AccTech Debit Clearing

AccTech Systems Development
Many of our customers require one-of-a-kind application solutions and system integration to meet specific business requirements. The development of applications and interfaces can be fraught with complexity if not precisely approached. Using the latest technology an experienced AccTech Development team develops and modifies business applications within a formal, well managed, documented and quality framework.

AccTech Debit Clearing

The Debit clearing module is used to retrieve and collate outstanding, payable invoices recorded in Accounts Receivable. A receipt batch is generated in Accounts Receivable, for the selected invoices and a Debit Order data file is created which is then exported to your bank as a debit order instruction. Your Bank subsequently instructs your Customer’s Banks, which extract the payments from the customer’s accounts and subsequently pay the value into your designated Bank account.

The Invoice processing creates the following:

  • A Debit Order Data file which is sent to Your Bank for processing of the payments. This process can be run for different banks used by your company and each bank will have a separate Debit Order Data file.
  • A receipts batch in Accpac AR