Setting Up Payment Types

Use payment types to determine how a transaction was paid and if the partner who created the transaction should be reimbursed.

To set up a payment type:

  1. Open the Payment Types form.
  2. Specify this information:
    Payment Type
    Specify a code for the payment type that is used. Specify a description for the type of payment.
    Vendor
    Select the vendor to use if the partner will not be reimbursed and a voucher needs to be created.
    Reimburse Partner
    Select this check box if the partner is to be reimbursed.
  3. Save the record.
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