As mentioned above, when you send the statement to owners, they are able to receive it via emails. When they click on PAY NOW button in the email, it will open payment page in browser.
The page shows the statement ID that the owner is about to pay, your name and the payment amount as pre-filled. Owner just need fill in their payment information then hit PAY button to go.
Then a receipt will be sent to owner’s email address.
You are able to see the status of a statement in Finance – Statement.
Approved: Statements are newly generated.
Sent: Your statement was sent to owner account’s email address.
Seen: The statement was opened by the owner.
Processing: Owner paid for this statement but the amount has not been transferred to Prism Bank Account
Received: The amount has been transferred to Prism Bank Account and Prism Pay is in-charge to transfer the money to your bank account.
Error: Error happens and Prism Pay is in-progress to update.
Prism Pay is working on payment function to bring more experiences and conveniences to Trainers and Owners in this process.
Why is Prism Integrated / Partnered with Xero?
Prism has chosen Xero as its Finance partner quite simply because they are recognised as the best online accounting system in world. It is simple and easy to use, cheap but powerful and also able to be integrated to a wide variety of third party ...
Choose where to display Credit Notes in owner statements
By default, Credit Notes are displayed in the Adjustment section of your Owner Statements. If you prefer, we can configure your solution to display Credit Notes in the Tax Invoice section instead. Please email us at email@example.com if you wish to ...
How to Create Statements in Finance
The Create Statement process is where you have expenses all items for the period and are looking to check and generate invoices to be sent to Owners. This process will also integrate and direct all expenses from the period into the right sections of ...
How do I resolve a problem with synchronising invoices between Prism and Xero?
On occasions, you may need to edit a Statement/Invoice that has already been generated and sent to a customer, and synchronised to Xero. Prism enables you to do so, either by editing an invoice or editing expenses and regenerating the Statement. ...
Top 10 Tips & Tricks for Prism Finance
1.4 TOP TEN TIPS AND TRICKS The Prism Finance Module is designed to enable you to better manage your stable, ensuring everything is captured and recharged correctly. If you use the system correctly each day, it will essentially run seamlessly in the ...