Setting Up Financial Management › Financial Classes › Transaction Classes › Create Transaction Classes

Create Transaction Classes

Follow these steps:

1. Open Administration, and from Finance menu, click Setup.

   The financial organizational structure appears.

2. Click Transaction Classes.

   The list page appears.

3. Click New.

   The create page appears.

4. Complete the following fields:

   Transaction Class

   Defines the unique ID for the class. This field is display-only after the class is created.

   Limits: Eight characters.

   Description

   Defines the detailed description of the class.

   Short Description

   Defines the short description of the class.

   Transaction Type

   Defines the transaction type. This field is display-only when editing the class.

   Values:

   • Labor
   • Materials
   • Equipment
   • Expense

5. Save the changes.

More information:

Transaction Classes

Financial Classes