Finance Types are used when creating a Deposit or Payment transaction to describe the method in which the money was transferred in the Finance system. Some common examples include Cash, Check, and University Transfer. Some campuses even create Finance Types to represent specific procurement cards so that they can more easily cross-reference credit card reports with organization finance history later.
Adding a new Finance Type
Head to the Admin view and select the Finance drop down, then choose Finance Types under the Settings heading.
Existing Finance Types are displayed on this page, as well as a space to name and add a new Finance Type.
Editing or Removing Finance Types
To edit an existing Finance Type, select the name from the list on the left hand side. Make your desired edits, and select Save to return to the list with your updated option.
To delete an existing finance type, select the red X to the right of the finance name. From the next page, you'll need to select which Finance Type will need to replace the existing one assigned to any requests with that type. Once you've made your selection, simply hit Save to return to the types list.