Usage options

Tick the relevant checkboxes that are required for the Transaction Type, i.e. tick to allow the option.

• Transaction Entry Allowed - used in the Transaction Entry Batch wizard.

You must tick this checkbox for any of the following sub-items to be updated.

• Credit Interest - tick to use this Transaction Type for Credit Interest - this option is for Deposit Accounts only.
• Default Auto Post Withholding Tax - allow Withholding Tax to be automatically posted.

Withholding Tax is calculated and deducted, based upon, the Gross Value entered and the Account's Tax Category 'As at' the Transaction date.

• Allow user to update Auto Post Withholding Tax - allow the user to select the 'Automatically post Withholding Tax' checkbox within the Transaction Entry screen. If unticked, the checkbox will not be selectable for the user.
• Show Element column - allow Batch Entry to include multiple elements in the same Batch. Elements are restricted to the same 'type', e.g. Payments, Journals etc., as the batches Transaction Type.
• Allow Disbursement Entry - allow Disbursement Entries on the Transaction Entry screen.

• Single Transaction Entry allowed - used for HTML Widgets and controls which individual Transaction Types can be selected from the Account Transaction drop down list.

• Bank Transactions allowed - used in Bank Transactions. This checkbox is only available if the Element defined on the 'General' page is a Bank Element type, e.g. Payment Received, Withdrawal.

You must tick this checkbox for any of the following sub-items to be updated.

• Bank Entry Allowed - used when creating a Bank Transaction batch.
• Account Payment wizard allowed - used in the Account Payment Wizard. This checkbox will only be available if the Element Type is Payment Received.
• Account Refund wizard allowed - used in the Account Refund Wizard. This checkbox will only be available if the Element Type is Refund.
• Account Withdrawal wizard allowed - used in the Account Withdrawal Wizard. This checkbox will only be available if the Element Type is Withdrawal.
• Account Close wizard allowed - used in the Account Close Wizard. This checkbox will only be available if the Element Type is Payment Received.
• Allow any Element - allow a mix of 'Payments Received', 'Investments', 'Additional Investments' and 'Withdrawals' to be entered or imported in the same batch.

• User must enter a Batch Total - used if a batch total is to be manually entered and balanced for this transaction type.

• Allow partial commit of Batches - commits only valid transactions, leaving invalid transactions, e.g. invalid codes, quote loans etc., in the batch. The remaining transactions must then be edited before committing.

The benefit of a Partial Commit includes better data concurrency, i.e. multi-user response and the ability to commit all valid transactions leaving only those that need attention. However, partial commits are slightly slower and have the possibility of being partially committed leaving valid and non-valid transactions, when a database locking error occurs.

Other options

• If applicable, default 'Print Receipt/Advice' as checked - used where a receipt or advice is to be printed automatically when processing an Account payment. When processing the Account Payments, there is an option of unticking the Print Receipt checkbox, but it will be ticked automatically for the next transaction.