Transaction association - also known as Deduct from Job - allows you to associate deductions (things like card charges) with payments from Xometry.
In the past, when you use the Xometry Advance Card the money that you spend becomes “settleable” 7 days later. That means that the charge will be deducted from your next payout - regardless of whether it’s triggered by FastPay or by accounting - after the 7 day period. This led to some unexpected issues, such as you spending money against job payments that won’t be paid out for another few weeks.
Transaction association gives you the ability to solve this problem by linking together any number of card charges with a payment. Once associated, the card charge will follow the settlement process of the payment and will always be settled at the same time that the payment is settled.
Any number of negative ledger entries can be associated with any positive ledger entry up to the total dollar amount of the positive ledger entry. Once an association is created, the charge cannot be disassociated from the payment without staff intervention.
Charges can be associated with any payment that is not canceled. This means that, for example, a charge could be associated with an in-progress job that’s not currently scheduled for payment.
Once you complete the job, any associated charges will be updated to match the newly assigned settleable date of the job payment. If the job payment is already scheduled for payment (the job has already been completed) then the settleable date of the charge is just set to match the payment’s currently assigned settleable date.