--- title: Invoice & Receipt slug: en/invoice-and-receipt description: Information about Invoice & Receipt at NICEPAY image: https://archbee-image-uploads.s3.amazonaws.com/ZHvSjR5ZrsoxwKbJa3xmo/osv1MN8qyQbUuFZiSNpJ1_microsoftteams-image.png icon: {"faIcon":"fa-solid fa-book"} docTags: createdAt: 2022-11-25T07:53:55.000Z --- Invoice or well-known as an invoice bill is a prove given to you after using a product & service from NICEPAY. Those bills sent to you monthly and complete with fee rates detail from products and services already used during the period. # Billing Invoice *** By default, NICEPAY will automatically deduct the Merchant Settlement fund from the transaction with the agreed fee rate together based on PKS (agreement), if Merchant uses an Aggregator as the Settlement type. However, for the Facilitator as Settlement type, deduction of the total Settlement fund according to the fee rate will be executed later if NICEPAY already sends the invoice bill to Merchant first. ## 1. Direct Deduction For every successful transaction, the fee for using the NICEPAY service will apply automatically, and the total fund from your Settlement will be deducted automatically according to the applicable fee. Merchants will still receive detailed invoice bills monthly from NICEPAY. ## 2. Indirect Deduction The fee for using the product and service is accumulated and billed to Merchant monthly. Merchants will receive the detail of every transaction and pay the bill according to the total billed. # Receipt If Merchant have paid a bill for our product and service, Merchant will receive a transaction receipt through the email Merchant previously gave us. ::::hint{type="info"} :::Iframe{code="Please contact NICEPAY Finance Team to acknowledge further about the invoice bill and receipt." iframeHeight="0"} ::: :::: # See also ::::VerticalSplit :::VerticalSplitItem Visit the [Reconcile](docId\:zqqXKTopiGPkMCtcyXiGC) page to find out how to check transaction data related to Merchant business operation. ::: :::VerticalSplitItem Visit the [Balance Deposits](docId\:B3gbWZIFVFxAv30LlQfQp) page to find out information how to complete the transaction related to Merchant business operation. ::: :::: ::::VerticalSplit :::VerticalSplitItem Visit the [Cancel Payment](docId\:DOkvIG-SqLmho-8R_Rq6R) page to find out how to abort transaction on NICEPAY system. ::: :::VerticalSplitItem Visit the [Tax](docId\:ukz0jHKge9g4ULZxJ99OQ) page to find out information related to tax on Merchant business operation. ::: ::::