To create a new category:
The New Category screen appears.
|Name||Give your Category a name.|
|Code||You have the option to now give your Category a code. This may be a shorter name.|
|Default Account||Choose from the accounts that you have set up as the default account for this Category. This can be overridden for one-off transactions.|
|Allow Payment Configuration||Tick this box if you will be allowing this category to be given a payment configuration – that is, allowing it to be paid over a period of time.|
|Description||Enter a more detailed description if you desire.|