We noticed the ability to select a payment type while making payments for an invoice. Let’s take a look at how to create and manage your own payment types. These are basically labels used to identify how transactions were made.
Click the ‘Manage Payment Types’ link in the left side menu to view all existing payment types.
Existing types can be edited or deleted from here.
Note: Removing an existing payment type will also remove it from the transaction details it was used in.
To create a new payment type click the ‘Create’ button on top.
The create payment type form has two fields,
- Type: Enter a name for your payment type. This will be displayed everywhere relevant.
- Status: Active payment types will be displayed for selection while making a payment. You can always edit and set a payment type as active from inactive when needed.
To save click the ‘Create’ button.