Paying Statements in TapGoods
When an AR Company pays for an Order under a Credit Term, business owners will seek payment via a Statement. Statements are sent to the Company Contact to collect Payment based on the Payment Terms agreed on with the Company. Once it is time for a Company to make Payment on Orders that are paid for using Credit Terms, you can accept Payment on Statements.
Statements are located in Payment Terms, which can be found under the Admin panel of the TapGoods PRO dashboard.
On the Statements page, follow the steps listed below to accept Payment on a Statement.
Go to the Statements page and select the statement you want to apply a payment to.
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Click Make Statement Payment.
Select the checkbox next to the Orders you want the money paid in this transaction to go toward.
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Choose how you want to calculate the amount due:
Pay Selected Amount lets you choose which orders to apply the payment to if the statement contains multiple orders.
Pay in Full pays the remaining balance.
Custom Amount allows you to enter a specific payment amount.
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Select a payment method: Cash, Check, or Credit Card.
If you choose Credit Card, enter the billing and card information.
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Click Submit Payment.
After submitting:
Partial payments appear in the Payments section of the statement.
Once a statement is paid in full and has a balance of $0.00, it moves from Active Statements to Archived Statements.