Link your GoCardless account/s to a company in Dynamics 365 Business Central
Each company in Business Central can be linked to one or more GoCardless accounts to enable the generation of payment requests via TAPP and the processing of payouts directly in Business Central.
Data Migration for Customers
Import existing customers in your GoCardless Account to Business Central to issue payment requests to already existing customers
Data Migration for Direct Debit Mandates
Import existing Direct Debit Mandates of your customers in your GoCardless Account to Business Central to issue payment requests to already existing customers using their direct debit mandates.
Customer Reconciliation
GoCardless Customers can be reconciled with Business Central customers to maintain customer data in sync in both platforms.
Direct Debit Mandates Reconciliation
GoCardless Direct Debit Mandates can be reconciled and imported within Business Central to enable the selection of an already existing mandate when issuing a payment request.
Customer Onboarding
Onboard your new customers on GoCardless and trigger the creation of a new direct debit mandate via Business Central.
GoCardless Merchant Bank Accounts Reconciliation
Your GoCardless Bank Accounts can be reconciled within Business Central Banks to maintain bank data in sync in both platforms.
GoCardless Merchant Tax Rates Reconciliation
Reconcile your merchants’ GoCardless Tax Rates with your Business Central VAT Product Posting Groups for tax processing.
GoCardless Merchant Schemes Reconciliation
Reconcile your merchants’ enabled schemes in Business Central to generate billing and payment requests.
Currency Mapping
Map your Business Central currencies with GoCardless currencies to ensure compatibility when issuing billing and payment requests.
GoCardless Account Selection (Sales Documents)
Decide which GoCardless Account to issue the payment request from
Issue Instant Bank Payment Requests
Issue a straightforward transaction where a customer is charged a single amount for goods or services using an instant bank payment.
Issue Billing Requests (request for payment) enabled for Direct Debit for new customers
Issue Billing Requests with Instant Bank Pay (IBP) + Direct Debit Mandate (DDM), to collect an instant payment while simultaneously setting up a Direct Debit Mandate for future transactions. This ensures immediate settlement of the first payment and seamless automation of recurring payments.
Issue Payment Requests enabled for Direct Debit for already existing customers with already existing mandates
Collect a payment from an already existing mandate of an already existing customer.
Generate billing/payment requests to customers from both invoices and orders
When a sales order or an invoice is created for a customer in Business Central, this can be enabled for either IBP Request or DDM processing which will in turn process the payment in GoCardless automatically.
Issue a payment request with a pre-defined Charge Date
Assign a payment day to customers and issue a payment request with a pre-defined Charge Date when the payment should be processed
Retry Payment Request
Retry a failed payment request using the same or a different Direct Debit Mandate.
Success+
Any GoCardless payment generated from TAPP can benefit from the artificial intelligence capabilities of GoCardless Success+. Success+ uses payment intelligence to manage and reduce payment failures. Recover, on average, 70% of failed payments. Failed payments are a concern for every business. Customers can unintentionally churn when their payments fail and 11-15% of uncollected funds turn into bad debt. Although not all customers are unwilling to pay, complex and manual collections processes give every customer the same payment recovery experience. Success+ intelligently manages your late payments. Automatically collecting 70% of failed payments on the day best suited to your customers. Creating a smoother experience for them and better cash flow for you.
Cancel a Payment Request
Cancel a payment request to stop it from being processed.
Payments Reconciliation
Reconcile and view GoCardless payments directly within Business Central for seamless payment tracking and management.
Billing Request Reconciliation
Reconcile and view GoCardless billing requests directly within Business Central for seamless billing request tracking and management
Re-generate expired billing requests
Re-issue a new billing request URL after the 7-day expiration period.
Receive payouts automatically from GoCardless in Dynamics 365 Business Central
Payouts are received in Business Central including all the related payments, fees and taxes if applicable.
Process Customer payment receipts
Automatically process customer payments via Business Central’s Cash Receipt Journal to reflect the payment in both the Customer Ledger and the Chart of Accounts including any fees incurred as expenses.
Process GoCardless Fees as purchases
Process any GoCardless Fees and taxes incurred as expenses via the purchase journal to reflect the fees invoice received by GoCardless.
Process GoCardless Fees payments
Process any GoCardless Fees and taxes incurred via the payment journal to reflect the deduction of the fees and the settlement of those fees with GoCardless.
Issue DD Payment from an already posted invoice
Posted Sales Invoices that were not previously set up for TAPP processing can be enabled for TAPP processing.
Issue Payment Refunds
A payment previously generated through the posting of an invoice, can be refunded by issuing a GoCardless Refund through the creation of a Sales Credit Memo or the correction/cancellation of a Posted Sales Invoice.
Issue Mandate Refunds
Issue an open refund to a customer on a mandate i.e. a refund not necessarily linked to a payment.
Refund Reconciliation
Reconcile and view GoCardless refunds directly within Business Central for seamless refund tracking and management.
Process Refunds
Automatically process customer refunds via Business Central’s Cash Receipt Journal to reflect the refund in both the Customer Ledger and the Chart of Accounts.
Process Payments Charged Back
Process Payments Charged Back line items in payouts to reflect the corresponding financial impact on the customer account and ensure accurate reconciliation of GoCardless transactions.
Migrate GoCardless Subscriptions
Migrate existing GoCardless subscriptions into Dynamics 365 Business Central, including their associated upcoming payments, to ensure they are properly aligned with invoices that will be generated and processed through TAPP to ensure continuity in scheduled payment collection. It is highly recommended to migrate any subscriptions previously created directly on the GoCardless portal. For more information go to this article.