SEPA with SAP Business One
Single Euro Payments Area
SEPA is the new European standard for electronic payment transfers in EUR and signifies a new step towards harmonization within the European economic area. This also means that by February 1, 2014, all companies are required to implement the necessary technical conversion in accordance with the SEPA Regulation (EU) No. 260/2012 from March 14, 2012. This allows for universal, fully automated processing of the payment process, in which no new data entries or manual intervention is required. There are no exceptions planned for German companies.
For this reason, you must implement the following changes to your SAP Business One system
- Definition of new payment methods for the SEPA format
- Updates of the newly defined payment methods in the business partner master data
- Adjustment of marketing formulas
The SEPA 5 to 12 Checklist gives you a detailed overview of the changes required for your SAP Business One system.
Fast Implementation Packages (FIPs)
In order to support you and your company during the required SEPA conversion, UNIORG has developed Fast Implementation Packages (FIPs). These FIPs are used for automated support during system data maintenance and replace the otherwise required, time-intensive manual data maintenance that would be done by your employees.
You can find more detailed information about the FIPs we offer in this brochure.