SEPA Direct Debits in IS-M

The SAP Media (IS-M) component supports processing of direct debits as part of the Single Euro Payments Area (SEPA) according to legal requirements. The term SEPA in banking describes a europe-wide single payment area for transactions in euros and replaces the collection authorization procedure.

IS-M provides SEPA-specific functions for processing subscription and ad orders and billing.

For example, you can select the payment method SEPA in IS-M orders. If this payment method is selected, the system checks whether a SEPA mandate is available for the corresponding order and whether there is an IBAN in the bank details for the payer before allowing billing using a SEPA direct debit.

Prerequisites

You have made the following settings in Customizing for Financial Accounting (New):

You have activated the SEPA procedure under Accounts Receivable and Accounts Payable Business Transactions Incoming Payments Management of SEPA Mandates General Settings .
You have defined the creditor identification numbers for the paying company codes under Accounts Receivable and Accounts Payable Business Transactions Incoming Payments Automatic Incoming Payments Payment Method/Bank Selection for Payment Program Set Up Paying Company Codes for Payment Transactions .
You have extended the configuration for the payment program under Accounts Receivable and Accounts Payable Business Transactions Incoming Payments Automatic Incoming Payments Payment Method/Bank Selection for Payment Program .

For more information about the settings for the mandates, see SEPA Mandates.

You have made the following settings in Customizing for Media:

You have defined the payment terms under Master Data SAP Business Partner for Media Companies Control Customer Maintain Terms of Payment

or

Master Data SAP Business Partner for Media Companies Business Partner in Advertising Management Media Customer Define Terms of Payment Groups .
You have configured the payment methods for Media Sales and Distribution under Media Sales and Distribution Periodical Sales and Distribution (Subscriptions) Sales Order General Settings Define Payment Methods for Incoming Payments .

If you are using Contract Accounts Receivable and Payable, you have made the following settings in Customizing for Contract Accounts Receivable and Payable:

You have activated the SEPA procedure under Business Transactions Payments Incoming/Outgoing Payment Creation Management of SEPA Mandates General Settings .
You have defined the payment methods under Business Transactions Payments Incoming/Outgoing Payment Creation Define Payment Methods .
You have specified the vendor and defined the payment methods for the company code and the payment medium format under Business Transactions Payments Incoming/Outgoing Payment Creation Define Specifications for Paying Company Code .

Note Note

We recommend activating function IBANONLY in Customizing for Cross-Application Components under Start of the navigation path SAP Business Partner Next navigation step Activation Switch for Functions End of the navigation path . This allows you to process bank details without account numbers. For more information, see SAP Note 1031641.

End of the note.