Create Payment Codes

TMS comes with several standardized Payment codes. You can also create a new Payment code or edit an existing, user-entered Payment code on the Contracts Codes Setup screen (Setup > Contracts > Codes).

To create a payment code, follow these steps:

1. In the Setup menu, go to Contracts > Contract Payment Codes

2. Make sure the Segment drop-down menu shows the correct segment

3. Make sure the Code List displays Payment Method Codes

4. Click New Code

5. In the Code field, enter a code to represent this payment type

   For example: PO for a purchase order

6. In the Description field, enter a brief description of the payment type

   For example: Purchase Order

7. Optional) By default, the options to show the code are checked but to hide the code in New and Edit, uncheck Show in New/Edit

8. To hide the code in Query, uncheck Show in Query

9. Click Save to add the new code.

To edit an existing code, select the Edit button (the pencil icon) next to the code. To delete an existing code, select the Delete button (the red X) next to the code. Codes that are associated with an existing record cannot be deleted.