Incoming Payments 

Use

The purpose of incoming payments is to assign incoming payment documents to a customer and clear open items from the customer accounts of a lease-out.

When these items are being cleared, they are assigned a document reference number and the clearing date.

Integration

Debit position

The customer open items are generated using the debit position of active lease-outs or other posting procedures.

Account maintenance

You can edit open items, down payments, receivables and any installment payment agreements with Account Maintenance.

Features

You can process incoming payments for the RE component and for cross company code payments with these functions:

· Automatic processing of incoming payments

- Account statement entry

- Bank payment (applies to Germany only)

- Direct debit via payment program

· Post-processing rejected incoming payments for automatic incoming payment (returned direct debits/rejection)

· Manual incoming payment processing with integrated account maintenance

- Manual incoming payment processing

- Fast entry incoming payment processing

- Processing of part payments and remaining items according to the logic used in the Financial Accounting component.

· POR procedure for Switzerland