Once a Supplier has received an order with mtCharge, the supplier process payment on the order and get funds in their bank account as soon as the next business day.
What you'll learn
- How to retrieve mtCharge orders within MarketTime
- How to update the status of an mtCharge order as SHIPPED
- How to add shipping information for an mtCharge order
Retrieving an mtCharge Order
Your orders are found on the Orders screen once logged in.
Updating Order Status to SHIPPED
To update the status of an order, you can click on it's status and change to the desired Status.
Processing Payments on orders with mtCharge
For orders using mtCharge, use the "Shipment Transaction" button next to the desired order, as shown below.
Once you have done this, the Shipment Process window will appear, where you can begin to process payments for this order.
Fill out the required fields (including Shipping, Handling, and Misc. charges as needed), and click Process Payment button to save the Invoice, and get paid based on what you entered.
Processing Payments with Net Terms on orders with mtCharge
Similar to the process above, orders with Net Terms via mtCharge on them will have an auto-generated Charge Date based on the Terms selected (30 days from current day for Net 30, 60 days for Net 60, etc.)
Once you click Schedule Payment the card attached to the order will automatically be charged the amounts you've entered in the Order Amount, Shipping, Handling, and Miscellaneous Charges fields.
Additional charges may occur as needed (with the ability to change the Charge Date), and the history of transactions for this order will appear in this window as well:
Your linked bank account will be given the appropriate funds in a timely manner after scheduling or processing payment.
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