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
Create a Charge Category
Select Settings > Charge Category
Click the New Category button in the top left hand corner
Enter a description, category code, and select either Income or Expense
Link Charge Category to the appropriate G/L account and department using drop down fields. Note: Selecting the Account and Department via the drop-down fields on the left will populate the information on the right.
