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BayWise PaymentsReferenceCategory Reference

Category Reference

Categories classify transactions recorded through the Business Tab of the Financial Modal. Each category belongs to a group, and the available categories are resolved by the Event Map.


Business Category Groups

Category Group
Compensation
Operating Expenses
Recurring OpEx
Statutory
Marketing
Financing
Software
Franchise
Inter-branch
Marketplace
OEM / Dealer
Franchisor
Sales Revenue

Each group contains one or more individual categories. The specific categories within each group are configured at the organisation level and can be customised per location via the Event Map.


Void Reasons

When a transaction is voided, a reason must be selected. The available reasons differ by direction.

Inflow Void Reasons

Reason
Recorded in error
Duplicate entry
Customer cancelled
Wrong amount
Wrong payer
Other

Outflow Void Reasons

Reason
Recorded in error
Duplicate entry
Wrong amount
Wrong payee
Vendor refunded
Other