How to: Set Up Payment Classes
To use payment management, you must set up payment classes to define operation types, such as bills of exchange, electronic payments, or checks.
To set up a payment class
In the Search box, enter Payment Slip Setup, and then choose the relevant link.
In the Payment Class window, on the Home tab, choose New.
Fill in the fields as described in the following table.
Field Description Enable
Select to enable usage of the payment class.
Code
The unique identification code for the payment class.
Name
The payment class description.
Header No. Series
The number series code for the payment slip header.
Line No. Series
The number series code for the payment slip lines. If you leave this field blank, the number for each payment line is created based on the payment header number.
Suggestions
The type of payment proposals that can be created automatically on a payment slip.
Unrealized VAT Reversal
Specify the method to handle unrealized VAT.
If you select Application, VAT will be realized when you post the invoice application and payment application.
If you select Delayed, you must define the payment step during which VAT must be realized, by selecting the Realize VAT field in the Payment Step Card window. For more information, see Realize VAT and Payment Step.
SEPA Transfer Type
Specify the SEPA export format, either Credit Transfer or Direct Debit.
For more information, see Payment Class.
Choose the OK button.
See Also
Tasks
How to: Set Up Payment Statuses
How to: Set Up Payment Steps
How to: Set Up Payment Addresses
How to: Export or Import Payment Management Setup Parameters
How to: Create Payment Slips
How to: Post Payment Slips
How to: Archive Payment Slips
Reference
Payment Class
Payment Class
Realize VAT
Payment Step