To set up procurement card processing

To set up procurement card payment processing, take the following steps:

1. In the integration mapping scheme, define the ledger accounts for the following integration transactions for the following Procurement Card Purchases integration document types:

   • Procurement Card Purchases / Receipt
   • Procurement Card Purchases / Price Variance
2. In the ACP Parameters (tfacp0100m000) session, enter the various procurement card parameters on the Procurement Card tab.
3. In the Invoice-from Business Partners (tccom4522m000) session, define each procurement card company as an invoice-from business partner.
4. In the Matching Codes (tfacp0112m000) session, define the matching codes that are used to automatically match procurement cards statements to purchase requisitions. If the procurement card companies that you use apply different matching code formats, you must define a matching code for each format. You link the matching code and the procurement card company to the procurement card in the Procurement Cards (tfacp0508m000) session.
5. In the Matching Fields By Matching Code (tfacp0509m000) session, specify the matching fields and the format of the matching code.
6. In the Discrepancy Reasons (tfacp0111m001) session, define reason codes for the types of discrepancy that can occur when the procurement card statements are matched to the purchase requisitions. As you must enter a default discrepancy reason for procurement card line types of the Others category, you must define at least one discrepancy reason.
7. In the Purchase Invoice Authorizations (tfacp0150m000) session, define the price difference tolerances that apply when the procurement card statements are matched to the purchase requisitions, and the employees who are authorized to approve the matching.
8. In the Procurement Cards (tfacp0508m000) session, enter the procurement card data of the cards that the company uses.
9. In the Procurement Card Line Types (tfacp0510m000) session, define the procurement card line types for the three categories of procurement card lines. For each line type, you must specify the financial company, the ledger account, and the dimensions to which the transaction must be posted.