AP Payable Types Form
Use the AP Payable Types form to set up payable types and assign them to each of your General Ledger payable liability accounts.
You must set up at least two pay types: one for payables and one for retainage.
Although you must have separate pay types, it is not required to have separate GL accounts. If you have multiple GL payable accounts, you can set up one pay type for each account.
Once pay types have been set up here, you must assign the appropriate pay type to each of the Payable Types for Expense, Job, Subcontract, and Retainage in the AP Company Parameters form.