To define a rent payment type parameter value

The procedure to define a rent payment type parameter value is as follows:

1. Navigate to Quick Menu > Rents > Configuration > Rent Configuration Settings. The Rent Configuration Settings window is displayed.
2. Click on Payment Types. The Payment Types tab is activated.
3. Click on Add Payment Type. All fields are activated ready for data entry.
4. Enter a Payment type description into the field provided e.g. Direct Debit, Standing Order, Cheque, PayPal, Cash, etc. 1.
5. Multi-select the required attributes for the payment type by activating the tick boxes provided. An explanation of each available attribute is summarised in the table below.
6. Using the Auto post to account type drop-down field, select an appropriate parameter value i.e. the default account type into which all associated payments should be posted.
7. Choose an Effective from date for this payment type i.e. the date on which it came into effect 2.
8. Choose an Effective to date if the payment type status is to be reviewed on a specific date or to capture a change of circumstances; a blank field means the payment type will never expire.
9. Click on Save 3.

Note

1 System validation rules ensure that the description entered for each new payment type is unique for the effective period.

2 The Effective from date defaults to the current system date and cannot be left blank.

3 To amend the details of an existing parameter, select a payment type from the alphabetical list or enter its name into the Search Payment Types field. By default the list is filtered to show Current payment types. An alternative filter can be applied using the Select view drop-down field: Expired, Future or All combinations. Only a limited number of fields can be updated once a record has been created.

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System parameters overview

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