In PEAK, there are 4 finance channels to choose below.
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1. Cash (including petty cash)
2. Bank
3. e-Wallet
4. Expense Claims (Advance)
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To add finance channels in PEAK will be automatically added the sub-chart of accounts from their main accounts separately (such as cash, savings or current bank account)
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​Steps: To add finance channels

1. Cash: It is petty cash or cash in custody of an assigned employee. For example, a salesperson who has to work out of office, and want to draw money for Baht 5,000 in advance. This amount of money will be the petty cash in custody of that employee.

Step 1.1 Go to Finances menu > Cash/Bank/e-Wallet > +Add New Channel
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Step 1.2 When pressing +Add New Channel, there will be a pop-up shown to set up the financial information by identifying as cash and filling in the required information.
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It can be determined whether This cash will be spent for the business purpose of receipt (can accept money to), expenditure (can accept money from) or both.

Can accept payment to: It is a finance channel that receive your customer's payment. It will be the alternative of your payment recipient when there is the revenue transaction occurred (such as an invoice or a receipt).
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​Can make payment from: It is a finance channel that you can make a payment to your vendors. It will be the alternative of your payment method when there is expenses transaction occurred (such as a record of expenses).

Reimbursement, withdraw, deposit or transfer can be executed whether they are not specified as a payment received or made a payment.
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2. Banks: There are 3 types of bank accounts in the PEAK, which are current, savings and fixed deposit account. Also, you can determine which bank is used as a payment received (can accept money to), made a payment (can accept money from) or both, and the issuance of payment cheque (can be cheque account).
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Same as cash channel. It can be determined whether this bank account will be spent for the business purpose of receipt (can accept money to), expenditure (can accept money from) or both. If any bank account is set up for payment recipient, its information will be displayed in the quotation or invoice as the payment information for your customers.
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3. e-Wallet: e-Wallet is used in the case that the business receives its payment through other service providers such as selling via e-Commerce or topping up for spending through applications.
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You also can add e-Wallet channel in PEAK. There are 2 types of payment gateway as follows:

4. Expense Claims: It is the situation that there is a person who advances their own money on behalf of the business for business purposes such as director or employee. This makes the business liable to pay back to those people.

The expense claim in the PEAK will be treated as the liability in the account name "212203 - Await reimburse expenses".
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- Completion of Create Finances (Beginning Balance Part 4/8) -
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​All how to record a beginning balance in PEAK.
​Part 1: Record a Beginning Balance (Beginning Balance Part 1/8)

Part 2: Create Contacts - Customer/Vendor (Beginning Balance Part 2/8)

Part 3: Record Inventory (Beginning Balance Part 3/8)

Part 4: Create Finances (Beginning Balance Part 4/8)

Part 5: Set Up Accounts Receivable (Beginning Balance Part 5/8)
​Part 6: Set Up Accounts Payable (Beginning Balance Part 6/8)

Part 7: Set Up Fixed Asset (Beginning Balance Part 7/8)

Part 8: Record Trial Balance (Beginning Balance Part 8/8)