Can you process Direct Debits like Credit Cards in Reckon Accounts?

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Kerry_Johnson
Kerry_Johnson Member Posts: 17 ✭✭
edited September 2018 in Reckon Accounts (Desktop)
Client operates childcare services and wants to set up an automatic Direct Debit for the parents. (I'm assuming the amount may not be consistent and is dependent upon services delivered during a given period)

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  • Mirko
    Mirko Alumni Posts: 1,256 ✭✭
    edited September 2018
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    Hey Kerry,

    Welcome to the Reckon Community, and thank you for your though provoking questions.

    Let me clarify this, your client would like to physically debit the accounts of their customers for childcare fees?

    If this is the case, as direct debits are a bank function, the way I understand it is, it would need be arranged either with the banks or through a direct debit provider with customers consent. And then it would be replicated with entries in Reckon Accounts, with Reckon Accounts 2014 live bank feed feature, those transactions would feed automatically into the Banking Centre on RA2014.

    As a Accounting Package, we are unable to make debit transactions; we are though, able to process Credit Card payments as you have mentioned above.

    Hope this helps!

    Thanks,
    Mirko
  • cosmic
    cosmic Reckon Developer Partner Posts: 1,075 ✭✭✭
    edited December 2016
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    hello, this is chandra , from Automated Receipts.com, i nSydney
    we have already have a in house solution using desktop reckon accounts with our application. this application does direct debit for all your members automatically all in one bulk , will create bank file and then you upload to your bank.
    the banl will charge you about .25 cent per each transcations compared to giving to oustside providers , they charge .88 cent to 1.45cent. And all integration done in Reckon accounts automatically.we are also Reckon Professional partners  for last 18 years or so. please call us on 0407068942 of email on chandra@cosmicaccountingroup.com.au. www.automatedreceipts.com
    office:02 95411338

    Cosmic Accounting Group

    Accountants and Tax Agents 22397009