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Is there a way to setup accounts for my employees to pay for items like a payment plan?

If my employees want to buy something in my store is there a way I could set them up an account on square and they pay for like a charge account?
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Hi @Kenzam !

 

I haven't found any easy way to do this straight from the Point of Sale, but you can invoice your employees and set a payment plan on the invoices:

 

When you create the invoice, make sure the ACH payment option is disabled: only the credit card option is available. This will enable the "Add Payment Schedule" option for the invoice. You can then set it up for when you want the repayments to take place.

 

As an example, your employee wants to buy a $400 item, paid with $100 out of each check. You pay them weekly. Go into the invoice, charge them the $400, and set up payments to equal $100 each payday.

 

Deduct the $100 manually (I'm fairly confident there isn't a way to do this automatically through Square Payroll yet) from their paycheck, then go back into the invoice. Even though you have the invoice set up to use a credit card, you can override the payment type at any time. I'd use the "Other" payment type with a note that it was an employee reimbursement.

 

It is a little manual footwork, but I think this is the best option for what you're trying to do.

 

Hope this helps!

Ryan Wanner
Golden Pine Coffee Roasters
Colorado Springs, CO, USA

Square Champion: I know stuff.
Beta Tester: I break stuff.
he/him/hey you/coffee guy/whatever.

Happy Selling!

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Square Champion

Best Answer

Hi @Kenzam !

 

I haven't found any easy way to do this straight from the Point of Sale, but you can invoice your employees and set a payment plan on the invoices:

 

When you create the invoice, make sure the ACH payment option is disabled: only the credit card option is available. This will enable the "Add Payment Schedule" option for the invoice. You can then set it up for when you want the repayments to take place.

 

As an example, your employee wants to buy a $400 item, paid with $100 out of each check. You pay them weekly. Go into the invoice, charge them the $400, and set up payments to equal $100 each payday.

 

Deduct the $100 manually (I'm fairly confident there isn't a way to do this automatically through Square Payroll yet) from their paycheck, then go back into the invoice. Even though you have the invoice set up to use a credit card, you can override the payment type at any time. I'd use the "Other" payment type with a note that it was an employee reimbursement.

 

It is a little manual footwork, but I think this is the best option for what you're trying to do.

 

Hope this helps!

Ryan Wanner
Golden Pine Coffee Roasters
Colorado Springs, CO, USA

Square Champion: I know stuff.
Beta Tester: I break stuff.
he/him/hey you/coffee guy/whatever.

Happy Selling!
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