Accounts Receivables Credit Cards

The AR Credit Cards feature allows you to bulk transfer credit card transactions from Front Office guest folios and partial payments to credit card company AR accounts. At the time of transfer to AR, the transactions you select are consolidated into a single AR invoice for each credit card issuer. From AR, you can keep track of outstanding amounts and amounts that have been paid based on the batches that were forwarded to the credit card companies.

If the Accounts Receivables > Consolidate Credit Card application parameter is Active, all credit card payments are automatically transferred to AR during End of Day processing. If the Accounts Receivables - Consolidate Credit Card application parameter is Inactive and the credit card payments have not been manually consolidated, then OPERA automatically consolidates the credit card payments that are older than 60 days during its End of Day processing.

Note:

Transactions are available for transfer to AR immediately when payment is posted using a credit card payment transaction code that has an AR account associated with it.

To use the AR Credit Cards functionality, you should associate the transaction code used for credit card payments with an AR account. This means that you should Create an Account Receivables Account for the credit card company, then specify that account number when configuring the Transaction Code prior to posting any transactions using that transaction code.