Customer and Supplier Payment Collection Details

Direct Debit Indicator

The Direct Debit option must be set in Customers (CUS) to request the collection of receipts from an account. This must be set to collect payments automatically.

Immediate Settlement Indicator

You can set the Immediate Settlement option on a supplier or customer to ignore the due date on unsettled transactions to pay or settle the transactions on the account immediately.

This option only applies when the Payment Basis in Payment Profiles (PYP) is set to Due Date or Allocation Marker and Due Date. If the payment basis is set to Force or Allocation Marker Only, the due date is ignored, regardless of the setting in the Immediate Settlement field.