Description
You can use this program to settle and transfer payment card accountingdata to a payment card company (or a service provider that works withthe company). The service provider is referred to below as aSERVICECOMPANY.
In Financial Accounting a G/L account is set up for each SERVICECOMPANY.The open items arising from sales with the relevant payment card areposted to this account.
This program selects the open items in such an account in a specifiedcompany code. The selection may be further restricted by entering any ofthe following criteria:

• Last digits of document number


• Payment card company


• Merchant ID


• Location

It then creates packages (batches) per company code, G/L account andtransaction currency.
A unique batch number is assigned to each package.
For each package, the system:

• Creates a settlement document that clears the open items, and creates
items in a cash clearing account.

• Starts the transfer of the relevant items to the SERVICECOMPANY.

Precondition
You must create G/L accounts for every SERVICECOMPANY.

Output
The following information is printed:


• The number of the posted settlement document.


• The document numbers of the cleared items (if you selected the parameter
"Detail log").

• Status information for transferring the package to the SERVICECOMPANY.

Example
Three invoices sent to different customers and all paid using the samecredit card (ABCD) lead to three line items on account 113181:
Account 113181 ( = ABCD )
-------------------------------
4711 100 USD |
4712 200 USD |
4713 400 USD |
This program selects these three items, and posts the followingsettlement document 5814:
40 Cash clearing account 700 USD
50 ABCD account 113181 700 USD
It clears the line items 4711, 4712, 4713.
The account balance is as follows:
Account 113181 ( = ABCD ) Cash clearing account for ABCD
------------------------------- ------------------------------
4711 100 USD | 5814 700 USD 5814 700 USD |
4712 200 USD | |
4713 400 USD | |
Account 113181 now contains no more open items.
A subsequent receipt of 680 USD (assuming charges of 20 USD) can then beposted (manually) as follows:
Cash receipt document 6915:
40 Cash account 680 USD
40 Charges 20 USD
50 ABCD account 113181 700 USD
The account balance is then as follows:
Account 113181 ( = ABCD ) Cash clearing account for ABCD
------------------------------- ------------------------------
4711 100 USD | 5814 700 USD 5814 700 USD | 6915 700 USD
4712 200 USD | |
4713 400 USD | |
Charges Cash account
------------------------------ ------------------------------
6915 20 USD | 6915 680 USD |
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