Getting paid via ezyCollect Payments is an easy way for debtors to pay, but creating entries and allocating funds for the payments each day back to your ERP/accounting system can be a tedious task.
Whether you are sending your Pay Now link with your ezyCollect reminders or invoices from MYOB EXO, when a customer pays via Simplypaid using their credit card, this will automatically be marked as 'Allocated' on MYOB EXO saving you time each day on allocating payments.
How does it work?
Let's take this debtor as an example - Global Solution has an open invoice number 1283
This invoice will be opened in ezyCollect after the sync. You can then send your customer an ezyCollect reminder with the Simplypaid "Pay Now" button to click.
The open invoice/s will show and your customer/debtor can select to make payment.
Now, your debtor enters their credit card details into the Simplypaid page.
Payment has been completed via Simplypaid page:
And voila! The payment was created and automatically allocated to the invoice! Note: 'Currently Allocated' means that the invoice is closed (paid in full)
When you click sync in ezyCollect and after its completion, these paid and allocated invoices will no longer be visible in ezyCollect.
Quick video to show you again how payment write-back works in EXO.
Minimum MYOB EXONET version
ezyCollect will need to assess your MYOB EXO version to determine capability. You will need to have at least minimum EXO version 2015.3.0.
However, by end of November 2021 - you will need to have the EXO version 2018.50 or higher to be compatible for the current EXO API v1.6 update required by MYOB.
If you have earlier version that the above mentioned, an upgrade may be required and this is done with your implementation.
ezyCollect will also assess your setup as certain heavily customised setups are not compatible with payment write-back. We will assess this before implementing and provide you with all information if incompatible.
How to check your MYOB EXO version:
Contact us on email@example.com to enable your EXO payment write-back.