Recurring Fees

Recurring Fees


Apply Recurring Fees to the consignor account.



Add a fee name, recurring type, and review upcoming charge date all from the consignor account.


First step, go to store settings, surcharges and click "add new" from the top right corner.



Now, add a name to your new fee, select type "Consignor", sub type "Processing Fee", value type "Fixed", and enter the amount into the "Value" field.



Add the "Recurring Type" from the dropdown menu. You have the option to choose from monthly, quarterly and yearly.



From the consignor account, click "Apply fee" select the fee from dropdown list and hit submit.




Pick the recurring charge date from the calendar: 




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Important note: If you want to charge an instant fee upon the creation of a new consignor account and maintain an automated billing going forward, you have two options:
     
      a. Use the "Manual Fee" to set the first amount and then set the recurring charge date to the next billing date you intend to charge your consignor. For example: if you charge a monthly rental fee of $10 upfront when a new consignor signs up on January 1, then you charge them a one-time manual fee of $10 on January 1 and then set up a recurring fee with recurring type as "monthly" and the recurring charge date as "February 1". In this case, your consignor will be automatically billed monthly starting from February 1. 

      b. If the date of charging the first fee is a little bit flexible, you may opt to set up a recurring fee and set the upcoming charge date to 2 days after you created the consignor account. For example: If your consignor signed up on January 1, you can set the upcoming charge date for monthly fee to start on January 3. The 2-days difference is necessary due to the batch processing of our automation that is currently set to run at 2 pm EST.

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After submitting the recurring charge date, you will see a popup message saying "Recurring fee successfully applied. Future charges will be processed automatically":



You can see the Recurring Fee now listed under the account summary as shown on the image below: