Use this activity to enter payment type groups. Payment type groups are used to cluster similar payment types. Attributes (such as ledger item ID, bank transaction code, customer/supplier ID, customer/supplier name) can be selected for payment type groups and the values in them need to be identical between cash and bank statement transactions to be selected during automatic matching.
There are no prerequisites.
The matching of transactions in the bank reconciliation process will differ according to the payment group the payment type belongs to.