Unposted Credit Card Transactions - Update allows you to enter credit card transactions.
This Section Includes:
Transactions are entered to your currently selected credit card. Change the currently selected credit card to enter transactions to a different credit card (More Information).
Select the Vendor in the Person Search window. By default the search text for the Name field searches for last names and organizations. To search for first and last names enter your search in the "lastname, firstname" format. Uncheck the Only Active? check box if you would like to view inactive vendors. You can also search by City and State. Select the vendor for which you are creating the transaction and click the Select button. Alternately, click the Close link to return to the previous page without selecting a vendor.
NOTE: Search for just a first name by starting your search with a comma (e.g., ", James"). Display a complete list of vendors by searching for just a comma. Results default to Accounts Payable, select All Applications from the drop-down list to view all names.
Select the User from the drop-down list and then select if you want to Keep General Ledger Distribution for next vendor. The currently selected Credit Card is displayed above the User. You can change the Credit Card in Current Financial Settings (More Information).
For each credit card transaction you have access to the following fields:
•Ref #:(Optional) Enter the credit card transaction/reference number.
•Invoice #:(Optional) Enter the invoice number this transaction is associated with.
•Date: Enter the date of the transaction.
•Total: The invoice can be distributed between multiple General Ledger accounts later in the process.
•Discount Type: If this transaction has a discount select Dollar or Percent in the drop-down list.
•Discount: Enter the discount as a dollar amount or percentage depending on what you selected for Discount Type.
•Tax: Enter the tax amount if it applies. The tax amount is distributed between each line amount on the transaction by a calculated percentage. This field is only active if you chose to record tax, freight, and other charges in Company Information.
•Freight: Enter the freight amount if it applies. The freight amount is distributed between each line amount on the transaction by a calculated percentage. This field is only active if you chose to record tax, freight, and other charges in Company Information.
•Other: Enter any other amount to be charged (e.g., handling fees and so forth). This amount is distributed between each line amount on the transaction by a calculated percentage. This field is only active if you chose to record tax, freight, and other charges in Company Information.
•Net: This informational field displays the net amount of the transaction after any discounts.
You may choose to simply reduce the line amount by the discounted amount rather than put it in the discount field. Review the scenarios below if you use the discount field.
If you enter an amount in the discount field and you are not treating discounts as income, the discount amount is distributed between each line amount on the invoice by a calculated percentage.
There are three tabs on the Update page: Details, Attachments, and Note.
The Details tab is where you put the transaction detail. If you are using a Distribution for this invoice select it below the grid from the drop-down list and click the Apply Distribution button. Otherwise, enter a Quantity if applicable and then enter in your level information according to your account structure. Enter the Account # and a Description for the line. You can also select a Project and 1099 status.
NOTE: Click the icon or press "s" in any field with the Search icon to display a Search window. Use the filter at the top to narrow down your selection. In the Account Search window you can also specify the Account Type in a drop-down list. You can then double-click the item you want to select or click the item and click Select. Click the Cancel to return to the Update page without making a selection.
1099 Status Codes:
•Misc. Box 1 - Rents
•Misc. Box 2 - Royalties
•Misc. Box 3 - Other Income
•Misc. Box 4 - Federal Income Tax withheld
•Misc. Box 5 - Fishing boat proceeds
•Misc. Box 6 - Medical and health care payments
•Misc. Box 8 - Substitute payments in lieu of dividends or interest
•Misc. Box 13 - Excess golden parachute payments
•Misc. Box 14 - Nonqualified deferred compensation
•Misc. Box 15 - State Tax withheld
•NEC Box 1 - Nonemployee compensation
•NEC Box 4 - Federal Income Tax withheld
•NEC Box 5 - State Tax withheld
•Retirement - R - Used for non-taxable retirement.
•Retirement - R2 - Used for taxable retirement
•Retirement - R3 - Used for capital gains.
•Retirement - R4 - Used for Federal tax withheld from retirement.
•Retirement - R5
•Retirement - R9
Enter the Amount and then click the Add New icon to add another detail line if desired. As many detail lines as needed can be added in this fashion. You can also enter a number between 1-99 on the right and click the Add New icon to add multiple lines at once (e.g., Add 10 New Lines).
When “Display Remaining Budget Amounts on Entry” is selected in Company Information, the “Remaining Budget” will display below the Account name. “YTD” is calculated by subtracting Actual YTD from Budget YTD, and “Annual” is calculated by subtracting Actual Annual from Budget Annual.
The Link to Purchasing Management button is active if there are open Purchase Orders for the selected Vendor. You can also hover over the Information icon to see any pending requisitions for that Vendor. Click any of the Requisition links to open another browser tab and view that Requisition.
Click the Link to Purchasing Management button to open a new window displaying a summary of all open Purchase Orders. For any Purchase Order you can click the Expand icon to view all detail lines. In the Apply column select Apply and close order to apply and close the entire Purchase Order to the invoice or Apply to order to only apply part of the Purchase Order to the invoice. If you choose to only apply part of the Purchase Order you can edit the Quantity and Amount fields and choose to Close one or more detail lines. Any projects attached to the Purchase Order are automatically assigned to the transaction detail.
Click the Print icon to print a copy of the Purchase order. You can also click the user link in the Email Originator column to open an email to the Purchase Order's originating user in your default mail client.
Click the Update button to apply the Purchase Order to the transaction or the Close link to return to the Update page without linking the Purchase Order. Once the Purchase Order is applied to the transaction an Order # column is available. Click any link in this column to preview a copy of the linked Purchase Order.
The Attachments tab allows you to attach files accessible from your device or to scan image files using the Scanner.Client.exe program. See the Attachments Help Page for detailed information regarding the attachments feature.
Any attachments on a Purchase Order are automatically added to a transaction when it is linked to Purchasing Management.
Enter a note in the field provided if you wish.
When finished click the Apply button to save the transaction and start entering a new transaction, the Update button to save changes to the transaction and return to the Unposted Credit Card Transactions page, the Reset link to undo all changes since the last time the page was updated, or the Cancel link to return to the Unposted Credit Card Transactions page without saving your changes.