In the (L21) Screen
The (L21) Additional G/L Master Numbers screen lets you separate out all credit card orders in your general ledger, according to credit card type. You do this by entering the general ledger (G/L) account numbers that you can the system to post to for each type of credit card. The system posts all transactions for the individual cards to these accounts, rather than to your cash account. Since the credit card transactions are not posting to your cash account, this ensures that your cash account is not incorrect while waiting for the credit card companies to get the money to your account.
It is important to note that if you leave any of these fields in the (L21) screen blank, the system posts the credit card totals for that particular credit card to the accounts receivable cash account. For example, if you leave the Credit Card- Type 1 Visa field blank, the system posts all totals for that credit card into the accounts receivable cash account.
When you enter the account numbers in the fields listed below, do not include the company portion of the account number. This is determined by the G/L location number entered when the transaction is posted.
Click below for information about each field.
Cash Credit Card- Type 3 D. Club
Cash Credit Card- Type 4 C. Blanc
Cash Credit Card- Type 5 Discov
Cash Credit Card- Type 6 Other
Deposit Credit Card Income/Forfeit/AP
Return to: