The term Payment Defaults refers to consignor payouts.
1.From the Main Menu, select Setup > Options > Payout.
2.The Maintain Options dialog box will appear.
●Payout Detail : Has three options. Each option determines the type of detail to print on the check stub for the items sold.
○Long Description : Prints the Item Number, the Amount Sold for, and the Net (amount the consignor is being paid).
○Normal : Prints the Item Number, and the Amount Paid to the consignor.
○Summarized : Tells you How Many Items were sold through which channels and the Total from those channels.
Example: Sold Online (22) $1,488.10 means 22 items were sold Online for a total amount of $1,488.10.
●Print Barcode On Payouts : Prints the check number in the form of a barcode for clearing checks out of Liberty.
●Print Account # on Payouts : Prints the Account Number on the check.
●Prompt Before Posting Payouts : Check to be Prompted Before posting checks as paid. It is recommended that this option be left turned on.
●Include Layaway items In Total Owed : Checking this option will cause credit from items on layaway to be available for use for store credit purchase. This will also cause these pending transactions to be uploaded to the optional Consignor Login service.
●Print Check Message On Top Stub : Check this option if the check message should be printed on the Top stub of the check rather than the bottom stub.
●Include Inactive Accounts In Group Payouts : When checked this will include any accounts that have been inactivated in the Group Payout Process.
●Payout Fee Amount : Enter how much (if any) you will charge a client for issuing a payout.
●Minimum Check To Print : Enter the smallest amount for which the system process payouts.
●Pay Delay : Use a pay delay for holding the payout for a set amount of time from the time the item is sold, to a designated time for the delay.
○None : By default Liberty is set to None. This means as soon as an item is sold in store, the consignor can be paid for it.
○Previous Fifteenth : Select to issue payments for in-store sales made up through the 15th day of the previous month.
○Previous Month : Select to issue payment for in-store sales made up to the last day of the previous month.
○Days : Select and enter the number of days before a client can be paid after and in-store sale is made.
○Web Pay Delay : Enter the number of days before a client can be paid after an item sells online.