At Orderingplus, we offer two methods to pay business owners: using Stripe Connect or our Business Invoice tool.
Let’s go through each method step-by-step to ensure you understand how to handle payments effectively.
Method 1: Using Stripe Connect
Stripe Connect is a ready-to-use payment gateway that helps you split order payments between you and the business owners.
Steps to Use Stripe Connect:
Set Up a Stripe Connect Account:
Ensure you have a Stripe Connect account.
If you don’t have one, sign up on the Stripe website.
Configure Payment Splits:
Log in to your Stripe Connect account.
Set the percentage each business owner will receive and your share (fees).
Define the timeframes for the money split (e.g., daily, weekly).
Automatic Splits:
Once configured, Stripe Connect will automatically split the payments according to your settings.
Note that Stripe charges its own commissions for this service.
Method 2: Using the Business Invoice Tool
If you prefer to handle payments manually, you can use our Business Invoice tool to create detailed invoices.
Steps to Use the Business Invoice Tool:
Access the Business Invoice Tool:
Log in to your Orderingplus account.
Navigate to the Business Invoice section.
Filling Out Invoice Details:
General Information:
Payment Methods: Select how you plan to pay the business owners (e.g., bank transfer, check).
Order Type: Choose the type of orders to include (Delivery, Pickup, Eat in, Curbside, Drive thru).
Include Canceled Orders: Decide if canceled orders should be included.
Include Discounts Provided by Platform: Choose whether to include discounts given by the platform.
Select Invoice Type: Pick the type of invoice you want to create.
Date Range: Set the start and end dates for the period you are paying for.
Business: Select the business you are creating the invoice for.
Adding Payment Information:
Percentage Fee: Enter any percentage-based fees to be charged.
Fixed Fee: Input any fixed amount to be charged.
Tax: Add any applicable taxes.
MISC Amount: Enter any additional miscellaneous amounts.
MISC Description: Write a description for any miscellaneous charges.
Additional Information:
Notes: Add any extra notes or information relevant to the payment.
Generating the Invoice:
Once you’ve filled out all the details:
Click on the Create Invoice button.
A PDF invoice will be generated with all the payment details for the selected business.
Making the Payment:
After you have the PDF invoice:
Share it with your accounting team.
They will use this invoice to process and complete the payments to the business owners.
Important Notes
Stripe Connect handles payments automatically and charges its own fees.
Business Invoice Tool helps you create detailed invoices, but your accounting team will need to manually process the payments based on these invoices.
By following these steps, you can efficiently manage and process payments for business owners on Orderingplus.