One of the more sophisticated tools and terms of operations is the use of Direct Debit Mandates in business operations. The Direct Debit Mandates will make sure that the client gives your company permission to obtain payment for all upcoming business operations.
Once the consumer and the business have agreed to a contract or a trust that has been established between them regarding the components of the administration of the business operation, the direct debit mandates are determined.
The Customers tab of the Odoo Accounting module contains a suitable menu that the Odoo platform uses to enable the management of Direct Debit Mandates. For operations on the Odoo platform, you may create new Direct Debit Mandates from the menu. In the creation window, you can enter the customer's name, IBAN (international bank account number), journal, SDD Scheme information, Identifier, Start date, and End date. The duration of operation for each of the applicable Direct Debit Mandates is established based on the Start Date and the End Date.
