The Single Euro Payments Area (SEPA) is a payment-integration initiative of the European Union for simplification of bank transfers denominated in Euro. SEPA is used in the European Union (EU) countries and in a few countries outside of EU that use Euro. SEPA’s goal was to reduce the costs of doing cross border transactions in the Euro currency. SEPA electronic payment formats were developed for both Accounts Payable (SEPA Credit Transfer) and for Accounts Receivable (SEPA Direct Debit. SEPA was based on subsets of ISO20022 standard.

 

JD Edwards implemented SEPA electronic payments for both Accounts Payable and Accounts Receivable. In order to obtain all the features one needs to apply the ESUs returned by the SEPA query for their release in the Change Assistant tool. For more info on how to install and use the Change Assistant tool please see Frequently Asked Questions For Change Assistant Tool - "How To" Questions (Doc ID 1057524.1).

 

These would be found in the navigation tree under: Search for Packages> JD Edwards > Electronic Software Updates > Localizations.

 

Example:

Packages> JD Edwards > Electronic Software Updates > Localizations >SEPA 9.2.

 

SEPA for Accounts Payable was implemented as a separate Payment Print Program in the existing Automatic Payments process. SEPA for Accounts Receivable was implemented as an automatic debit program in the existing Automatic Debits process. They both make use of Report Definitions.

 

The documentation for SEPA can be found in the localization manuals:

  1. 9.2 JD Edwards EnterpriseOne Applications Localizations for European Reporting and SEPA Processing Implementation Guide.
  2. 9.1 JD Edwards EnterpriseOne Applications Localizations for European Reporting and SEPA Processing Implementation Guide