Receipt Classes and Methods Setup

Receipt Classes and Methods

Receipt Class Setup:

Defining Receipt Classes to determine the required processing steps for receipts to which receipt methods with this class are assigned. Receivables uses the receipt method assigned to a receipt class to determine how to account for receipts created using this receipt class. For each receipt class  a creation mentioned, remittance method, and whether to require bank clearance for receipts should be specified that assigns to this class.

Responsibility: Receivables Manager
Navigation: Setup > Receipts > Receipt Classes

Select the Bank Accounts button and setup the bank account and GL accounts associated to this method.

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