Direct Debit

[Elizabeth Dodd]

On Tue, 13 Jul 2010, Pelle Nilsson wrote:
> Hi!
> 
> We are in need for a new accounting software for a small organization
> that makes frequent use of a bank service known in Sweden as
> "auto-giro". According to Wikipedia, this translates as "Direct Debit",
> "pre-authorized debit (PAD)" or "pre-authorized payment (PAP)". The
> service makes it possible to set up once-per-month transactions from
> customers to our account, so that a fixed sum is transferred each month.
> To set up this for a new customer, a permit from the customer is needed
> (I don't know if "permit" is the correct formal word in english), and
> the accounting software needs to be able to produce files containing
> such permits to the bank. I would like to know if GNUCash can handle
> this before we start learning it.
> 
> /Pelle
> 

The short answer is no
others will chime in with the explanation