Credit Card Vendor Payment

This solution provides a means for Service Management users to make a payment on a credit card while retaining the original vendor information from which the material was purchased.

Process

Vendors can be marked as Credit Card Vendors on the Vendors form.

A/P Vouchers for payment to a Vendor can be marked as having been paid via credit card by choosing the credit card vendor on new tab on the A/P Vouchers and Adjustments form.

When A/P Voucher posting is performed, the following journal entries (AP Dist) will be made:


Description	Debit	Credit
Create Payable for the Original Vendor	Accounts Payable	Vouchers Payable
Complete Payment for the Original Vendor	Purchases Account of Credit Card Vendor (Vendors Form)	Accounts Payable
Create Payable for the Credit Card Vendor	Accounts Payable	Purchases Account of Credit Card Vendor (Vendors Form)

The A/P Posted Transactions Detail form has a Credit Card tab to show the relationship between the two vouchers. Specifically, the Credit Card Vendor number displays on the Original Voucher and the original voucher number displays on the Credit Card Voucher.

To pay the Credit Card Vendor, just create an A/P Payment entry for the credit card vendor and generate distributions. Each voucher paid via this credit card should appear providing a quick means to reconcile the credit card invoice.

Note: Adjustments must be performed against the Original Voucher and will be carried through to the Credit Card Voucher.