This article describes how Wavebid can be used to document that payments have been made to sellers at the end of an auction.
This article contains the following sections:
Documenting Seller Payments
There are three methods for documenting that a payment was made to a seller:
-
On the Seller Summary Page
-
On the Seller Settlement
Please note that, while Wavebid can be used to track payments made to sellers, there is not a way to actually issue a payment to a seller via credit card or bank transfer (ACH) in Wavebid.
Add a Payment via the Seller Summary Page
The Seller Summary page can be used to document that a payment was made to the seller:
- Navigate to the appropriate auction from the Dashboard, then select Accounting > Seller.
- Check the box to the far left of the applicable Seller and then click the Dollar Sign in the top right corner of the page. A pop-up window will open.
- Use the fields to enter the payment information.
- Click the Save button. The Seller Settlement will be updated to reflect the payment.
Add a Payment via the Seller Settlement
The Seller Settlement can be used to document that a payment was made to the seller:
- Navigate to the appropriate auction from the Dashboard, then select Accounting > Seller.
- Click on the applicable Seller to open their Seller Settlement.
- Click the Add Payment link on the right side of the Seller Settlement. A pop-up window will open.
- Use the fields to enter the information for the payment.
- Click the Save button. The Seller Settlement will be updated to reflect the change.
Add a Payment By Printing a Seller Check
Printing checks will automatically document that a payment was made to the seller. For more information, see Printing Seller Checks.
Edit or Remove Seller Payments
To edit or remove a seller payment, navigate to the Seller Summary page (Current Auction > Accounting > Sellers) and scroll to the right to view the Payments column.
- Click the Pencil icon in to the right of the amount to edit the payment. A pop-up window will appear. Make the desired changes and then click the Save button.
- Click the X to the right of the amount to delete the payment. A pop-up window will appear. Click the Ok button to confirm.
Related Articles:
0 Comments