The payment type make the connection between a descriptive payment type and a account code.
isPay is a flag to indicate a payment, so outgoing amount equals 'Y' or incoming equals 'N' .
isAppl is a flag to indicate if the payment needs to be applied to and invoice, Y or N or E for either, so both.
Payment Type | description | glAccount name | isPay | isAppl |
---|---|---|---|---|
PtDisbursement | Disbursement | Retained Earnings | Y | E |
PtFinancialAccount | Financial Account Transaction | Financial Account Deposits | N | E |
PtFinancialAccount | Financial Account Transaction | Financial Account Withdrawals | Y | E |
PtInvoicePayment | Invoice Payment | Accounts Receivable - Unapplied Payments | N | N |
PtInvoicePayment | Invoice Payment | Accounts Receivable | N | Y |
PtInvoicePayment | Invoice Payment | Accounts Payable - Unapplied Payments | Y | N |
PtInvoicePayment | Invoice Payment | Accounts Payable - Operating | Y | Y |
PtPrePayment | Pre Payment - Expense | Accts Receivable - Unapplied Payments | N | N |
PtPrePayment | Pre Payment - Expense | Accounts Receivable | N | Y |
PtPrePayment | Pre Payment - Expense | Prepaid Expenses | Y | N |
PtPrePayment | Pre Payment - Expense | Accounts Payable - Operating | Y | Y |
PtPrePaymentInventory | Pre Payment - Inventory | Accounts Received - Unapplied Payments | N | N |
PtPrePaymentInventory | Pre Payment - Inventory | Accounts Receivable | N | Y |
PtPrePaymentInventory | Pre Payment - Inventory | Prepaid Inventory | Y | N |
PtPrePaymentInventory | Pre Payment - Inventory | Accounts Payable - Operating | Y | Y |
PtRefund | Refund | Accounts Receivable - Unapplied Payments | N | N |
PtRefund | Refund | Accounts Payable - Unapplied Payments | Y | N |