Update or Retire Payment and Tax Masters
How to Update or Retire Payment and Tax Masters in Muhasib ERP
Overview
This guide will help you update or retire payment terms, account heads/accounts, payment types, or taxes without breaking transactions and reports.
New transactions use updated/active records; historical documents/reports may keep or display current descriptions depending on implementation.
Who can do this
You need access to Relevant Update right; Delete right plus explicit financial approval.
Before you start
Back up the database. Review defaults, items, customers/suppliers, open transactions, balances, integrations, reports, and historical retention.
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/setup → select the relevant master.
Update or Retire Payment and Tax Masters
Step 1: Select the exact record by stable ID/name/number
Step 2: Update description or allowed mapping only after impact review
Step 3: Prefer inactive/retired state for accounts where available
Step 4: Replace active defaults through approved configuration
Step 5: Resolve dependencies through supported source workflows
Step 6: Delete only with explicit approval and after all checks pass
Check your work
Compare and Confirm payment statements, channel reports, ageing/due dates, tax reports, GL, and historical reprints.
Take a moment to check your work before closing the window. This small check can save time later.
If something goes wrong
- Never delete to clear a balance.
- Do not repurpose an existing tax/account for a different legal/accounting meaning.