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" or "Cash"
- Commissions tab is shown when the journal type is "Bank" or "Cash".
- Provider Account is specified per each journal.
- The commision fees can be added fixed cost per transaction, percentage on transaction or both.
- If multi-currency is enabled, the currency of commision fixed fees can be selected.

-
Receive Payments
- Upon registering a payment of type "recieve money" the commision amount will be debited to the provider account.



- Journal Entries: Bank Journal with undefined payment provider account.




- Journal Entries: Bank journal with defined payment provider account but with fees and percentage = 0



- Journal Entries: Bank journal with defined payment provider account, fixed fees = 0.3$ and percentage = 0.



-
Journal Entries:
Bank journal with defined payment provider account, fixed fees = 3$ and percentage = 2%.
- Credit account journal item = 1000$ - (0.3$ + 0.02 * 1000$) = 1000$ - 20.3$ = 979.7$
- Commission item = 0.3$ + 0.02 * 1000$ = 20.3$



Please log in to comment on this module