Creating Transaction Subtypes

Transaction Subtypes are further categorizations that can be added to transactions. They allow for grouping or further breakdown of transactions with the same type. This is useful for creating more detailed reporting.

Instructions

1. Go to to Settings in the navigation bar, then Charges / Credits
2. Ensure you are on the Sub-types tab of this menu
3. Select Add sub-type
4. Fill required form fields
   1. Label: How the subtype will show on reports
   2. Transaction Type: The main type of transaction this subtype will be under
   3. Amount Type / Default Amount: Default settings for the charge when added to an account
5. Once satisfied, select Save

Result

• When adding a charge or credit to an account, the subtype can now be selected to assign default values and categorize the charge
• Subtypes can be assigned to tiers of rate structures to provide breakdowns of service charges