Chapter: 4 - Financial management aspects of vendors and customers with Odoo Accounting

Direct Debit Mandates

The use of Direct Debit Mandates in business operations is one of the advanced tools and terminology of operations. The Direct Debit Mandates will ensure that the customer provides your business with authorization to collect the payment for all future business operations. The Direct Debit Mandates are defined once the customer, as well as the company, have agreed upon a contract or a trust which has been established between them on the aspects of the business operation management.

The Odoo platform supports the aspects of the Direct Debit Mandates management with the help of a dignified menu available under the Customers tab of the Odoo Accounting module. In the menu, you can create new Direct Debit Mandates for the operations in the Odoo platform, in the creation window you can provide the name of the Customer, IBAN (International Bank Account Number) of the customer, Journal, SDD Scheme details, Identifier, Start date, and the End date. Based on the Start Date as well as the End Date the period of operation is defined for the respective Direct Debit Mandates to be operational.

Direct Debit Mandates
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location

Calicut

Cybrosys Technologies Pvt. Ltd.
Neospace, Kinfra Techno Park
Kakkancherry, Calicut
Kerala, India - 673635

location

London

Cybrosys Limited
Alpha House,
100 Borough High Street, London,
SE1 1LB, United Kingdom

location

Kochi

Cybrosys Technologies Pvt. Ltd.
1st Floor, Thapasya Building,
Infopark, Kakkanad,
Kochi, India - 682030.

location

Bangalore

Cybrosys Techno Solutions
The Estate, 8th Floor,
Dickenson Road,
Bangalore, India - 560042

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