Type

 

The Type field can be used to classify the type of receipt or disbursement on a journal entry.

The options available in the Type field are dependent upon whether the selected account is a Bank Account, Credit Card, or other detail account, as well as whether a Debit or Credit Amount has been entered. This field is unique for each journal entry. The Type field prints on the GLS Deposit Summary.

The default Type is determined by the following:

• Payment Transaction: The Type field defaults to the selected Receipt Type for the payment.
• Client Funds Transactions: The Type field defaults to Client Funds.
• Cost Transactions: The Type field defaults to None.

 

The following options are available for bank accounts and credit cards, based on whether the amount is a debit or credit:

	Debit	Credit
Bank Account	None Cash Check Credit Card Client Funds EFT Other	None Cash Check EFT Client Funds
	Debit	Credit
Credit Card	None Balance Transfer Chargeback Payment	None Balance Transfer Cash Advance Fee Interest Purchase

 

If the account is a detail account other than a bank account or credit card, then all of the above options are available whether the amount is a debit or a credit.

Note: The Type field cannot be changed if the journal entry has a Status of Cleared or Reconciled; is included on a Deposit Slip; or is displayed as an Unapplied Payment, Account Transfer, or a Progress Fee Payment.

Note: The Type field will change to None if the selected journal entry's Account changes, or if the amount entered is changed from a debit to a credit or vice versa, and the Type is not valid for the change.

See also:

GLS Receipt Information for Payments