Postage Profit Setup Follow
The postage profit enhancement is meant to help users who need to keep track of marked up postage. Midnight now allows you to manage a system default for postage markup and a customer default. These values can be edited on the fly in the estimates and orders module.
Note: This enhancement will in no way affect your current use of postage and how it is calculated and used. If you do not choose to take advantage of the postage profit features the postage sections of Midnight will continue to function as they currently do.
Admin > Global Settings > Estimates Orders
You will now be able to set the default postage markup for the system as well as a default GLID for postage profit to export with you accounting integration.
Admin > Postage > Mail Class
In the Mail Class admin grid you can now define a Postage Profit GLID for the different mail classes that will be used in the accounting export. If a mail class GLID is present it will override the global default.
The postage tab in Estimate now has accommodations for the postage markup enhancement in the postage grid. When you add a line to the postage grid it will look for a global default markup, if none exists then it will look for a customer default markup, if none still exists no markup will be applied automatically. If a user would like to apply a markup manually they can select a markup type ($ or %) and define a value. The total is automatically calculated.
You will now also see a Postage Comments field.
As part of the postage profit enhancement the postage tab in orders has received a face-lift. The Receive funds, apply funds and view checks links have all been made into buttons. You will also notice we have added 2 new totals, order postage profit and order version postage profit.
The commingling vendor drop down is just for information and has no functionality as of now.
When you add a line to the postage grid it will look for a global default markup, if none exists then it will look for a customer default markup, if none still exists no markup will be applied automatically. If a user would like to apply a markup manually they can select a markup type ($ or %) and define a value.
You will also notice the addition of the postage comments field to this screen.
Postage Detail Popup
The postage detail popup has three new fields.
- Postage Rate Markup Value
- Postage Total Profit
- Postage Margin
Apply Funds Screen
The apply funds screen has been reworked to give some more flexibility when deciding how much you want to deduct from a customers deposit account when applying funds. You can now choose to deduct the postage required amount, the qualified amount or the sell amount. In addition you can override that amount as needed.
Additionally when clicking apply leftovers to services you are now able to define the exact amount you would like to apply to those services.
All standard reporting in Midnight has been updated to account for these changes. If you have a custom report it may need to be modified. Please contact support for help.
The postage profit enhancement has been added to the Quickbooks 2020 integration as of now with more to follow later.