The "Direct Debit" transaction type is intended for use to record expenses made directly from accounts via electronic means. See the notes below for information on the effect positive and negative transaction amounts have on particular accounts The "Direct Deposit" transaction type will require a transaction to have a positive transaction amount. The "Direct Deposit" transaction type is intended for use to record deposits made directly into accounts via electronic means. The "Deposit" transaction type will require a transaction to have a positive transaction amount. The "Deposit" transaction type is intended for use to record deposits in accounts. ![]() The "Check" transaction type will require a transaction to have a negative transaction amount. The "Check" transaction type is intended to record transactions paid by check. The "Charge" transaction type will require a transaction to have a negative transaction amount. The "Charge" transaction type is intended for use for recording credit card expense transactions. The "ATM" transaction type will allow a transaction to have either a positive or negative transaction amount. The "ATM" transaction type is intended for use in ATM deposit and withdrawal transactions. For example by default the "POS" type will allow either negative or positive amounts for transactions (due to refunds), but you can set the "POS" type to only allow negative amounts if desired.*** ***Note: Many of the default transaction types and all custom transaction types can have their amount restrictions customized. Check out the information below to find out more about the default transaction types in SEE Finance. The use of the general transaction types use is strictly up to the user's preference. ![]() These default transaction types cannot be deleted. Many common transaction types are supplied with SEE Finance. Using transaction types you can track your spending habits across all your accounts. Some of these transaction types automatically identify the transaction as having an impact on the account as either positive (like "Deposit") or negative (like "Direct Debit"), others allow for either (like "ATM"). You mark transactions as falling into particular transaction type. Transaction types in SEE Finance helps to make tracking your transactions easy.
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