have a client that wants to do the following...
"Process AP invoices just like we currently do, but the vendor set-up will reflect it being a credit card payment (i.e. rather than live check or ACH). When we process the weekly AP batches, we will end up with 3 registers: checks, ACHs and purchase cards. The purchase card register will be uploaded to Key Bank’s website for processing."
Any suggestions for how to handle this?
Options I can think of...
Any other ideas? Any advantages or disadvantages to 1 or 2 above?
The upload to Key Bank isn't an ACH format? I'm unsure how this wouldn't be similar to a credit card vendor with an ACH payment which Sage supports natively.
No, it's not an ACH format for payments made with a credit card - there's no banking information. Here's the specifications from Key Bank.
InvoiceNumber REQUIRED max (50)
InvoiceDate (mm/dd/yyyy) REQUIRED
UDF1Label max (50)
UDF1Value max (50)
UDF2Label max (50)
UDF2Value max (50)
UDF3Label max (50)
UDF3Value max (50)
UDF4Label max (50)
UDF4Value max (50)