Examples of Common Payment Segment Types

The following table shows several classic payment segment types used by many organizations:

Payment Segment Type

Payment Segment

Financial Transaction Algorithm

Normal payment (if you practice accrual accounting). Refer to Accrual versus Cash Accounting for more information.

Payoff = Pay Amount / Current = Pay Amount (no cash accounting)

Normal payment (if you practice cash accounting). Refer to Accrual versus Cash Accounting for more information.

Payoff = Pay Amount / Current = Pay Amount (plus Cash Accounting)

Charity payment

Payoff =0 / Current = Pay Amount (the GL is affected)

Where Used

Follow this link to open the data dictionary where you can view the tables that reference CI_​PAY_​SEG_​TYPE.