TrulySmall Accounting makes it easy to get paid faster, giving businesses the tools to email invoices with an pay online option. The invoice is sent as soon as you click the Send Email button from the Send Invoice window.
Related article: Invoices
If your account is setup to receive online payments, the invoice will include a Make a Payment button, providing the recipient an easy way to pay by credit card (Visa, Mastercard, or American Express).
Clicking on the Make a Payment button takes them through a series of screens that:
Confirms which invoice they are about to pay
Requests payment address and email details
Requests credit card information and confirms the amount being paid
The payment will be held temporarily in the payment processor's account until the funds are cleared and then transferred to your bank account less the payment processing fees.
Related article: Settings: Invoicing and Payments
You can also send a confirmation that the invoice has been paid in full using the same Send Invoice method.
Note: The option to accept payment by credit card is only available on invoices that are issued in the home currency of your business (CAD or USD). If you create an invoice in a different currency, you will not have the option to accept payment by credit card on that invoice.
How to Deposit Stripe Funds and Record Processing Fees
Depositing funds from your Stripe Clearing account into your bank account is a manual process that can be completed in just a few steps. By following the steps, you can easily transfer funds and record any associated processing fees, ensuring that your TrulySmall records are accurate and up-to-date.
To get started, please follow our guide here.
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