All the debit order types in Paysoft Flow are automatically recurring i.e. they will run on the same day as each month until expiry (optional) or Mandate has been cancelled, edited & not accepted.
Monthly Debit orders
This type of debit order is for your typical subscription client where the Debit Order will run on the same date every month for a fixed amount.
Should you want to make changes (like the amount) to this Debit Order the client will have to re-sign the Mandate.
The Payments feature of Paysoft Flow is intended for Bulk Payments either integrated with Xero Accounting or via upload of CSV files for custom batches or salary payments.
Once a payment instruction is approved (multi-level approval available) in the payments tab.
The admin should pay the Total Batch Amount to the supplied BFI Pay banking details after the confirmation.
In Paysoft Flow, payments can either be integrated with a Xero Organisation or a CSV file can be uploaded for non-integrated, custom payments.
Awaiting Payments TabXero Integration
When connected to a Xero Organisation, this tab will mirror/reflect the Bills to Pay, Awaiting Payments tab from within Xero. From here you will be able to tick and pay multiple bills from different Suppliers given that the Suppliers Banking details have been updated in Paysoft Flow.
Once the funds are received in Paysoft Flow, Paysoft Flow will reconcile all the invoices in the connected Xero.
CSV UploadCustom Payments
This allows for non-integration ND custom batches of suppliers & payroll payments to be paid by Paysoft Flow.
Plug n Play Simple Pay Generic CSV import available.