- 01 Oct 2024
- 1 Minute to read
- Print
- DarkLight
- PDF
Payment Method
- Updated on 01 Oct 2024
- 1 Minute to read
- Print
- DarkLight
- PDF
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.