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Table of Contents

Navigating to Payment Methods

CONFIGURATION > FINANCE APPLICATION > FINANCIAL TRANSACTIONS > SET UP PAYMENT METHODS

What are Payment Methods?

Payment Methods are the options available to customers for paying for Products. The Payment Method is defined during the creation of Payments.

Navigate to Payment Methods and explore existing records via the Summary page.
Click on the link (Name or Number) of the record of your interest to enter the Data Entry page and see more detail.
Use the Actions Menu to create a NEW Payment Method, modify (EDIT) or DELETE an existing one.
Use BACK to return to the Summary page and CANCEL to revert any unwanted changes made to Payment Methods.

Check the Validations & Restrictions Table below for a list of available Actions when working with Payment Methods including each Action's related validation, restrictions and additional information. View the Attributes Table for a comprehensive description of the Payment Methods fields.

Validations & Restrictions Table

Action	Validations	Restrictions	Additional Information
General	Not Applicable	Multiple payment methods can exist in the system but each one should have a unique Name and Alternative Code.	Not Applicable
Create	Mandatory fields must be defined	NotApplicable	Not Applicable
Edit	Mandatory fields must be defined	NotApplicable	Not Applicable
Delete	Not Applicable	Payment Methods cannot be deleted if they are already used by Payments in a 'Draft' Life Cycle State or are classified as an Allowed Payment Method of a Financial Transaction Type.	Deleted Payment Methods are still visible on Payments created using those methods.

Attributes Table

An * indicates a field is mandatory

Name	Description
Main Information
Name*	The name of the Payment Method.
Alternative Code*	An alternative unique code for the Payment Method. Unless otherwise specified, the codes for new Payment Methods default to the Name's initials in capital letters.
Description	The description of the Payment Method.
Log Information
Log Details	The standard set of Log Details information available in all entities.

Related Areas

Page:

Configuring Rejection Reasons
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Configuring Financial Transaction Types
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Configuring Payment Methods
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Understanding the Allocation Principles
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Handling Invoice Due Dates
Page:

Paying an invoice using Quick Pay
Page:

Configuring Financial Transaction Categories
Page:

Managing Financial Transactions
Page:

Configuring Financial Transactions Definitions
Page:

Creating and Sending Invoice Cancellation Details Printout
Page:

Creating and Sending Invoice Details Printout
Page:

Creating and Sending Credit Note Details Printout
Page:

Understanding Financial Transactions
Page:

R9 - Cancelling Invoices

Helpful Links

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CRM.COM Quickstart Manual
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Working with Summary Pages - R18
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Working with Summary Pages
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Working with Summary Pages - R15
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Extracting a Printout from a Data Entry page

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