Applying specific charges to various payment methods helps account for additional costs associated with each method. This setting allows you to define these charges as a percentage and assign a nominal code, streamlining your financial tracking and ensuring accurate accounting.
View Setting
➡️ Profile Icon > Settings > Invoicing > Payment Charges > View
Setting Up Payment Charges
➡️ Payment charges
Choose Payment Method
Select the payment type you want to apply charges to from the available options:
BACS
Debit Card
Credit Card
Cheque
Cash
Direct Debit
Set Percentage Charge
Enter the percentage rate to apply for the selected payment method.
Assign Nominal Code
Choose the appropriate Nominal Code for this payment method.
Click Save.