AUTOMATIC DEBIT TRANSFER title: automatic debit transfer (FI) (SAP Library - Glossary)
AUTOMATIC DEBIT TRANSFER category: Financial Accounting (FI)
AUTOMATIC DEBIT TRANSFER explained:
A payment procedure by which the payer provides the payee with written authorization to debit their account with the appropriate payment amount.
Reference to this authorization must be made on the debits.
By contrast, under the direct debiting procedure, the payer authorizes his or her bank directly.
More terms such as automatic debit transfer in Dictionary A.
- Manual Adjustment Grouping:
- Help identifying a group of employees with common characteristics to determine the adjustment permissions for benefit elections for those employees. The system sorts employees into adjustment groupings automatic debit transfer definition.
- Manual Application Status (BC-JAS):
- Help deployed application lifecycle. The application status determines what operations can be performed with and over the application. The applicaiton status can be changed by a deployment operation automatic debit transfer explain.
- Manual Active Account (FI):
- Help with Orbian. It is used to post: Incoming Orbian Credits, which a company has received from its customers for payment Outgoing Orbian Credits, which a company has used to pay its vendors Any automatic debit transfer what is.
- Manual Account Order:
- Help order for which the following prerequisites apply: The underlying posting problem was caused by a payment item or by a prenote relevant for posting control that resulted in the available balance on automatic debit transfer meaning.
- Manual Automatic Message Generation:
- Help the recipients in a recipient group assigned to a specific set of correction components receive a message stating which entities in the affected correction components have been flagged as possibly automatic debit transfer abbreviation.
