Configuring transaction rule will define the following for you:

  • The due date for your receivables.
  • Fee(s) that is applicable to the sale channel.

In this article, you will learn how to configure transaction rules.

Before you start‌

Steps to Configure Transaction Rule

Navigate to Settings > Transaction Rule > +Configure Transaction Rule and follow the below steps to configure a transaction rule.

Step I - Name the Rule

Enter the name of the transaction rule. The transaction rule name helps you with identification and will be unique for a sales channel.

Step II - Choose Sales Channel‌

Select the sales channel for which you want to create a transaction rule. The sales channel is not an editable field.

💡 Sales channel will appear in the dropdown in the below condition only if:
- There is no transaction rule for this sales channel.
- A subscription request is created for the sales channel.

Step III - Choose Applicable Fee‌

Select a fee(s) you want to associate with this transaction rule. You can associate multiple fees. Option to add/remove more fees is available while editing.

💡 Fee(s) added to the transaction rule is considered for a reconciliation process.

Step IV - Provide Payout Setup Details

You do this to calculate the due dates of receivables from the sales channel. Depending upon payout frequency, you need to enter the below information:

  • Daily: You need to provide the number of due days.
  • Weekly: Select payout weekday(s) and enter the number of due days.
  • Monthly: Enter payout date(s) and the number of due days.

Daily Payout Frequency: Contact gives you payout on every day. The payout received is for receivables generated 15 days before.

In this scenario, payout frequency - daily and due days - 15. The receivable is marked overdue after 15 days from the invoice date.

Weekly Payout Frequency: Contact gives you payout on every Thursday. The payout received is for receivables generated from Thursday to Wednesday.

In this scenario, payout frequency - weekly, payout day - Thursday (You can select multiple weekdays as well) and due days - 7 (Take max number). Eshopbox workspace will mark the receivable as overdue after seven days from the invoice date.

Monthly Payout Frequency: A contact gives payout on the 15th of every month for the previous month. The payout received is for the receivables generated in the last month.

In this scenario, payout frequency - monthly, payout date: 15 (You can add multiple dates separated by comma) and due date - 45 days (Take maximum number). Eshopbox workspace will mark receivable as overdue after 45 days from the invoice date.

After providing all the information, click on add to complete the configuration. You can view configured transaction rule on transaction rule main pane.

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