Payments That Reconcile Themselves
A gateway that takes money is half the job. The half that matters at month end is whether the figure in the books is what actually landed in the account, after the charge.
How it works
How a payment reaches the books
Methods with their own accounts
Every payment method is typed as cash, bank or mobile bank and carries the ledger account it settles into, so nothing needs coding by hand.
The charge taken off the line
A method carries its charge as a percentage or a fixed amount — bKash at 1.5%, a bank at a flat fee — posted to its own expense account.
Verified before it clears
A payment can sit as in-process until it is verified, which keeps money that has been promised out of the balance that has been received.
Settled across many invoices
Batch payment applies one receipt across several invoices at once, and credit memos track what is adjusted and what is still adjustable.
Gateways as integrations
bKash, Nagad and SSLCommerz each have their own integration, switched on per account.
Questions
Frequently Asked Questions
Does the gateway charge get accounted for?
Yes. The charge is part of the payment method definition and posts to a nominated expense account, so the drawer balances against what arrived rather than what was billed.
Which gateways are available?
bKash, Nagad and SSLCommerz have integration pages of their own. Which are enabled depends on your account.
Can one payment cover several invoices?
Yes. Batch payment settles a single receipt across multiple invoices, with the allocation on the record.
Have you seen these running?
The payment methods, their charges and the verification step were all seen in the application. The gateway integrations themselves were not enabled in the account we walked, so ask for a live demonstration of the one you need.
Integrated E-Commerce