## Transaction Types

You can create TransactionTypes for your Organization, which can then be used when creating and updating Balances. Example TransactionTypes: “Balance Amount” or “Add Funds”. For details on creating a Transaction amount for a Balance using a TransactionType you’ve created for your Organization, see the [Create Balance Transaction](https://docs.m3ter.com/api/balances/create-balance-transaction) call in the [Balances](https://docs.m3ter.com/api/balances/introduction) section of this API Reference.