Set a default account for a particular payment method.

To establish a default account for a particular payment method, such as Check, and streamline the process of recording cash sales with that payment method, followed by automatic deposit into a chosen default account, follow these steps:

1. Start by navigating to the ‘Setup’ menu and select ‘Accounting’ within it. Then, proceed to ‘Accounting Lists.’
2. At the bottom of the page, locate the ‘Type’ filter and set it to ‘Payment Method.’
3. Find the Payment Method you want to configure, for instance, VISA, and click on ‘Edit’ next to it.
4. Within the Payment Method settings, look for the ‘Deposit To’ section. Here, select the desired account where you want the payments to be deposited, such as your Checking Account.

By following these steps, any new cash sales transactions recorded with the specified payment method (Check) will be automatically directed to the chosen default account, simplifying your accounting process.