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Author's profile photo Siva Reddy

Vendor Direct Debit

Hello All,

I took some time to prepare step by step document for Vendor Direct Debit scenario, how to achieve using EBS and Search String functionality in SAP. I am sure this post is informative and help you achieve it quickly.

There may be blogs and posts relevant to this topic but you might not find complete setup. This blog will help you how to do the configuration of EBS and Search String specific to vendor direct debit scenario, which includes screenshots of step by step configuration and sample MT940 statement with real time example with detailed explanation.

Also you can achieve this in two different ways and it’s explained with accounting documents how to achieve through EBS and Search String function.

Please comment, if you have any question or clarifications and additionally you can use below link to post your Q&A.

https://answers.sap.com/tags/506578197626473234529624753618175

Conclusion: Finally you would be able to complete vendor direct debit scenario. You would be creating an open item with Vendor account and post the payment to main bank account. Refer to below accounting documents shown the screenshots at the end.

 

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Thanks,

Siva Reddy

 

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      3 Comments
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      Author's profile photo Denis Ermilov
      Denis Ermilov

      Hi, but how do you define which vendor to choose? it might be money from any vendor

      Author's profile photo Siva Reddy
      Siva Reddy
      Blog Post Author

      Hello Denis,

      Business team is already aware about the transaction / from which vendor the money is received. To identify the vendor there should be a unique reference in bank statement like "SALARI" which is highlighted in bank statement screenshot above. Based on unique reference the search string is created with vendor number so that that particular vendor will be picked when the statement is uploaded.

      Hope this clarifies your question. Please feel free to revert if this doesn't answer you question. I will try to explain with best of my knowledge.

       

      Thanks,

      Siva Reddy

      Author's profile photo lakshmipathi gandupalli
      lakshmipathi gandupalli

      Hi Siva,

      This is Lakshmipathi,

      I appreciate your efforts on direct debit process in vendor point of view. Actually, It was nice explanation.

      But I have a query with Direct Deposit for Customer? If possible could you please explain step by step process. It would be grate.

       

      Thanks in advance!

       

      Regards,

      Lakshmipathi Gandupalli