Cumulative Payments

Fees associated with international bank transfers can make small transfers impractical. Cumulative payments are used to minimize these expenses by combining several credit note payments into one transaction.

The following is a list of clients with outstanding account balances with you.

Accumulation of remuneration:
Set the minimum amount to the threshold at which payments should be made and then mark the check boxes in the "Collect" column. The settings must be applied individually for each customer.

Finalize all setting changes by clicking on "Save."

Request payment for credit notes:
Activate the "Request payment" control box if you would like to submit a request for payment even if the minimum amount has not been reached.

Terminate credit note collection:
Deactivate the "Collect" control box. Once the setting has been saved, "Request payment" is then automatically activated and the minimum threshold is no longer shown. New credit notes are no longer pooled together and any credit notes collected to date will be paid.

Note:
Clients may pay credit notes at any time, even if the minimum amount has not yet been reached.