Credit Card Processing-Marketer Accounting Module

Overview
The Credit Card module is a great time and error saver. Settlement batches can be brought in to COMPAS via dial-up connection or from the Internet. Once imported into COMPAS and prior to posting, you can edit any card transaction(s) in a batch for gross, net or fee amount.

SET UP

Function

Description

COMPAS Cross-Reference Files

Credit Card Types

Fees

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COMPAS cross-reference files are set up for the following:
Vendors
Locations
Credit card accounts
EFT accounts
G/L accounts
XML cross references, if batches are in XML format

Two card types per retail location: Proprietary (major’s) and Other (VISA, MC, Discover, AMEX, etc.)

For each card type and location, the following fee-handling options are available:

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No fees
Entire fee
Flat rate per card
% of total gross amount
% of total fee amount

PROCESSING

Function

Description

Credit Card Batch Import

Validate/Post Credit Cards

Edit Credit Card Batches

Post to COMPAS

Daily Update

Import multiple batches in minutes

Validate import file and post for processing

Make changes/additions through maintenance program

Disperses available credits to individual stations, customers and throughout the G/L

Updates credit card A/R accounts with credits

REPORTING

Function

Description

Credit Card Batch Report

Verify totals to be posted


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Option	*Credit Card Module*