NOTICE: We've Moved to a Ticket System for Support
As of August 31, 2017 (12am EST) our support forums will be retired (read-only), and we will be moving to a support ticket system. This will allow us to better organize and answer support requests, and provide a more personalized experience as we assist our customers.
For the time being, we will leave our forums open for reading and learning while we work on creating a more robust Knowledge Base for everyone to use.
If you are a WC Vendors Pro customer please open a support ticket here. If you are a WC Vendors user please open a support ticket on the Wordpress.org forums.
The information on this forum is outdated and in most instances no longer relevant. Please be sure to check our documentation for the most up to date information.
Thank you to all of our customers!
- This topic has 6 replies, 2 voices, and was last updated 9 years, 7 months ago by
.
-
Posts
-
Out of curiousity, how do you pay your vendors – and how do you handle the accounting?
I’m looking at an instant pay/split via Paypal model (Chained Payments), then a self-billing invoice at the end of each quarter for each vendor.
How do you do it?
Good to know, thanks for the info. How do you document to the vendors why you’re sending them money? Ie what kind of paperwork do you provide to them for their accounting?
The checks I print have check stubs on them. They know why I’m sending them money, they are vendors at my store. 🙂
I’m not familiar with stubs on checks – I’m guessing they’re providing some kind of overview of sales or similar? And hehe yes, of course they know why you’re sending money 🙂 I mean from an accounting perspective.
In DK, at least (as I understand it), I can’t send anyone money from my company to another company/vendor without some sort of document (invoice from a vendor or similar) – and similarly, a vendor’s company can’t suddenly receive money without a document (an invoice they issued, or a self-billed invoice), showing why they’re receiving this payment.
Hence my curiosity as to how others are handling this.
http://paycheck-stub.com/paycheckstub3.jpg
Something like that. 😉
Ah, right, thanks 🙂 Hmm, I wonder if this need for documentation (like a vendor’s invoice) before I send anyone money, and the vendor’s need for documentation (like the vendor’s invoice, or the self-billed invoice from me) before receiving the payment is a European thing. Or maybe there just is an easier way than what I have in mind.
- The forum ‘WC Vendors Free Support’ is closed to new topics and replies.