CREDIT CARD PAYMENT PROCESS

OVERVIEW

 DEPARTMENT WISE CREDIT CARD

 INITIAL STEPS TO REMEMBER

 DEPARTMENT WISE CREDIT CARD

DEPARTMENT WISE TRAVEL CARD

CREDIT CARD BILLABLE CARD
IT CARD
AP CARD
MARKETING CARD
LEGAL CARD
HR CARD
AVITATION CARD
EXECUTIVE CARD
ADMIN CARD
TAX CARD
 INITIAL STEPS TO REMEMBER

1. First receive ticket copy from travel desk which being booked by credit card below is the example of
ticket copy with mention last four digit of credit card and Tour statement number for which its
booked.
2. Now cross check with travel payment sheet regarding the payment detail and tour statement number as
below is the screenshot for travel payment sheet.
3. Thirdly entries of ticket in ERP (Oracle) need to booked with prepayment in concerned employee account
with payment made by regarding credit card account.

Below screen shots for passing the entry in oracle with predefined coding.
First Receive ticket copy from travel desk which being booked by credit card below is the example of ticket copy with mention last four digit of credit card and Tour statement number for
which its booked.

Now cross check with travel payment sheet regarding the payment detail and tour statement number as below is the screenshot for travel payment sheet.

Thirdly entries of ticket in ERP (Oracle) need to booked with prepayment in concerned employee account with payment made by regarding credit card account.
Below screen shot for passing the entry in oracle with predefined coding.

Now take print out of ERP generated invoice and payment vouchers compile this all with ticket and file in folder.

After statement generation and received from concerned department reconcile all ticket booked and expenses done on credit card once it’s reconcile prepare credit card payment due
statement.

Take approval from concern department for “PASSED FOR PAYEMNT” and then make payment cheque.

Then payment entry in cash management responsibility as we transfer the fund from bank to credit card by passing this contra entry as per accounting terms in ERP (Oracle) and take print
for completion of filling.

Finally make entry in travel and advance payment sheet and file the bunch of credit card statement with supporting in bank expense file for particular month
First Receive ticket copy from travel desk which being booked by credit card below is the example of ticket copy with mention last four digit of credit card and Tour statement number for
which its booked.

Now cross check with travel payment sheet regarding the payment detail and tour statement number as below is the screenshot for travel payment sheet.

Thirdly entries of ticket in ERP (Oracle) need to booked with prepayment in concerned employee account with payment made by regarding credit card account.
Below screen shot for passing the entry in oracle with predefined coding.

Now take print out of ERP generated invoice and payment vouchers compile this all with ticket and file in folder.

After statement generation and received from concerned department reconcile all ticket booked and expenses done on credit card once it’s reconcile prepare credit card payment due
statement.

Take approval from concern department for “PASSED FOR PAYEMNT” and then make payment cheque.

Then payment entry in cash management responsibility as we transfer the fund from bank to credit card by passing this contra entry as per accounting terms in ERP (Oracle) and take print
for completion of filling.

Finally make entry in travel and advance payment sheet and file the bunch of credit card statement with supporting in bank expense file for particular month
First Receive ticket copy from travel desk which being booked by credit card below is the example of ticket copy with mention last four digit of credit card and Tour statement number for
which its booked.

Now cross check with travel payment sheet regarding the payment detail and tour statement number as below is the screenshot for travel payment sheet.

Thirdly entries of ticket in ERP (Oracle) need to booked with prepayment in concerned employee account with payment made by regarding credit card account.
Below screen shot for passing the entry in oracle with predefined coding.

Now take print out of ERP generated invoice and payment vouchers compile this all with ticket and file in folder.

After statement generation and received from concerned department reconcile all ticket booked and expenses done on credit card once it’s reconcile prepare credit card payment due
statement.

Take approval from concern department for “PASSED FOR PAYEMNT” and then make payment cheque.

Then payment entry in cash management responsibility as we transfer the fund from bank to credit card by passing this contra entry as per accounting terms in ERP (Oracle) and take print
for completion of filling.

Finally make entry in travel and advance payment sheet and file the bunch of credit card statement with supporting in bank expense file for particular month
First Receive ticket copy from travel desk which being booked by credit card below is the example of ticket copy with mention last four digit of credit card and Tour statement number for
which its booked.

Now cross check with travel payment sheet regarding the payment detail and tour statement number as below is the screenshot for travel payment sheet.

Thirdly entries of ticket in ERP (Oracle) need to booked with prepayment in concerned employee account with payment made by regarding credit card account.
Below screen shot for passing the entry in oracle with predefined coding.

Now take print out of ERP generated invoice and payment vouchers compile this all with ticket and file in folder.

After statement generation and received from concerned department reconcile all ticket booked and expenses done on credit card once it’s reconcile prepare credit card payment due
statement.

Take approval from concern department for “PASSED FOR PAYEMNT” and then make payment cheque.

Then payment entry in cash management responsibility as we transfer the fund from bank to credit card by passing this contra entry as per accounting terms in ERP (Oracle) and take print
for completion of filling.

Finally make entry in travel and advance payment sheet and file the bunch of credit card statement with supporting in bank expense file for particular month