Manage Transaction Types

In Student Management, transaction types are used to associate a transaction to a fee. For example, if you want to associate enrollment transactions to a fee, then create a transaction type called Enrollment Fee.

You can use these seeded transaction types, or as a reference to create your own:.

• HES Class Enrollment

• HES Fee Adjustment

• HES General Fee

• HES Miscellaneous

Note: Credit memos are downward adjustments to a charge. An example of a credit memo is financial aid credit. Credit memos have a negative sign.

To create a transaction type:

1. Sign in as FINUser.

2. In the Setup and Maintenance work area, go to the Manage Transaction Types task:

   • Offering: Financials

   • Functional Area: Customer Billing

3. Click Create.

4. Fill out these fields with values that are appropriate for your institution.

   • Transaction Type Set. This refers to a reference data set.

   • Name

   • Description

   • Transaction Class

   • Transaction Status

   • From Date

   • Creation Sign

   • Print Option

5. Click Save and Close.

6. Repeat steps 3-4 to create other transaction types.