Setting Up Credit Card Accounting: The 3-Step Accounting Flow

The setup of credit card accounting in Acubiz can be customized according to changes in your chart of accounts or accounting system.

Procedure

1. Navigate to ADMINISTRATOR -> CHART OF ACCOUNTS -> CREDIT CARD SETUP.
   
2. The page shows an overview of your current credit card setups as well as the associated accounting entries. Note that the number of credit card types varies depending on your solution, but the procedure is the same.
   
3. The accounting entries are displayed in the following order:
   • Accrued for operations
   • Accrued for creditor
   • Creditor
4. Click on the name of the relevant credit card to edit the setup.
   
5. Go to the section ACCOUNTING SETUP, and enter the desired account numbers.
   

Additional Information

• Credit Card: The 3-Step Accounting Flow
• Flow in Acubiz