Create Payment Streams

The process of creating a Payment Stream includes associating item(s) and customer(s) with the stream. When creating a Payment Stream, you can unlimited items and customers. Items and Customers can be created on their own, or when you are going through the process of creating a new payment stream. 

If you need to apply Sales Tax to some or all transactions, you will need to have imported a list of Sales Tax Codes from AccountEdge®, QuickBooks® Online or your Xero account. You can also create the tax codes and rates in Rerun, before creating the Stream.
 

Creating a Payment Stream:

  1. Click on the Payments tab
  2. Click "Create Payment Stream" at the bottom of the page
  3. Enter the name of the stream
  4. Indicate a Stream Type of either Automatic or Invoicing, and the number of payments, or select unlimited (runs until you pause or cancel)
  5. Select an item or create a new item and indicate its price
  6. Indicate the billing frequency (Daily, Weekly, Monthly, etc.)
    • If the Payment Stream is set to monthly and the billing schedule is set on a specific date, you have an option to select "Variable Stream" &/or "Auto Prorate First Payment" if desired. However, please note: Once this is set, it cannot be changed or altered; the stream will have to be deleted and recreated if changes are necessary)
  7. Indicate whether or not the first payment should be prorated. This would be the case if a customer was being added between the payment frequencies.
  8. Select a customer or simply create a new customer
    • On a per customer level, you can:
      • Indicate whether or not a discount should be applied
      • Indicate the stream start date, if applicable
      • Select one or two applicable sales taxes for this transaction
      • Select the number of payments for this customer. It would be the same as the number of Stream Payments if the customer is being added when the Stream is created. It could be less if a customer is being added to a Stream with a predetermined number of payments, and the Stream had already been started.
  9. Click Create Payment Stream after you've entered all the stream information

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