I would like to know how to set the default payment method and default bank account when recording payments in zoho books.
At present we have to change these fields everytime we record a payment, which leads to potential error and as we have a very simple process becomes quite time consuming as it should never need to be changed.
Is there a way to do this easily within zoho books ?
We do not have immediate plans to implement the option to mark cash accounts and credit card accounts as 'Primary' in Zoho Books. However, we will make sure to keep this space updated if there are any enhancements.
How about at least setting "Square Clearing" as the "Deposit to" when "Square" is set or selected as the Payment Method? Seems redundant to have to pick Square Clearing when that's where Square always goes.
Zoho, this would be so easy to do. In the settings, add a table of Payment Types and let the user pick the default Cash Account for each Payment Type. Credit Card, Check, Cash, Authorize.Net, etc.
It's concerning to me that you've stated you are not ever going to implement this. Are you going to stop supporting Books, because this answer implies your development team has moved on to other project/apps.
Certainly not. At Zoho Books, we are continuously working to enhance our application by improving existing features and introducing new ones to better serve our users.
At this point, we are unable to prioritize this request as we are focusing on a different set of tasks. However, I want to assure you that this request has been acknowledged by our development team. We intend to revisit it in the future and follow up on its implementation.
So finally I found an answer. Maybe not THE answer. My Zenatta consultant showed me how to set a bank account as Primary from within the Banking module. That makes it the new default for new payments, replacing petty cash.
Still not the final solution where you can map payment type to default bank account, but it’s something.
Sure would be nice to be able to set the default for expenses to be my credit card, default for customer payments to be my clearing checking account, and the default for bill payments to be my operating checking account. Seems like this should be an easy ask.