Overview
Everyone understands that getting paid is at the heart of business and commerce. Here you will find resources related to payments in Emersion.
Fundamentally, there are two types of payments in the Emersion system, manual and automatic. All subscribers are granted access to manual payments. Automated payments are require an additional subscription to the Emersion Payment System module ('EPS'). You will also need to subscribe to the merchant facilities one of our supported payment gateways.
Backdating Payments
In some accounting systems, users often have the ability to back date a payment to any point in time. The reason you are able to do this is because the invoicing and receipting are two mutually exclusive items as far as the customer is concerned. The customer's underlying balance would not appear on tax invoices generated by these systems.
Emersion's system operates differently. We report on payments and invoices in a single tax invoice. This means that customers, that receive invoices generated by the Emersion system, can logically interpret the behaviour of their account over time, simply by looking at each invoice. What this means is that financial changes that occur for periods prior to when the invoice was approved and submitted to the ledger, can only be entered after the date of the most recent approved invoice.
Bulk Tools
Emersion have made available some payment import tools and a tool to import BPAY Reference Numbers.