Length: 2 Hour
In this hands-on class, we’ll teach the workflow and process of managing credit cards in Sage Intacct. We’ll walk through setting up a credit card, entering and importing credit card transactions, creating a payoff, and making credit card payments. We’ll also illustrate how to enter credit card refunds and how to create credit card transactions as AP bills. Finally, we’ll utilize Intacct’s reconciliation feature and walk through reconciling the credit card.
Class Prerequisites: A basic understanding of Sage Intacct Cash Management and Accounts Payable modules.
• Set Up
o Adding a new credit card
o Adding credit card transactions via the UI
o Importing credit card transactions
o Creating a charge payoff
o Entering credit card refunds
• Recording credit card advance payments
• Entering credit cards as AP bills
• Reconciling a credit card
• Running reports to validate credit cards transactions