Auto add on processing fees to invoice
When a client chooses to pay an invoice via credit card, auto add the processing fees to the invoice
Emory Shelnutt
shared this idea
-
Bernard Wilson
commented
Has there been any more movement on this. XERO offers this and it's only reason why we haven't switched across to Zoho Books.
This is particularly important to businesses who sell higher ticket items.
Say for example we are dealing with a $1000 product. A merchants fee will be around the $25-30. When you consider that the profit margin may only be 10% of the total product, then the merchant fees equal about 25% of your profit.
This feature needs to be integrated. As a first step, perhaps just allow a set nominated percentage of all merchant sales to be added on. Then on future feature enhancements you could look at making the merchant fees to be exact.
-
Anonymous
commented
Yes, please make this an option for when a client chooses to pay by credit card!