Credit Card Payment Commissions

by
Odoo

31.46

v 13.0 Third Party 1
Required Apps Invoicing (account)
Technical Name cc_payment_commissions
LicenseAGPL-3
Websitehttp://www.azka.tech
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Required Apps Invoicing (account)
Technical Name cc_payment_commissions
LicenseAGPL-3
Websitehttp://www.azka.tech

Features

  • Calculate commissions based on fixed cost per transaction, percentage on transaction or both.
  • Automatically deduct commission from payment and add debit it to the payment provider account.
  • Support Multi-currency.

Process

  • Configuration: Setup Journal of type “Bank”
    1. Commissions tab is shown when the journal type is "Bank".
    2. Provider Account is specified per each journal.
    3. The commision fees can be added fixed cost per transaction, percentage on transaction or both.
    4. If multi-currency is enabled, the currency of commision fixed fees can be selected.
  • Receive Payments
    1. Upon registering a payment of type "recieve money" the commision amount will be debited to the provider account.
Payment
  • Journal Entries: Bank Journal with undefined payment provider account.
Journal Payment Journal Items
  • Journal Entries: Bank journal with defined payment provider account but with fees and percentage = 0
Journal Payment Journal Items
  • Journal Entries: Bank journal with defined payment provider account, fixed fees = 0.3$ and percentage = 0.
Journal Payment Journal Items
  • Journal Entries: Bank journal with defined payment provider account, fixed fees = 3$ and percentage = 2%.
    1. Credit account journal item = 1000$ - (0.3$ + 0.02 * 1000$) = 1000$ - 20.3$ = 979.7$
    2. Commission item = 0.3$ + 0.02 * 1000$ = 20.3$
Journal Payment Journal Items

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