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Posted to issues@fineract.apache.org by "Anu Omotayo (Jira)" <ji...@apache.org> on 2021/10/18 22:19:00 UTC

[jira] [Updated] (FINERACT-1412) Mapping an expense ledger to a payment type

     [ https://issues.apache.org/jira/browse/FINERACT-1412?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Anu Omotayo updated FINERACT-1412:
----------------------------------
    Summary: Mapping an expense ledger to a payment type  (was: Mapping Expense ledgers to Payment Type)

> Mapping an expense ledger to a payment type
> -------------------------------------------
>
>                 Key: FINERACT-1412
>                 URL: https://issues.apache.org/jira/browse/FINERACT-1412
>             Project: Apache Fineract
>          Issue Type: New Feature
>          Components: Accounting
>    Affects Versions: 1.5.0
>            Reporter: Anu Omotayo
>            Priority: Major
>
> Currently payment types can only be mapped to Asset GLs in the product setup. 
>  
> We however require that payment types can be mapped to expense GLs as well. This is necessary for the following transaction scenarios
> 1. When paying commission to a savings account. 
> 2. When paying a vendor (that has an account with the bank) for supplies to the bank.  
> For both transaction scenarios above, an expense GL is debited while a customer savings account is credited.



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