Payment methods

The payment methods determine the payment procedure for an automatic payment transaction, e.g. bank transfer, salary. When creating new suppliers, for example, these can be selected and assigned to the supplier.

Under Master Data Management → Master Data → Payment Methods, you can maintain the payment methods valid for your organization.

• No.: the payment method number. This field is a mandatory field and must be filled in.

• Title: the number path Title. This field is a mandatory field and must be filled in.

• Description: in this field you can enter the payment method description, which explains the payment method in more detail.

• Settings /default status (will be preset on new creation): if you activate this option, the default payment method will be preset for each newly created supplier.