Adding Transaction Groups

Transaction groups are required for defining the transaction code type for transaction codes linked to the group via a subgroup. You can define tax generates at the group level per property; all transaction codes linked to the group will inherit the generates in the group.

Use the following steps to create transaction groups:

1. From the Administration menu, select Financial, select Transaction Management, and then select Transaction Groups.
2. If MHOT is active, select the template tab.
3. Click New.
4. Select the transaction group type:
   1. Revenue. Defines the group as Sales (revenue and non-revenue) Charges.
   2. Payment. Defines the group as Payment.
   3. Wrapper. Defines the group as Wrapper (package). Only 1 group is required.
5. Enter an alpha-numeric Code .
6. Enter a Description of the transaction group
7. Optionally enter a display sequence for the code when displayed as a list.

Related topic: Generates