Payment Method

Expense > Maintenance > Payment Method

Payment Methods can be entered onto expense sheets for informational purposes.  

They serve as a notation to the owner of the document and its Approver about the method of payment used.  Methods could be; cash, check, credit card, etc.

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Entry Fields

Delete Checkbox

To delete the highlighted line, click in the checkbox and press the save button on the Entry Toolbar.

Send to ERP

Select this checkbox if the payment type is reimbursable to the employee or associated Vendor.  When checked, expense lines with this Payment Method will be integrated to the ERP upon Batch Process.  If this option is not checked, then Expense lines assigned to this Payment Method will not be integrated to the ERP upon Batch Process.

Payment Method

Enter up to 20 alphanumeric characters to indicate the method of payment - Cash, Company CC, etc.

Description

Enter up to 60 alphanumeric characters to further describe the payment method - Corporate American Express, Employee Credit Card, etc.  

Vendor Inter-Company

This field is only available when Intercompany is registered to identify a specific company when selecting Vendor.

Require Card Name

When checked and the Payment Method is selected in Expense Entry or Expense Approval the Card Name will be required.

Vendor

Select a Vendor to be associated with the Payment Method. When a user picks this Payment Method on the Expense line, this Vendor will be used in place of the Vendor assigned to the user in Security. If no Vendor is associated to the Payment Method the Vendor assigned to the user in Security will be used.  This option will be available when Expense is interfaced to Accounts Payable.

The Payment Method indicates how the employee is paid for a particular expense line item. This value is not passed to the ERP’s Account Payable module.