Setup - Business Environment - Credit Companies

To access and perform actions in the module:

Assign the permit Update Setup Menus

Credit companies are those from which you can accept payment made by B2B and B2C customers using credit and debit cards. Each credit company is associated with a credit or debit card company hardcoded into the system, and a company bank account into which the payment is deposited.

Click here for the list of hardcoded credit companies.

For example, Visa USD is associated with Visa, and the JP Morgan Chase USD account.

Note that once a credit company is associated with financial activity, it cannot be deleted.

To search for an existing credit company

  1. Go to Setup – Business Environment - Credit Companies.

  2. In the Credit Company field, enter part (first letters) or all of the credit company name.

  3. Click Find.

    Credit companies matching the search criterion will be displayed in the results section.

To add a new credit company

  1. Go to Setup – Business Environment - Credit Companies.

  2. Click Click here to add a new credit company.

  3. In the Credit Name field, enter the name of the credit company.

  4. In the Credit Company field, select one credit card companies, hardcoded in the system, to associate with the credit company.

  5. In the Bank Account field, select the bank account to associate with the credit company from the drop-down list.

  6. In the Credit/Debit field select whether the credit company is associated with credit cards or debit cards.

  7. Click to save the new credit company or to revert.

To edit an existing credit company

  1. Locate the credit company you want to edit as described above.

  2. Click the credit company name.

    The name is highlighted.

  3. Edit the credit company details as required.

  4. Click to save or to revert.

To copy an existing credit company

  1. Locate the credit company you want to copy as described above.

  2. Click in the row of the credit company name.

    A new credit company is created with the following name:

    [Name of original credit company] [duplicate number in current session]

  3. Edit the details of the new credit company.

  4. Click to save or to revert.

To delete an existing credit company

  1. Locate the credit company you want to delete as described above.

  2. Click in the row of the credit company name.

    The following message is displayed:

  3. Click Yes to delete.