Reduce your Bank Charges by using BACS for Payments and Collections (by DD)
The Direct Debit Module
Direct-entry BACS transmission is acknowledged as the most cost effective way of making and receiving payments. Collecting Direct Debits from your customers ensures guaranteed payment without the hassle and expense of chasing late payers.
The Software holds customers’ Bank Details plus the amount and frequency of each Debit to be collected. It uses its own internal calendar which it updates automatically after each Debit run and can be run as often as necessary without any danger of collecting debits that are not due for payment.
Fixed amount Direct Debits or single variables are collected from the customer receipts entered through the Sage 50 Bank Account. ‘One off’ or Ad Hoc Direct Debits may be collected as required.
POSTING & ALLOCATING
The Software will Post & Allocate back to the Sage 50 Sales Ledger Accounts and Nominal Ledger Accounts for fixed payment debits. Single variable debits and one off debits post and allocate within Sage 50.
Direct Debit Advices
The Software will produce individual Direct Debit Advices to advise each customer of the Direct Debit amount, the date of collection, and the bank account to be debited. Direct Debit Advices need never hit paper. Fax, e- mailed or even SMS text message directly from the PC to your customer- saving even more money on admin time and postage costs.
Please note this product is suitable for Sage 50, 100 and 200.
Contact us on 0845 6434 846 to discuss pricing
