DIRECT DEBIT

Direct Debit Overview

The Roundhouse Sage 200 Direct Debit module is straightforward and easy to use Add-on for Sage 200 to minimise the work required to process Direct Debits.

The module enables a user to create a variable Direct Debit file for transmission to your bank; post and match the cash transactions for individual customers; and finally make a single posting to Cashbook to aid Bank Reconciliation. The process ensures accurate postings with the minimum of user intervention.

Customer bank details are entered into their Sales Ledger account and the receipt of a valid Direct Debit mandate may be recorded.

The system provides options for:

• Multiple collections per month or once on a fixed date
• The ability to collect all due invoices on a customer account or only those flagged for Direct Debit collection

Direct Debit Processing

Once the ‘expected’ Direct Debit transactions have been selected, the user has the ability to amend the amounts to be debited against any specific invoice or to exclude a transaction completely.

A simple routine enables Direct Debits to be processed, producing a file for uploading to the bank and making relevant postings in Sage 200. The user has the option of previewing the file before processing in order to double check any changes made.

Summary Report

The system provides a Summary report of the Direct Debits being collected as an audit trail.

For further information on this and other Roundhouse Add-ons for Sage 200, please contact Roundhouse.