Ways to get paid

Through wire transfers, direct ACH payments, and payment portals

Good for: **if your customer will only pay through a payment portal like Bill.com, Ramp, or Coupa, then you don’t really have a choice :). However, this method is also the cheapest in that there are no fees taken by any party.

How it works:

• You remove all payment methods from your invoice in Subscript

  

• In the memo, include payment details, like Account holder name, account number, routing number, and address

• Send your invoices!

Reconciliation

The payment will reach your bank account, and will get picked up by your accounting software (Quickbooks, Xero, Netsuite). That software will help you match the payment to the invoice (since Subscript will send the invoice to your accounting system), and once matched, the payment status will flow right back into Subscript.

Getting paid via checks or direct transfers - a video walkthrough

https://www.loom.com/share/dd275482c92247c58e5868aa6bbc39d8

Through the payment feature of your accounting system

Good for: making reconciliations even easier. However, the fees tend to be highest through this method (for example, Quickbooks charges $15 per ACH or 2.99% per credit card)

How it works:

• Add the payment methods you’d like your customers to use to your settings in Subscript billing

• Make sure that you have payments turned on in your accounting system. This is very important!