Payment Methods

This is the way in which an amount of money is paid. For example by cash, cheque, visa, mobile money( i.e Mpesa) and EFT.

NAME– This is simply the payment method i.e cheque

PAYMENT TARGET– This is simply the payment method. i.e cheque

BANK ACCOUNT– this is where paid payments are deposited. i.e KCB BANK ACC

PAY TYPE-This could either be an OUTGOING PAYMENT, INCOMING PAYMENT or BOTH.

DESCRIPTION- A description is necessary to show what the payment is about for easy future reference. cheque

  1. Setup of Payment Methods
  2. Select Payment Methods e.g.  Cheque , EFT etc.
  3. Navigate and click on the ADD button
  4. Fill in the Name, description, bank account, pay type, Payments target and SAVE

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