Third Party Payment from Shulware on Vimeo.
A third party pay refers to a payment made by one account and applied to another account.
In this scenario, the paying account (the "third party") will have a record of the payment in their log and will receive any receipts and tax letters regarding the payment. It will not affect their balance.
The account receiving the credit for the payment will be able to associated the payments to open charges on their account and it will affect their balance, but they will not be able to receive any receipts or tax letters for the payment.
i.e. a parent pays for a charge on their children's account, The parent gets the receipt and tax credit, the child's balance is affected.
Only an admin can initiate a third party pay.
An admin can add a third party pay when adding the payment by going to the account receiving the money and selecting add transaction -> payment. there will be a box to fill in 'paid by account' and enter the account that is paying, proceed through payment as normal.
Any payment on an account can be made into a third-party payment. Simply edit the payment and select the third party account by typing in the Paid by Account field.
To split an existing payment between the payor's account and another, add an adjustment to the original payment in the amount you wish to apply to the other account. Then add a new payment on the other account for that amount, selecting the third party account in the Paid by Account. Best practice is to use the same payment date as the original and reference it in the payment notes.
If a third party pay was made, here is where that information will be found when editing the payment.
you can also see it in the transaction log by clicking the plus sign next to the payment:
