You can configure the payment methods that appear in the Payment method drop-down list when creating new invoices (see Creating an Invoice From a PO or Manually), or in the Payment Methods section when creating a new vendor account. The payment method designated as the default in the code table is selected by default when creating a new vendor account. If a payment method is defined as the default but it is not enabled, the first enabled payment method will be used. 

You configure the payment methods on the Payment Method code table (Configuration Menu > Acquisitions > Invoices > Payment Method). For more information about code tables, see Code Tables.

Payment Method Descriptions

Description Code	Explanation
ACCOUNTINGDEPARTMENT	The payment method is determined by the institutions accounting department (Invoice in Alma cannot be defined as Pre-Paid with this payment method).
CASH	Payment is done using cash.
CREDITCARD	Payment is done using a credit card.
BANKTRANSFERS	Payment is done using bank transfers.
DEPOSITACCOUNT	Payment is done using a deposit account where the institution deposits money with the vendor in advance.
PREPAYMENT	Payment is transferred before the actual purchases take place.
SPECIALPAYMENT	Special payment as decided between the institution and the vendor.
ATTACHMENT	Payment method is described within the Attachment tab at the vendor account/Invoice.

You can enable or disable a payment method, select the default method to be displayed, and change the display names (Description).