Payment methods define the way for pay to vendors or pay from customer. The method can vary for each customer or vendor.
Create Payment Method
1, Use search function to find Payment Method and then select New
2. Enter the Payment Method Code and the Description
3, Enter the Due Date Calculation (please refer to the section Due Date Calculation Formula for details)
4. (optional) In the Bal. Account Type and Bal. Account No. fields, you can specify to which account type and number the balancing entry should be posted.
