Adding an account

In Infor POS Enterprise Manager, an account is used to record information about payment tender options. Use an account to track assets, liabilities, revenue, and expenses generated by the payment tender option.

  1. Select Configuration > Groups > Accounts.
  2. Click Add Account
  3. Specify this information:
    Account Name
    Specify the name of the family group.
    Account Code
    If you are using an accounting software, specify a partner ID.
    Account Type
    Select one of these:
    • Asset

      Select this option to record resources owned or controlled by your company.

    • Liability

      Select this option to record resources owed by your company such as taxes.

    • Revenue

      Select this option to record resources that generate revenue.

    • Expense

      Select this option to record expenses for producing products and services.

    Active
    Select this check box to enable the account in the selected revenue center.
  4. Click Save.
    Note: After an account is created, it cannot be deleted. For details, contact your Infor POS Enterprise Manager representative.