You can specify the payment purpose code while generating a payment order. You can then use this code when generating a foreign currency payment transaction or a currency purchase transaction.

1. Click Bank> Setup> Payment purpose codesto open the Payment purpose codesform.

2. Press CTRL+N to create a new line.

3. On the Overviewtab, in the Central Bank Purpose Codefield, enter the payment purpose code that is used when reporting to the bank.

4. In the Namefield, enter the name of the payment purpose code.

5. On the Generaltab, in the Currency op codefield, enter the currency operation code that corresponds to the given payment purpose code.

   Note
   The value entered in this field is used to generate a currency payment order and is displayed on the corresponding line in the report.

6. In the Purpose textfield, enter a text description for the payment purpose.

   Note
   This will be the default value for the corresponding line when generating a payment order.

7. Press CTRL+S or close the form.