Purpose: Accurate recording of payment methods is crucial for financial integrity and success, ensuring that financial statements are reliable, maintaining compliance with regulations, and enabling precise tax reporting.
Record all payment methods currently in use for recording both manual and online payments and facilitate all required forms of payments in and out.
Profile icon > Settings > Finance > Payment methods > View
Add a payment method
Payment method - Type name > Add payment method
Locate payment method in list > Edit > Amend name > Save payment method