Payment Type

💳 Payment Type

The Payment Type section allows you to manage the accepted methods of payment for payroll, reimbursements, or customer transactions. Keeping this list updated ensures accurate reporting and processing.

🔍 What You Can Do Here

• Add new payment methods

• Edit existing entries (e.g., rename or correct spelling)

• Delete outdated or unused payment types

🧾 Fields Displayed

• Payment Type – Specifies the mode of payment (e.g., Cash, Bank Transfer, Credit Card)

• Action – ✏️ Edit / 🗑️ Delete the entry

🛠️ Action Buttons

• ✏️ Edit – Update the name of a payment method

• 🗑️ Delete – Remove the payment method if no longer in use

💡 Tips

• Align payment types with your accounting or POS system for consistency

• Avoid duplicate names (e.g., “Credit Card” vs “credit card”) to prevent confusion

• Regularly review to ensure the list includes only actively supported methods