Creating a Memorized Transaction

Overview

Verosa Online lets you set up recurring transactions within the Memorized Transactions page.

Step-by-Step Guide

1. Go to the Memorized Transactions page and click on the “Create a new Transaction” button.
2. Fill out the timing information at the top of the page. Then fill out the invoice information underneath that.
3. If you chose the Automatically Create and Bill option, Select the Payment Method from the drop-down at the bottom of the invoice.
4. Click Save at the bottom of the page. A new invoice will be created for every payment period specified.
   • Save: This creates and charges the invoice on the date specified.
   • Save and Create Individual Invoice: This creates the invoice right away, then charges it on the date specified. Future invoices will be created and charged on the specified date normally.

Memorized Transaction Options

Transaction Name: This should be a unique name for the recurring transaction. This can be searched for on the Memorized Transactions page and will not show up on any customer facing documents.

Group: Assign a predefined timing configuration to this memorized transaction. Saves all of the below fields so you don't have to type them in each time when creating a new memorized transaction.

Automatically:

• Do Nothing: This disables the invoice creation and transaction. It can be used to put a recurring transaction on hold and then activated again later.
• Remind Me: This will show a popup when you log into Verosa Online of all the upcoming/due transactions. This will not send out an email.
• Create: The invoice will be created on the specified date and will not be charged. You will have to open the invoice on the Invoices page and manually charge it.
• Create and Bill: The invoice will be created and charged on the specified date.
• Days in Advance: This will create the invoice a certain number of days before it is due. It will not process the transaction until the due date. These invoices will show up in the Scheduled Payments page where they can be edited if needed.

Starting From: The date that the memorized transaction will start on. This needs to be tomorrow or later.

Ending:

• Never: This transaction will keep being created and processed if able
• After: Only process for a certain number of attempts
• By: Only process until a certain date is reached

Repeat:

• Daily: Process every day or number of days
• Weekly: Process every week or number of weeks on a certain day of the week
• Monthly: Process every month or number of months on a certain day of the month
• Yearly: Process each year on a specified day of the year