Setting up Payment Methods
Payment methods in Continia Banking define how you pay your vendors, customer, and employees for products or services. These methods can be assigned to the vendor, customer, and employee cards or directly to purchase documents, ensuring that payments follow the specified method automatically. When you set up your bank accounts with Continia Banking, several predefined payment methods supported by your bank will be imported. It's essential to use these imported methods for vendor payments to ensure compatibility with Continia Banking.
Note
After installing Continia Banking, you must update the payment methods on your existing vendors to those supported by Continia Banking.
You can define default payment settings using the payment methods supported by Continia Banking. These settings include default payment notification templates and the method for notifying vendors. Additionally, you can assign payment reference templates to each payment method and specify default payment methods for different countries or regions.
To set up payment methods in Continia Banking:
Use the
icon, search for Payment Methods, and select the related link.You can now edit payment method information or add a new method. If a required payment method is not available in the default list, your Continia partner should contact Continia to inquire about the possibility of adding it to the default list. Continia maintains the default payment methods to meet bank requirements. On the action bar, select New or select an empty row.
Fill in the required fields (indicated by a red star). Provide the basic information that defines the new payment method.
Enter settings to map the new method to a Continia Banking-supported method.