Payment By Statement

Payment By Statement enhances Electronic Payment Processing to provide the ability to charge customer credit cards based on a statement balance each month and charge either the customer card or the Parent (National Account) credit card.

  • Ability to select customers to pay by the day of the month
  • Customers pay by statement balance each month
  • Ability to see individual invoices to be paid for each customer
  • Process credit cards on National Accounts by parent customer or child customers
  • After the credit card has been charged, cash receipts are created and are automatically applied to invoices
  • Supports automated customer payments using a scheduler that applies payments when they are due