Payment Mode

1.3.6 Payment Mode

To link the Bank Account for use at Receipt Voucher, Payment Voucher & Petty Cash, you are required to

setup the Payment mode

Location	Action	Remark
Setup Activity> Account Module	 Click SETUP activity  Click ACCOUNTS  Click PAYMENT MODE module  Select Mode 1  Click EDIT
	 DESCRIPTION rename to UOB Bank Give a short description. You may setup UOB TT, UOB Giro, etc. if you would like to differentiate and have control over those modes Otherwise, you can keep thing simple by having a single mode for a bank account.
	 TYPE	This set which document transaction the mode is for. Payment/Receipt or Petty Cash.
	 AC is defaulted to CAS1000 UOB AC As this was default setup for Bank 1 123-45678-9 Account, after renaming that account, you can see that it reflect here accordingly.
	 BANK CHARGES A/C is defaulted to EXP1000 Bank Charges	This will set which expense account to post to when there is any bank charges incurred for payment. Example for TT payment. You may leave it blank if this is not required for your case.
	 CHEQUE Tick this box if you would like this mode to issue cheque in your payment.
	 Click UPDATE  Close the module	This is to save your changes.

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