Procurement Card Line Types (tfacp0510m000)

Use this session to define codes and posting details for credit card line types. The credit card line type indicates the kind of transaction of a credit card statement line.

For each line type, you can specify the ledger account and dimensions to which the transactions must be posted. You can specify the same ledger account and dimensions for multiple line types.

Field Information

Line Type

The code to specify the type of transaction that results when a credit card is used.

Discrepancy Reason

The default discrepancy reason code for statement lines with this line type. As a discrepancy reason code is used when you import credit card statements, this field is mandatory.

Ledger Account

The ledger account.

If the Line Type field is set to Past Adjustments or Others, the ledger account is defaulted when credit card statement lines are created.

If the Line Type field is set to Purchase Requisition, the ledger account is defaulted when excess billing is carried out.

Text

The reference text.

Line Category

The reason for the credit card payments.

The following are the types of reasons for a credit card payment:

  • Purchase Requisition: This is the default value.
  • Past Adjustments: Lines of this type are used to close a previous credit card statement. If a previous statement was not fully paid, the open amount appears as an entry on the current statement. The line type of the statement line with the open amount will be Past Adjustments.
  • Others: Lines of this type indicate costs related to the possession of a credit card such as the interest costs or correction amounts.
Text

If this check box is selected, a text is present.

Search Key

The search key helps identify the value entered in the description field.

Financial Company

The financial company to which the credit card transactions must be posted. If the line type category is set to Past Adjustments or Others, you can select a financial company.

Dimension 1

The dimensions.

Dimension Description

The description of the dimension code.