Create a Payment Account
How to Create a Payment Account in Muhasib ERP
Overview
This guide will help you create an active cash, bank, card, wallet, or other account for receiving/disbursing funds.
The account becomes available for payment types, transactions, transfers, vouchers, and statements; opening balance may create financial entries.
Who can do this
You need access to Payment Account Add; Account Head/Chart of Accounts access where needed.
Before you start
Create account head and GL account. Get approved account name/number, description, active state, and opening balance.
Before saving, check that the correct company is open and that you have permission to complete this task.
Where to find it
Back Office → Muhasib Financials → Payment Accounts.
Create a Payment Account
Step 1: Choose New Record
Step 2: Enter Account Name and Account Number
Step 3: Select Account Type/head
Step 4: Enter Description
Step 5: Select Default GL Account when available
Step 6: Enter Opening Balance only from an approved schedule
Step 7: Set Is Active and save
Check your work
Compare and Confirm Payment Account Statement/Activity, Account Ledger, and Trial Balance.
Take a moment to check your work before closing the window. This small check can save time later.
If something goes wrong
- Do not duplicate an account because it is inactive or unavailable by permission.