Define default accounts

Transactions are recorded to a default set of accounts based on the type of transaction. For example, online payments and manually entered payments are recorded against a different account for identification in the general ledger.

To get started with default accounts, navigate to Billing management, select Billing and then choose Settings in the navigation. On the in-page navigation, select Transaction rules.

To edit default accounts:

1. Select Edit under Default accounts

2. There are multiple types of fields to fill out:

   1. Account number and Account name:
      The identifier and reference name for the account.

   2. Project ID and Project description:
      If projects have been enabled for your school, you can provide the identifier and reference description for specific project segments.

3. Once complete, select Save and Close.

Types of default accounts: