{"id":20060,"date":"2020-07-01T08:36:31","date_gmt":"2020-07-01T08:36:31","guid":{"rendered":"http:\/\/www.greytrix.com\/blogs\/sagex3\/?p=20060"},"modified":"2020-07-01T08:36:34","modified_gmt":"2020-07-01T08:36:34","slug":"how-to-control-payment-sign-expenditure-or-revenue","status":"publish","type":"post","link":"https:\/\/www.greytrix.com\/blogs\/sagex3\/2020\/07\/01\/how-to-control-payment-sign-expenditure-or-revenue\/","title":{"rendered":"How to control payment sign (Expenditure or Revenue)"},"content":{"rendered":"\n<p>In sage X3, under Payment entry type we can\ndefine characteristics and the methods for different payment transactions. We\ncan also control the sign of payment to be Revenue, expense or we can keep it\nas unspecified and differentiate that value based on our payment entry.<\/p>\n\n\n\n<p>Path: All>Setup>A\/P-A\/R accounting>Payment entry type<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"491\" height=\"321\" src=\"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2020\/07\/Payment-entry-Type-2.png\" alt=\"\" class=\"wp-image-20065\" srcset=\"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2020\/07\/Payment-entry-Type-2.png 491w, https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2020\/07\/Payment-entry-Type-2-300x196.png 300w\" sizes=\"(max-width: 491px) 100vw, 491px\" \/><figcaption>Payment entry Type<\/figcaption><\/figure>\n\n\n\n<p>Also in payment attribute, under accounting\nsign we can specify the posting sense of the payment lines entered.<\/p>\n\n\n\n<p>Below are the three options available in accounting sign<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"264\" height=\"251\" src=\"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2020\/07\/Payment-Attribute.png\" alt=\"\" class=\"wp-image-20062\"\/><figcaption>Payment Attribute<\/figcaption><\/figure>\n\n\n\n<p>Path: All&gt;Setup&gt;A\/P-A\/R\naccounting&gt;Payment <\/p>\n\n\n\n<p>Payment sign: will depend on the payment Sign\n(Expenditure or Revenue)<\/p>\n\n\n\n<p>The amounts entered for this payment\nattribute are considered as being Expense or revenues based on the payment\nentry sign.<\/p>\n\n\n\n<p>Revenue: Irrespective of the payment sign,\nwill be considered as a revenue<\/p>\n\n\n\n<p>The amounts entered for this payment\nattribute will always be considered as Revenue, irrespective of the payment\nsense<\/p>\n\n\n\n<p>Expense: Irrespective of the payment sign,\nwill be considered as an expense<\/p>\n\n\n\n<p>The amounts entered for this payment\nattribute will always be considered as Expense, irrespective of the payment\nsense.<\/p>\n\n\n\n<p>Hope this blog helps in posting your\npayment effectively without unbalanced error message!<\/p>\n\n\n\n<p><strong>About Us<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.greytrix.com\/\">Greytrix<\/a> &#8211; a globally\nrecognized Premier Sage Gold Development Partner is a one-stop solution\nprovider for Sage ERP and Sage CRM needs. Being recognized and rewarded for\nmulti-man years of experience, we bring complete end-to-end assistance for your\ntechnical consultations, product customizations, data migration, system\nintegrations, third-party add-on development and implementation expertise.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.greytrix.com\/\">Greytrix<\/a>&nbsp;caters to a wide range\nof Sage X3 (Sage Enterprise Management) offerings &#8211; a Sage Business Cloud\nSolution. Our&nbsp;unique GUMU&#x2122; integrations include <a href=\"https:\/\/www.greytrix.com\/product\/sage-crm\/gumu-sage-x3-integration\">Sage X3 for Sage CRM<\/a>,&nbsp;<a href=\"https:\/\/www.greytrix.com\/product\/sage-x3\/gumu-x3-salesforce-integration\">Salesforce.com<\/a> and&nbsp;<a href=\"https:\/\/www.greytrix.com\/product\/magento-sage-integrations\/sage-x3-magento\">Magento eCommerce<\/a>&nbsp;along with\nImplementation and Technical Support worldwide for <a href=\"https:\/\/www.greytrix.com\/africa\/product\/consulting\/implementation-planning\">Sage X3<\/a> (Sage Enterprise Management). Currently\nwe are <a href=\"https:\/\/www.greytrix.com\/africa\">Sage X3\nImplementation Partner<\/a> in East Africa, Middles East, Australia,\nAsia.&nbsp;We also offer best-in-class&nbsp;<a href=\"https:\/\/www.greytrix.com\/product\/erp-development\/sage-x3\">Sage X3 customization and development services<\/a>,&nbsp;integrated applications\nsuch as <a href=\"https:\/\/www.greytrix.com\/product\/sage-enterprise-management-integration-services\/pos-system\">POS<\/a> | <a href=\"https:\/\/www.greytrix.com\/product\/sage-enterprise-management-integration-services\/warehouse-management-system\">WMS<\/a> | <a href=\"https:\/\/www.greytrix.com\/product\/sage-enterprise-management-integration-services\/payment-gateway\">Payment Gateway<\/a> | <a href=\"https:\/\/www.greytrix.com\/product\/sage-enterprise-management-integration-services\/shipping-system\">Shipping System<\/a> | <a href=\"https:\/\/www.greytrix.com\/product\/sage-enterprise-management-integration-services\/business-intelligence\">Business Intelligence<\/a> | <a href=\"https:\/\/www.greytrix.com\/product\/sage-x3\/ecommerce-magento-integration\">eCommerce<\/a> and have developed\nadd-ons such as <a href=\"https:\/\/www.greytrix.com\/product\/sage-enterprise-management-add-ons\/catch-weight\">Catch \u2013 Weight <\/a>&nbsp;and <a href=\"https:\/\/www.greytrix.com\/product\/sage-enterprise-management-add-ons\/letter-of-credit\">Letter of Credit<\/a> for Sage X3 to Sage\nbusiness partners, end users and Sage PSG worldwide.<\/p>\n\n\n\n<p>Greytrix is a recognized <a href=\"https:\/\/www.greytrix.com\/blogs\/sagecrm\/2017\/07\/26\/greytrix-on-boards-sage-global-rockstar-isv-program-with-gumu-for-sage-crm-sage-x3-solution\/\">Sage Rockstar ISV Partner<\/a> for GUMU&#x2122; Sage X3 &#8211; Sage\nCRM integration also listed on <a href=\"https:\/\/www.sage.com\/marketplace\/asb_ListingDetail?listingId=a1h24000007PC3aAAG\" target=\"_blank\" rel=\"noopener\">Sage Marketplace<\/a>; GUMU&#x2122; integration for\nSage X3 &#8211; Salesforce is a 5-star app listed on <a href=\"https:\/\/appexchange.salesforce.com\/listingDetail?listingId=a0N30000000psM5EAI\" target=\"_blank\" rel=\"noopener\">Salesforce AppExchange<\/a>. <\/p>\n\n\n\n<p>For more information on Sage X3 Integration and\nServices, please contact us at&nbsp;<a href=\"mailto:x3@greytrix.com\">x3@greytrix.com<\/a>. We will be glad to assist you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In sage X3, under Payment entry type we can define characteristics and the methods for different payment transactions. We can also control the sign of payment to be Revenue, expense or we can keep it as unspecified and differentiate that value based on our payment entry. Path: All>Setup>A\/P-A\/R accounting>Payment entry type Also in payment attribute,\u2026 <span class=\"read-more\"><a href=\"https:\/\/www.greytrix.com\/blogs\/sagex3\/2020\/07\/01\/how-to-control-payment-sign-expenditure-or-revenue\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2505,2573,2915,2948],"class_list":["post-20060","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-payment-attribute","tag-payment-screen","tag-payment-sign","tag-sign"],"_links":{"self":[{"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/posts\/20060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/comments?post=20060"}],"version-history":[{"count":3,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/posts\/20060\/revisions"}],"predecessor-version":[{"id":20067,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/posts\/20060\/revisions\/20067"}],"wp:attachment":[{"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/media?parent=20060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/categories?post=20060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/tags?post=20060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}