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Types of Fees
ACH Transaction Fee
ACH Handling Fee
Credit Card Transaction FeeCredit Card Handling Fee
Check Transaction Fee
Check Handling Fee
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All fees will show as “Projected Fees” on the invoice
Fees will show as due both internally to operators and externally to customers
Fees will apply to ANY invoice creation (front end, back end, customer or Admin)
Transaction or Handling Fees will NOT display on the AR Report page
Transaction and Handling Fees are not counted as outstanding in any related Financial Reporting (ie: Program → Registration Details)
Handling and Transactions Fees will be assessed per installment, based on if the selected payment method is ACH or Credit Card, if a customer is enrolled in a Payment Plan or Scheduled Payment
Ex: if a Payment Plan has 5 installments, there will be 5 separate Handling Fees and 5 separate Transaction Fees
Payment Method: Check
Ex: An Admin selects “Pay by Check” option when registering a customer for a program.
The cost of the program is $100
The Check Handling fee is $25
The Check Transaction fee is 2.25% ($2.25)
Total Cost = $125$127.25
$100 will show on the open AR Report
$25 $27.25 will show as Projected Fees, but will NOT show on the AR Report page
Payment Method: ACH or Credit Card
Ex: A customer selects “Pay by ACH” or “Pay by Credit Card” for a Payment Plan.
The cost of the program is $1,000The Handling Fee is $25
The Transaction Fee is 3.25% ($32.50)
The Payment Plan is 4 installments
Total Cost = $1,130
$1,000 will show on the open AR Report
$130 will show as Projected Fees, but will NOT show on the AR Report page
$32.50 Transaction Fee for Payment 1
$32.50 Transaction Fee for Payment 2
$32.50 Transaction Fee for Payment 3
$32.50 Transaction Fee for Payment 4
Payment Method: ACH
Ex: A customer selects “Pay by ACH” for a Payment Plan.
The cost of the program is $1,000
The Transaction Fee is 3%2.25% ($22.50)
The Payment Plan is 4 installments
A Handling Fee will apply to EACH payment
Total Cost = $1,130090
$1,000 will show on the open AR Report
$130 $90 will show as Projected Fees, but will NOT show on the AR Report page
$25 Handling Fee & $7$22.50 Transaction Fee for Payment 1$25 Handling Fee & $7
$22.50 Transaction Fee for Payment 2
$25 Handling Fee & $7$22.50 Transaction Fee for Payment 3$25 Handling Fee & $7
$22.50 Transaction Fee for Payment 4
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