Payment Method
  • 01 Oct 2024
  • 1 Minute to read
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Payment Method

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Article summary

What is a Payment Method?

  • The Payment Method describes the manner is which this payment was given to your organization.

  • In the Admire Rebuild you can set whether a specific billing method is tax-deductible or not.  This will determine if a receipt or a payment acknowledgement gets generated.

    • Tax-deductible Payment Method = Generate Receipt for the payment

    • Non-deductible Payment Method = Generate Acknowledgement Letter for payment

  • Different credit card billing methods can be set to go through different processors and thereby have the money flow to different accounts.

  • Each Payment Method can be set to a different Payment Type.

    • Payment Type tells Admire what kind of payment this is and how it should be handled in Admire i.e. should it be billed and batched, should it show a check number field etc.  Learn more about Payment Type by clicking here.

    • When creating a new Payment method select it's Type based on how the payments comes in and how Admire should handle them.

Editing a Payment Method

Payment Method Settings

  • Click on the  button to access the Settings screen.

  • Select   from the left sidebar.

Editing a Payment Method

  • Click on the  button on the right of the Payment Method

  • Select  .

  • The Edit Payment Method screen will pop up.

  • Make your changes and select  .

Adding a Billing Method

  • Click on the  button to access the Settings screen.

  • Select   from the left sidebar.

  • Select   from the bottom of the Payment Methods list.

How to Mark a Payment Method Non-Deductible

Admire Tip!

You can create a Payment Method for a DAF and use that to keep track of payment given from this DAF.
The Payment Method can then be marked as non-deductible.
Additionally, the DAF can still be an Entity.

  • Go in the Editing screen of that Payment Method as described above.

  • Uncheck the purple box checked off Deductible.


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