Activate SEPA Payments

To submit vendor payments electronically in Single Euro Payments Area (SEPA) ISO 20022 payment format, you must set up prerequisites for enabling SEPA payments.

In the following procedures, the first four describe how to enable SEPA payments, and the remaining two relate to the individual vendors.

To enable countries/regions for SEPA

  1. Choose the Search for Page or Report icon, enter Countries/Regions, and then choose the related link.
  2. Choose the Edit List action.
  3. Select the SEPA Allowed check box for each country or region that you want to enable for SEPA.
  4. Choose the OK button.

To enable bank accounts for SEPA

  1. Choose the Search for Page or Report icon, enter Bank Accounts, and then choose the related link.

  2. Select the bank account that you want to enable for SEPA, and then choose the Edit action.

  3. On the General FastTab, in the Country/Region Code field, select the appropriate code.

    Note

    The specified country/region code must be enabled for SEPA as described in the previous procedure.

  4. Enter a value in the Min. Balance field.

  5. On the Transfer FastTab, in the SWIFT Code field, enter a code.

  6. Choose the OK button.

To set up a SEPA ISO 20022 export protocol

  1. Choose the Search for Page or Report icon, enter Export Protocols, and then choose the related link.

  2. On the Export Protocols page, choose the New action.

  3. Fill in the fields as described in the following table.

    Field Description
    Code Sets the export protocol code, such as SEPA ISO20022.
    Description Provides the description for the export protocol.
    Check ID Sets the ID for the codeunit to check payment, such as 11000010.
    Check Name Sets the name of the codeunit.
    Export Protocol Type Specifies the type of the export protocol:

    - Report
    - XMLPort
    Export ID Sets the ID for the batch job to export payment, such as 11000011.

    If you select XMLPort as your export protocol type, then choose an ID such as 1000.
    Export Name The name of the batch job.
    Docket ID Sets the ID for the batch job to inform the contact on combined payments, such as 11000004.

    This does not apply to XMLPort protocol types.
    Docket Name The name of the docket report.
    Default File Names Sets the location to export payment and collection data.
  4. Choose the OK button.

To enable transaction modes for SEPA

  1. Choose the Search for Page or Report icon, enter Transaction Modes, and then choose the related link.
  2. Select the transaction mode that you want to enable for SEPA, and then choose the Edit action.
  3. On the Transaction Mode Card page, on the Paym. Proposal FastTab, in the Export Protocol field, select the SEPA export protocol that you have created, such as SEPA ISO20022.
  4. Choose the OK button.

To verify vendor payment transaction modes for SEPA

  1. Choose the Search for Page or Report icon, enter Vendors, and then choose the related link.
  2. Select the vendor that you want to verify the transaction mode for, and then choose the View action.
  3. On the Payments FastTab, in the Transaction Mode Code field, verify that the vendor payment transaction mode is one that has been enabled for SEPA.
  4. Choose the OK button.

To set up vendor bank accounts for SEPA

  1. Choose the Search for Page or Report icon, enter Vendors, and then choose the related link.
  2. Select the relevant vendor, and then choose the Bank Accounts action.
  3. Select the vendor bank account to set up for SEPA, and then choose the Edit action.
  4. On the Transfer FastTab, in the IBAN and SWIFT Code fields, enter the international bank identifier code of the bank where the vendor has the account.
  5. Choose the OK button.

See Also

Single EURO Payments Area (SEPA)
Submit Vendor Payments Electronically in SEPA ISO 20022 Payment Format