Each Transaction Type must be classified under a certain Transaction Type Group. You can create and use just one Transaction Type Group and use it for all Transaction Types or you can create several of them and use them for better classification of your Transaction Types.
How to create a Transaction Type Group
Under Transaction Type Groups, create a general name of the group that best fits the Transactions.
After creating the Transaction Type Group, you can use it in Transaction Types. You can learn more about Transaction Types in our next article.
