How to Take Credit Card Payments

How to Take Credit Card Payments in AGRIS

Use the follow steps when you take credit card payments.

1. Set up new bank code

   1. Go to BNK > Bank Account > Bank Maintenance

   2. Use code CC for the new bank code

      1. Open

         

2. Map this new bank code in SJI system accounts to a Credit Card Receivable Account

   1. Go to SJI > System Accounts > Bank Account

      1. Open

         

3. When invoicing, use cash for the invoices terms and receive payment to that CC Bank code.

   1. Open

      
   2. Open

      

4. When payment is received from the credit card company, enter as a bank transfer from the CC bank to the bank code where the money is normally deposited.

   1. Enter bank transfer in BNK > Bank Transfer

      1. Open

         

Notes:

1. Credit card company charges (% held from reimbursement):

   1. Key a disbursement out of CC bank against a manual voucher coded to “Bank Charges” or “Credit Card Collections” ledger account

2. Do a Bank Reconciliation to reconcile the money received to the outstanding receipts.

3. The SJI for the CC bank code should be setup to a "Credit Card Receivable" account. In this was way you can always run a bank register to show the detail of your CC receivables.

   1. This is setup in step 2