Configuring default payment settings
This article explains the different ways you can configure default payment settings within ExpensePlus.
In this article:
You can configure default payment settings, for example to specify which bank account is used by default:
- as default for all payments
- for transactions from specific funds
Within the Invoicing module, it's possible to set default allocation of invoice income by Invoice Profile. For more information, please see this article.
The default Fund setting will override the Default Payment setting.
Configuring default payment settings for all payments
-
Within the Bank & Cash Account Settings screen, click the 'Default Payment Settings' button at the top of the screen.
- In the 'Default Payment Settings' pop-up, for each of the payment methods (business card, bank transfer, cheque), select the default payment bank account
Configuring default payment settings by fund
You can specify a bank account to be used as your default payment account for each of your funds.
To update this, you will first need to change the setting for 'cross fund payment grouping'.
You can access Payments Settings from the System Settings screen or the Payments screen.
Click on the 'Edit' button (pencil icon) to edit the setting. Set it to 'prevent' (rather than 'allow').
Then, go to Settings > Fund Settings, and click on each fund in turn. In the 'Fund Details' pop-up that appears, choose a bank account to be the default for that fund.
To help you better understand the Payments module as a whole, please visit the module overview page here.