The following section will help you to determine any/all surcharges and discounts based on a payment type.
| • | Within Auction Flex, click on the Miscellaneous drop-down menu and choose Maintain Settings & Options. |
| • | In your Settings & Options Maintenance, click on the 'Payment Types' Tab. |
From here you can Add or Delete payment types using the controls to the left of the grid. You may also Disable a particular payment type by toggling the check box under the rightmost 'Disabled' column. You may choose whether you wish to charge the surcharge/discount to the buyer or consignor (all examples will assume the buyer is charged).
| • | To apply a surcharge for a particular payment type enter the percentage under the Sur/Disc Rate on the appropriate row (i.e. a 3.00% for Visa will now apply a three percent surcharge on a Visa-payer's invoice, a -3.00% for Cash will give a three percent discount on a Cash-payer's invoice). |
| • | The 'S/D Rate Applied To:' column simply determines what the surcharge or discount will be applied to. |
| • | The next columns determine if the surcharge or discount is taxable or not. |
Now we see the final outcome when placing a 3.00% surcharge on Visa purchases:
