Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.
Excerpt
hiddentrue

Learn how you can configure Payment Methods

What does this section cover?

Table of Contents
minLevel2

What are Payment Methods?

A payment method is used to determine the way that customers chose to pay for services or physical goods. Payment Method is defined during the creation of the payment.

Creating, Editing & Deleting Validations & Restrictions

ActionValidationsRestrictionsAdditional Information
General 
  • Not Applicable
  • Multiple payment methods can exists in the system but each one should have a unique name and alternative code.
 
  • Not Applicable
Create
  • Mandatory Fields need to be defined
 
  • Not Applicable
 
  • Not Applicable
Edit
  • Mandatory Fields need to be defined
 
  • Not Applicable
 
  • Not Applicable
Delete 
  • Not Applicable
  •  Payment Payment methods cannot be deleted if they are already used by payments which are still draft or if they are included in the list of allowed payment method in one of the available financial transaction types classified as payment.
  • Deleted payment methods are still visible on payments which were created using those methods.

Payment Methods attributes 

Name

Description

Name*The name of the payment method
Alternative Code*

The alternative code of the payment method. It should be mandatory and unique. On creating a new payment method it should default to the first letter of each word included in the name (in Capitals), if nothing else is specified

DescriptionThe description of the payment method

Defining your own Payment Methods tailored to your company's needs

  1. Navigate to CONFIGURATION > FINANCE APPLICATION > FINANCIAL TRANSACTIONS > SET UP PAYMENT METHODS
  2. Either search for an existing one or from the Top Menu click on NEW

  3. MAIN INFORMATION

    1. Provide information for the following fields

      1. Name
      2. Alternative Code
      3. Description
  4. From the Top Menu click on SAVE
  5. LOG INFORMATION

    Include Page
    Log Information - Global
    Log Information - Global

Deleting Payment Methods

Include Page
Deleting a record - Global
Deleting a record - Global

Panel
namegrey

Related Areas

Filter by label (Content by label)
showLabelsfalse
spacesV4Manual
showSpacefalse
excerpttrue
labelsfinancial-transactions-basics-r7,financial-transactions-advanced-r7,financial-transactions-admin-r7

Panel
namegrey

Popular Labels

Popular Labels
spaceKeyV4Manual
styleheatmap