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checkout method with two merchant business accounts
 
payalSetiya
Jr. Member
 
Total Posts:  2
Joined:  2010-10-27
 

Hello,

I want to implement a functionality where for renting a product I want to give the 80% of the rent amount to rentee and 20% will go to the account of site admin. So i need to set up with two different business accounts in checkout.

Please suggest me any way to do this.

Thanks in advance.

Best Regards,
--Payal

 
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patrickyan
Jr. Member
 
Total Posts:  9
Joined:  2012-06-17
 

One is Merchant/Business Account and the other is Personal Account. My friend tried it.

 
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payalSetiya
Jr. Member
 
Total Posts:  2
Joined:  2010-10-27
 

Can you please tell me how to do this. How to divide the values and pass them to different account?

Any help would be appreciated a lot.

Thanks in advance.

-- Payal

 
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akash986
Jr. Member
 
Total Posts:  5
Joined:  2012-08-08
 

I don’t know how to do this., Frequently entrepreneurs try to process dealings through their personal accounts in an effort to lower your costs and financial institution fees. Unknowingly, they are creating more potential issues for the company in the future like
Skipped Deductions: Co-mingling your business financial with personal makes a clutter of dealings on your account declaration. It is easy to ignore or forget reductions you may be eligible to. Whether you or a cpa will be planning the tax come back, unpleasant documentation will cost more in time, money, and possible missed reductions.

So I advise you to don’t do this.

 
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