e.g. direct debit? are there any SAP standard variations to this?

Thanks,

Mario.

[AmlanBanerjee]

Hi Mario,

Payment methods configured in SAP are company initiated payments. However, they can be incoming payments like direct debit as you have stated, as well as the outgoing payments, like refunds to customers.

Direct debit can be bank or via credit cards or can be through payment orders as well.

Refunds can through EFT or Cheques.

Hope it helps..

Thanks,

Amlan