Mode of Payment

Mode of Payment defines the payment methods available in YousrERP. These are used when recording payments from customers or to suppliers.

Default Modes of Payment

YousrERP comes with standard modes of payment:

Mode Description
Bank Transfer Electronic bank transfer (SARIE in Saudi Arabia)
Cash Physical cash payments
Cheque Paper cheque payments
Credit Card Payment by credit card
Wire Transfer International wire transfer

Creating a Mode of Payment

  1. Go to Accounting > Mode of Payment and click New.
  2. Enter the Mode of Payment Name.
  3. Set the Type: Bank or Cash.
  4. Select the Default Account (the bank or cash account to which payments are posted).
  5. Click Save.

Using Modes of Payment

Modes of Payment are selected when:

Custom Modes

You can create custom modes for:

  • SARIE Transfers: For Saudi Arabian Riyal Interbank Express transfers
  • Mada: For Saudi debit card payments
  • STC Pay / Digital Wallets: For digital payment methods
  • Letter of Credit (LC): For trade finance