It is important to set your organisation Financial Settings, these include financial year, default settings and processing preferences.
We will go through each of the settings in Admin > Financial Settings in this series of articles
These default settings will be automatically selected when adding a payment on a contact so the most commonly used can be set here to make it easier for your users.
Financial Year Start- Set the start date of the financial year your organisation uses
Financial Year End- Set the end date of the financial year your organisation uses
Default Bank Account- Select the preferred default bank account from the dropdown
Add/Edit Accounts- Click to manually add or import bank accounts from Xero:
If you have not connected your Xero, follow the instructions here. Click Import bank accounts from Xero to see a list of your available accounts and then click Import.
You are also able to manually add bank accounts by completing the information in the pop-up and then click Save. Any new bank accounts added will then be available to choose from the dropdown to use as the default.
Default GL Code- Select the preferred default GL Code from the dropdown
Add/Edit GL Codes- Click to manually add or import GL Codes from Xero:
If manually adding GL Codes, a pop-up will be displayed for you to enter the relevant information:
Default Campaign- Select the preferred default campaign from the dropdown
Add/Edit Campaigns- Click to be taken to the Engage tab to create a new campaign which can then be used as the default. See more on adding a campaign here.
Click Save Changes in the top right corner to save any new settings.