In Payment Method you can define and maintain the payment methods used for your organization including which is the default payment method. There are several payment methods setup for each organization to get started but additional payment methods can be added as needed.
The grid view will display each payment methods code, name, and if it is setup as the default payment method.
You can print or download a list of payment methods using the printer or excel icons on the right above the grid view.
You can search for payment methods using their code or name.
There are action buttons on the right for each payment method to edit or delete the payment methods.
When adding a new payment method, or editing an existing payment method, a screen will display allowing you to populate the code, name, payment prefix, payment type and designate if it should be the default payment method. The payment prefix is used with documents such as receipts or checks to coincide with the reference numbers. The payment type will classify each payment method together under four defined payment types, Cash, Check, Electronic, & Other.