Payment runs are part of the automation workflow that allow for the automatic collection of payments for due invoices. They are similar to Billing Runs in concept, but for payments. It will apply a payment to all invoices that have a balance due and for the customers that have Auto-Pay enabled with valid electronic payment methods.
When auto-pay is enabled and a valid payment method has been added, payments are automatically processed during Payment Runs.
A payment run can be ad-hoc or scheduled to run immediately after a Billing Run or based on a schedule.
Best Practice: Schedule the Payment Run to trigger as soon as a billing run is Posted when using Due on Receipt payment terms as this triggers Customers with Auto-Pay enabled and processes payments for them.
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