In the most recent software update, we have connected the order in which items are listed in the Box Builder to match the order in which those items are listed in the Packing report.
Read on to learn more.
Read on to learn more.
We are often asked, "Which payment methods should I offer my customers?" We always recommend using electronic check transfers as your primary method of payment as this is the most affordable option. If you would also like to offer payment by credit card, you have two options - a credit card processor (we recommend PowerPay but you can use whatever credit card processor you prefer) or Paypal.
Our Recommendation: Farmigo will support any decision you make for accepting credit card payment, but we do NOT recommend using PayPal. After four years and millions of transactions later, we have seen that consumers prefer credit card payment over PayPal. In addition, there have been numerous occasions when PayPal has not properly processed member payment. In spite of our efforts to have them correct these issues, we have found PayPal's customer support slow and at times unresponsive. In today’s tip, we want to provide you with some insight about the benefits of using a credit card processor over Paypal. You are welcome to use any credit card processor, but we are going to use Powerpay as our example in this analysis. To learn more about other credit card processors, click here. There are a few variables to consider when choosing between PayPal, Powerpay, or another merchant provider. These include:
Read on to learn more.
Is your business seasonal? Then your merchant account should be, too.
A seasonal PowerPay account saves you money. Your monthly service fee drops to $1.95. And reactivation is easy. Just give PowerPay a 5-day notice that you’re going to be accepting payments again and you’re good to go. You can put your Authorize.Net account on hold, too. You’ll no longer have to pay the monthly service fee – but there is a $25 charge to reactivate your Authorize.Net account. For more information about the benefits of a seasonal PowerPay merchant account – or to put your existing account on hold – call Jason Jensen at 877.877.9077 ext. 1815. Authorize.Net merchant support can be reached at 877.447.3938.  As the leaves start to change, we begin looking towards the new year. This week’s tip reviews how to review and add dates to your delivery schedules. This is especially important for ongoing programs that make deliveries year-round; you will want to regularly add dates to your schedules on an ongoing basis. If you manage a seasonal program, you may want to click here to learn about setting up a new season.
Read on to learn more.
This week the software development team released a software update which will reduce the chance that a member will order an item that is out of stock from your web store. It has been observed that members may place items in their cart and take a long time to check out. When this happens, the items they placed in their cart might have already been sold to another member. To show the member an updated store inventory, the member will be asked to refresh their current store session when the following conditions are met:
 Last week’s Tip examined how revenue is recorded on an accrual basis in the Farmigo system. This week’s Tip dives a little bit deeper and reviews how these principles are related to your members’ balances.
Your Farmigo system records revenue when it is earned in order to help you account for the way in which subscriptions are managed. If you are accounting for a one time order, then things are pretty simple. For instance, a customer orders an item for $5 and then pays for that item. When it comes to CSAs though, members commit to receive deliveries for a specific season or on a continual basis. They are not placing a one-time order; they are subscribing to your program. For subscription programs, you need to draw against that prepaid credit as the member receives each delivery. In this case, you want to recognize payment when the goods are delivered since that is when the commitment for the "product" has been attained. The scenarios outlined below examine how these principles are applied for a seasonal system and an ongoing system. For help identifying how your system is set up, click here. Read on to learn more. This week’s tip focus on how revenue is recorded in your Farmigo system. The Farmigo system features accounting tools so that you may track your revenue on an accrual basis. This means that income is recorded when it is earned (learn more). Revenue is considered earned once a member’s order is delivered and recorded as received.
Revenue is realized at the time of delivery in order to account for changes that may be made to a member’s subscription between the time that they place the original order and the time that they receive their order. Read on to learn more. (Also, check out Part II & Part III) |
