Infusion includes a number of predefined Banking Methods.
These banking methods are provided as part of the system and cannot be deactivated.
In addition, most fields associated with these methods are read-only and cannot be edited.
The following Banking Methods are available by default:
- Cash
- Direct Credit
- Direct To Bank
- EFTPOS
The only editable field for a system-controlled Banking Method is Available in POS Banking.
Add a Banking Method
In Banking Methods, select +Add. A new window will open. Enter the code and name of the new banking method and Save.
Include in Bank Deposit
Turn on Include in Bank Deposit when receipts or payments for that method should be banked through Financials > Bank Accounts > Bank Deposits
- Banking methods with this toggle on appear in the Banking Method drop-down on a bank deposit.
- Banking methods with this toggle off are omitted from that list.
Direct to bank is a system banking method that has Include in Bank Deposit turned off by default, because those payments are recorded directly to the bank rather than held in undeposited funds.
Available in POS Banking
Turn on Available in POS Banking when staff should be able to count and reconcile that method during POS Cashup.
- Methods with this toggle on appear in the banking method totals on an unposted cashup.
- Methods with this toggle off are not offered on new or unposted cashups.
- You can change this toggle on system banking methods as well as custom ones. For example, you might turn it off for Cheque if your organisation does not accept cheque payments at the point of sale.
If you turn off Available in POS Banking for a method that is already used on an unposted cashup, you may not be able to post that cashup until the affected transactions are resolved.
Edit and delete a Banking Method
Select a row within Banking Methods to open the details page. Select Edit or … More Options. Choose either to edit, deactivate or delete the record respectively. Save to complete.
Bank Methods are only able to be deleted if they have not been used.
Deactivate a Banking Method
In Banking Methods, select the spill button at the end of the row and choose Deactivate.
The payment method will now display an Inactive badge:
Payment methods can only be deactivated as long as there are no pending or undeposited funds against that payment method.
A Banking Method can be reactivated by toggling the slider again.
