Step 5A Configure Mandate

• When you would like to collect, (weekly, Monthly, Custom)

• Predefine amount: This limits the amount that the client allow you to collect per collection cycle, if in the event the amount due exceeds the “Predefine Amount” the system will automatically request for email approval from your client, Your client would be able to once-off approved or increase the “Predefine Amount”. If no approval has been granted, the system will collect the maximum allowed and the variance will be rolled over to the next collection cycle.

• Based on Usage: Will collect the sum of all invoices that are due or falls due on the collection date for the contact

Paycycle works on Invoices due date from the accounting system, if No invoices are due on or before the collection date, nothing will be collected.

Start Date – When will the Mandate (contract) Start End date – When will the Mandate (contract) Stop (Optional)

Auto Collect:

• System will automatically submit for collection, no action require by user

Auto Mandate management:

• System will automatically request approval for “Predefine Amount” mandates
• N/A for "Based on usage"