As you learned in our article on mapping country-specific requirements in NAV, NAV supports you in managing your processes at several locations or for customers in several countries. The quick to implement and easy to use
business solution can be optimized with an additional module, especially for customers or suppliers in Switzerland.
The OPplus module "Payment Transactions" covers international formats such as SEPA, ISO Payment, MT101 and MT103. In addition, this module also takes into account the special features of Switzerland and maps these in Dynamics NAV with the MT104 "Swiss payment transactions" function.
The following list shows which payment formats are covered by the OPplus module in accordance with the Swiss conditions.
The old payment formats TA 827, TA 826, TA 830, CH-IBAN and the PostFinance direct debit procedure and banks are taken into account, as well as the new ISO formats for payments in euros, Swiss francs and the foreign currencies CH-ISO CHF, CH-ISO EUR, CH-ISO FCY.
You can get an overview of the main functions in the summary:
- Creation of cross-format payment proposals with accompanying documents in common payment formats, such as SEPA credit transfer and SEPA direct debit
- Mapping international payments with the ISO payment method
- Recording of 'one-off payments' for mapping various creditors, for example
- Debtor or creditor management of various bank accounts
- Creation of a payment without a posted document
- Distribution of the total payment amount to several client banks
- Recognition of the assigned bank details in the payment proposal and the option to change them if required
Swiss payment transactions are being fully harmonized against the background of the Swiss credit transfer and direct debit procedures of banks and PostFinance and standardized on the basis of the internationally recognized ISO 20022 standard. With the OPplus module, you are ideally prepared and positioned for this, as the necessary changes have been implemented accordingly in the Swiss payment transactions module. You can already carry out the PostFinance direct debit procedure in OPplus in the payment formats for collection in Swiss francs and in euros in ISO format.
As shown, as an internationally active company, you can use various payment methods with the OPplus module. Payment methods for other countries are also available. In addition to the extension for foreign payment transactions in the German banking system and the Swiss requirements for payment transactions, payment formats are also available for Austria, the United Kingdom and the Netherlands.
The prerequisite for these payment formats is the "Payment transactions" module of OPplus, which we have presented in previous issues.
The module can be seamlessly and quickly integrated into your NAV system's financial management application area.
Would you like to use the "Swiss payment transactions" add-on module or are you interested in other very helpful functions for mapping your country-specific requirements?
Get in touch with us! Our consultants will be happy to support you with the implementation or answer any initial questions you may have.
Phone: +49 (89) 21 111 848
E-Mail: vertrieb@br-ag.com
