With low flat rates and automatic recurring payment options, Canopy manages the entire billing process for users from tracking time and sending invoices to collecting payments. This makes the process of managing payment transactions transparent and easy. By focusing on security first, Canopy’s Payments is PCI compliant, ensuring that sensitive payment data is stored securely and protected against potential breaches.
“We are constantly looking to make the work of tax and accounting professionals easier,” said Jordan Ray, Chief Revenue Officer, Canopy. “By integrating Payments into our Practice Management software, we are not only benefiting our customers but also improving their clients’ satisfaction with a seamless experience.”
Flat Rates for Every Transaction
Regardless of the type of credit card or if a card is used in person or online, the rates stay the same for credit card and ACH payments. With flat rates, accounting professionals will never have any surprises and can adjust invoices as needed.
Currently rates are as follows:
- Credit: 2.75% + $0.30 per transaction
- ACH: $2 per transaction
Automatic Recurring Payments
Starting in July, an easy, automated, recurring billing for ongoing work will save professionals time and money by removing the burdensome task of manually issuing a request for payment. In addition, customizing payment schedules and the ability to save client financial details will create a smooth process for any professional’s receivable needs.
Export to Your Books
Bookkeeping features allow professionals to easily export transaction history to other relevant accounting software.
For more information on Payments, available today as part of Canopy’s Practice Management software visit https://www.canopytax.com/practice-management/timing-billing.
Canopy is a cloud-based practice management, tax resolution and preparation software. The modern, easy-to-use software cuts out tax practice busywork, improves the client experience, and brings all the different tools a practitioner needs under one roof. Canopy is also known for its 2-minute IRS Transcripts Tool. Canopy was founded by Kurt Avarell, who walked away from his career as a Wall Street tax attorney to launch Canopy from his basement in 2014.
Learn more at www.getcanopy.com and @CanopyTax.