Settlement Method

2.Settlement Method Listing: Create Settlement Method>Edit

2.1. Please click the ‘+’ button to Create a new Settlement Method.

Please fill up the compulsory (*) information for creating the settlement method. After filled up all Compulsory (*) information, Please click ‘Save’ to add a new Settlement method. Compulsory information:

• Code

• Name

• Cashbook - Configured in Cashbook Module

2.2. After adding the Settlement method, it will be listed in the main page. Please click on the settlement method to edit it. 

You can edit the details, charges, tax and payment provider error codes of the settlement method.

1.2.1. In details tab, the following information can be edited:

• Sort Code

• Code

• Name

• Cashbook - Configured in Cashbook Module

• Label 

  • Please click ‘+” button to add new label

    • Code

    • Name

    • Nested Under - Can be Edited from the label field

• Please click the ‘Edit’ button to add or edit labels.

  • Please click ‘+” button to add new label

  • Please click on the listed label to update or remove the label.

• Payment Provider/Bank name

• Select the settlement type

• Status

Please click the ‘save’ button to update the changes.

You can click the ‘delete’ button to remove the settlement method from the settlement method  listing.

1.2.2. In the Charges tab, you can add any charges to the settlement method. The following information can be edited:

• Bank Charges

  • Mode - Ratio or Absolute

  • Rate

  • Min Limit

  • Max Limit

  • Absolute Value

• Surcharge to customer

  • Mode - Ratio or Absolute

  • Rate

  • Rounding Precision

  • Absolute Value

  • Item Code - Configured in Doc item Maintenance Applet

Please click the ‘save’ button to update the changes.

You can click the ‘delete’ button to remove the Charges from the settlement method.

1.2.3. In the tax tab, you can add tax type and rate to the settlement method. There are two method you need to select:

• Tax on charges 

  • Tax Code - Configured in Tax configuration Applet

  • Tax Rate

• WTH on charges

  • Tax Code - Configured in Tax configuration Applet

  • Tax Rate

Please click the ‘save’ button to update the changes.

You can click the ‘delete’ button to remove the tax from the settlement method.

1.2.4. In the payment provider error codes tab, Please click on the ‘+’ button to add errors to the settlement method.

• Code

• Description

• Remarks

Please click the ‘Add’ button to add the error or click the ‘Cancel’ button to cancel the updating of error.