Charge Categories can be used to describe the types of transactions that you typically manage. Consider cash and non-cash transactions and adjustments as well as Agent Expense categories. Some examples are Annuity, Cash Out, Sale, Procurement Fee, etc

To create a new Charge Category: 

  1. Select Settings --> Charge Category
  2. Click the New Category button in the top left hand corner
  3. Enter a description, category code, and select either Income or Expense
  4. Click Save
  • Each Category should indicate whether it is an Income or an Expense
  • Each Category can be linked to the appropriate G/L account and department using drop down fields. Selecting the Account and Department via the drop-down fields on the left will populate the information on the right
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