Managing Payment Methods in 10X ERP
Creating Payment Methods in 10X ERP
Setting up payment methods in 10X ERP allows your businesses to manage transactions efficiently. This process involves defining accepted payment types, configuring settings, and ensuring seamless integration with financial records.
Steps to Create Payment Methods:
- Navigate to Admin>Accounting>Payment Methods.
- Add New Payment Method: Click on + sign in the upper right hand corner of the screen.
- Enter Payment Details: Specify the UI name & internal description (can be the same). Check the
AP Paymentbox if using this method for Accounts Payable. Check theCredit Card Paymentbox if using Stripe for this Payment Method. Publish the new Payment Method. - Accounts Receivable>Payments: Upon entry, all Payment Methods are displayed. Select the Payment Method for the entry.
- Accounts Payable>Payments: Upon entry, only Payment Methods that are set for AP are displayed. Select the Payment Method for the entry.