> ## Documentation Index
> Fetch the complete documentation index at: https://docs.m3ter.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Creating Transaction Types

You can create *Transaction Types* for your Organization. These are then available across your Organization for adding individual Transactions, such as when you want to add Transactions to a Balance on an end customer Account.

**To create a Transaction Type for your Organization:**

1. Select **Settings>Organization**. The **Organization** page opens with the **Overview** tab selected.
2. Select the **Transaction types** tab. Any existing Transaction Types are listed.
3. Select **Create transaction type**. The **Create** page opens.
4. Under **Transaction type details**, enter a **Name** and **Code**.

* **Archived** switch? See tip below on this option.

5. Select **Create**. You are returned to the **Transaction types** tab where the new Transaction Type is listed:

<img src="https://mintcdn.com/m3ter/DOKwY-7WzlS7EMNx/images/BalanceTransactions5.png?fit=max&auto=format&n=DOKwY-7WzlS7EMNx&q=85&s=a9070978cece8b21b97259ec494ce062" alt="Balance Transactions5" width="1150" height="460" data-path="images/BalanceTransactions5.png" />

* In this example, we've created four Transaction Types to use when creating Transactions. These will now be available for creating Transactions across the Organization, for example, when creating Balances on end customer Accounts. See [Creating Balances for Accounts](/guides/end-customer-accounts/creating-balances-for-accounts).

<Tip>
  **Tip: A Transaction Type is now obsolete?** You can edit a Transaction Type and use the switch to **Archive** it. If you archive a Transaction Type, it will no longer be available when creating Transactions for Balances.
</Tip>
