How to: Process an LSV Collection
You can use LSV Journals to create and process payments from Lastschrift Verfahren (LSV+) customers. You can register these payments in the cash receipt journal, create an LSV file, and then print the collection order. For more information, see the Cash Receipt Journal window and How to: Export Payments Using LSV.
When you run the LSV Suggest Collection batch job, each suggested collection is registered on an LSV journal line, and the open invoices are transferred to the LSV journals. For more information, see the LSV Journal table.
You can view, edit, or delete the suggested payment lines. If you correct the suggested amount, then the difference is marked as a discount. You can run the batch job multiple times for different customer groups. The suggestion lines can be placed in the same journal.
To create an LSV collection
In the Search box, enter LSV Journal List, and then choose the related link.
On the Home tab, in the New group, choose New.
In the LSV Journal List window, fill in the required fields as described in the following table.
Field Description LSV Bank Code
Select the LSV bank code for the bank that will perform the collection.
LSV Journal Description
Enter a description for the entry.
Select the required LSV journal entry, and on the Actions tab, in the Functions group, choose LSV Suggest Collection to create the payments to be collected automatically by LSV+.
In the LSV Suggest Collection window, on the Options FastTab, fill in the fields as described in the following table.
Field Description No.
Enter the LSV journal number.
From due date
Specify the starting due date of open entries to be suggested for collection.
To due date
Specify the ending due date of open entries to be suggested for collection.
Collection date
Specify the date on which the collection closes. The LSV+ order must be submitted at least three banking days before the collection date.
Choose the OK button.
All related lines are transferred to the LSV journal. After processing the LSV collection, you can view, check, or edit the suggested payments in the LSV Journal List window. For more information, see the LSV Journal Line table.
To manage suggested payments
In the LSV Journal List window, select the required journal entry.
On the Home tab, in the Process group, select LSV Journal Line.
You can view and modify the suggested payments in this window. You can enter the required payments manually. For new journal lines, the LSV Status field is set to Open to indicate that the invoice is unpaid.
Choose the OK button.
See Also
Tasks
How to: Close an LSV Collection
How to: Post LSV+ Payments
How to: Export Payments Using LSV
Reference
Concepts
Swiss Electronic Payments Using LSV+