Payment Methods
Payment Methods
are self explanatory in name - methods you accept or spend money when creating Payments
and Expenses
. Below is a summary of the fields available when modifying Payment Methods
, and their purpose.
-
Surcharge Type
-
Fixed
surcharges are a fixed currency amount, eg. $2 added to the total each time a payment using this method is made -
Percentage
surcharges are calculated from the amount of the payment made using this method, e.g. %5 surcharge of a $5 payment is $0.25 - If there is no surcharge, it must be set to 0
-
- Be aware! Surcharges are not applied to purchases or expenses, purchase totalling functions will ignore them!
-
Open Cash Drawer
defines whether the cash drawer will be opened via theDefault Receipt Printer
forTerminal
in use when a receipt involving thisPayment Method
is printed -
Affect Float
defines whetherPayments
orExpenses
made using thisPayment Method
affect the total value of theFloat
for theTerminal
in use -
Affect Bank
defines whetherPayments
orExpenses
made using thePayment Method
affect the total value of theBank Account
selected. ABank Account
must be selected from theSearch Bank Accounts
autocomplete field below theAffect Bank
toggle -
Hide on Sales
/Hide on Purchases
will hide thePayment Method
on theSales
andPurchases
panels, as well as forPayments
andExpenses
- In the predefined 'Easy Reports', customer payments to create credit appears with the line 'FOR CREDIT' - we recommend making sure that if you have a Credit Card payment method it's named as such, rather than just calling it 'Credit' or similar, to avoid confusion