You can specify the usual types of transactions made in the Transaction Types.
Steps are as follow:
1. Select Custom Transaction in TRANSACTION submodule. You will be shown a list of transaction types.
2. Click “+ ADD” button to add new transaction. Display screen will appear as follow:
3. Enter Name, Code and Description for the transaction.
Note: Code will be used as part of transaction reference number. Therefore, it is recommended for Code to be 2 or 3 characters only (Example: AA or AAA).
4. Select the right account for Debit and Credit purpose.