Connect Payment Type Groupings to Payment Institutes

Explanation

Use this activity to define which payment type groups are to be used for each payment institute. For each payment type group, attributes will be specified which will be used by the system when automatic matching is performed.

Prerequisites

Payment institutes and payment type groupings must exist.

System Effects

During automatic matching, system will consider the attributes specified per payment type group to match cash and bank transactions.

Window

Payment Institutes

Related Window Descriptions

Payment Institutes, Matching Attributes

Procedure

To connect a new payment type grouping to a payment institute and define attributes for the payment type grouping;

  1. Open the Payment Institutes window. Use either Query or Populate to find your payment institutes. Select a payment institute line, right-click and select Payment Type Groupings per Payment Institute.
  2. The  Payment Type Groupings per Payment Institute window will be displayed. Create a new record and enter a payment type group by using List of Values.
  3. Select the payment type group line you entered, right-click, and select Attributes for Auto Matching.
  4. The Automatic Matching Attributes dialog box will be displayed. Select relevant attributes for the payment type group  that needs to be identical when cashbook transactions are automatically matched with bank statement transactions. 
  5. Save the information.

To modify attributes specified for a payment type grouping;

  1. Open the Payment Institutes window. Use either Query or Populate to find your payment institutes. Select a payment institute line, right-click and select Payment Type Groupings per Payment Institute.
  2. The  Payment Type Groupings per Payment Institute window will be displayed. Select the payment type grouping that you want to modify attributes, right-click, and select Attributes for Auto Matching.
  3. The Automatic Matching Attributes dialog box will be displayed. Select relevant attributes for the payment type group that needs to be identical when cashbook transactions are automatically matched with bank statement transactions.
  4. Save the information.