Payment Thresholds

The basics:

• The supplier MUST have more than one payment type enabled to set them up with payment thresholds
• You can set up multiple thresholds with the same Payment type on each supplier
• Using Payment thresholds via PIF transactions:
  • The “Account Type” on the PIF must be set to “TRS” for more information about our PIF please visit: https://developer.cpxchange.com/docs/cpx-pif-specs
  • The supplier must have payment thresholds already setup on their record in CPX
• Using Payment Thresholds via Single Payment:
  • “Payment Thresholds” must be selected as the account type
  • If the supplier does not have payment thresholds setup it will not be an option for the user to select on the single payment modal screen

Setting up thresholds on a supplier:

1. Enable multiple payment types for a supplier in the payment information section
2. Enable the Payment thresholds toggle at the bottom of the payment information section
3. Set the default payment threshold (you will not have the ability to change the ‘amount’ on the first threshold)
4. Set up any other thresholds you would like by clicking the + icon then set an amount and a payment type for each
5. Start submitting TRS transactions via PIF or quick pay!

Example:

Thresholds setup on the Supplier:

• If the payment is ≥ 0 use VCN Email (SIP)
• If the payment is ≥ 8,000 use CPX ACH
• If the payment is ≥ 14,500 use VCN Email (SIP)
• If the payment is ≥ 15,000 use Check Issuing

Payments & their outcomes:

• A payment for $5,592.00 will be a VCN Email (SIP) transaction
• A payment for $8,001.00 will be a CPX ACH transaction
• A payment for $14,786.00 will be a VCN Email (SIP) transaction
• A payment for $28,256.00 will be a Check transaction