Bailment Dealer Details | Accounts | Direct Debit Tab

Purpose

Records all information related to a Dealers direct debits.

Unposted Direct Debits may be edited or changed from this dialog.

View | Bailment Dealers | Bailment Dealer Details | Accounts Tab | Direct Debits Tab

The dialog is split to two sections:

Future Direct Debits – records the dates, amounts and statuses of the direct debits, and allows these to be searched
Dealer Direct Debit Details – records the bank details and next direct debit details for the dealer

This section allows for Direct Debits to be searched

Field	Explanation
Date Range	Enter the date range to be searched Defaults to todays date, but may be overtyped with an earlier date
Unposted Only	Uncheck this is posted direct debits are to be searched

[Button]	Explanation
	Displays the direct debits that match the entered search criteria
	Exports the direct debits in the results grid to create an excel spreadsheet

This section allows for Direct Debits to be searched

Field	Explanation
Date	A header line with the date and Total Direct Debit amount due on that date will display Individual direct debits making up this total my be selected and edited or deleted
Amount	Displays the amount of the individual direct debit(s) to be taken on that date
Status	There are three possible statuses: New - The Direct Debit may be edited or deleted using the function buttons Created - The Direct Debit may be edited or deleted, but as it has been included in the Next Direct Debit amount, the process must be run prior to saving the account Posted - The Direct Debit has been posted to the bank and can no longer be changed
Invoice	When a Direct Debit record has been created for an interest, fees or asset sales invoice, the invoice number will be displayed here

Field	Explanation
Bank Account	The bank account the Bailment Dealer will be Direct Debited from
Suspend Direct Debit	Check on if the Bailment Dealer should not be Direct Debited for a period of time
Direct Debit if Zero Balance	Check on if a Direct debit should still be taken when the account has a 0.00 Future and Current Balance
Do Not Allow Curtailment Direct Debits	Check on if Curtailment Direct Debits should not be taken for this Dealer
Next Direct Debit Date	Updated when the Create Direct Debit process is run and displays the date of the Next Direct Debit The date is cleared when the Post Direct Debits process is run
Next Direct Debit Amount	Updated when the Create Direct Debit process is run, and will be the total of the direct debit records for the specified date The amount is cleared following the Post Direct Debits being completed

[Button]	Explanation
	Runs the Create Direct Debit process for the selected Bailment Dealer only Must be used if a direct debit record with a status of ‘created’ is edited or deleted to update the date and amount to the correct values The following dialog is presented: The Direct Debit date should be entered and clicked to update the Next Direct Debit Amount and Date

Related Articles
Bailment Accounts PPFC Processing
Purpose During manual Bailment Account creation, charge a PPFC (Prepaid Finance Charge) to the Dealer account based on established PPFC rules for the selected distributor. Access Bailment Dealer | Accounts Tab | Process When a distributor with a PPFC ...
Create Bailment Direct Debits
Purpose Processes the entries to the Bailment Dealer Direct Debit record for the specified date, so that the Bailment Dealer Next Direct Debit Date and Amount are updated for posting. Direct Debits are only created for Dealers with a Bank Account ...
Distributor Account Details
Purpose Distributors are the manufacturers or suppliers of goods that a Bailment Dealer is selling through a floor plan finance arrangement. A Distributor Account must exist so the Distributor interest and ES rebates may be charged, and assets ...
Bailment Dealer Details - Associated Parties Tab
Purpose Associated Parties is a mechanism for recording: Guarantors associated with the Bailment Dealer Amalgamation client An amalgamation client is a head client that Bailment Dealers are associated to. Amalgamation clients are often a group head ...
Post Direct Debit Details
Purpose Creates the Direct Debit batches in the Cashbook which are then imported directly into your Banking software, so that these entries do not need to be entered manually. Timing Posting of Direct Debits needs to be done daily, following the ...