A Payment Method is an indication of what was used to purchase an item. Examples of Payment Methods include Company Credit Cards, Personal Credit Cards and Petty Cash. These can be used to identify transactions paid for in a specific way.
Note: this functionality is only available for Business Plus and Premium Dext Prepare Accounts, or Streamline and Optimize partner accounts. Find out more about the different Dext Prepare products here.
The section where you can add and manage Payment Methods is under the Lists menu on the side-bar.
Payment Methods can also be imported from specific integrated Accounting Software. In some cases, it may be necessary to link Payment Methods to specific Bank Accounts before you can publish transactions with these payment methods.
See other articles in this section to find out:
- How to set up Payment Methods in different contexts
- How to link Payment Methods to Bank Accounts
- How to set up rules that take effect whenever transactions from specific Payment Methods are submitted