Accounts Receivables Credit Card Transfer

Use Credit Cards Transfer to manage credit card settlements via their associated AR Account. Multiple credit card settlements are compressed to an invoice and transferred to an AR Account for the credit card merchant. This process applies when the credit card payment transaction code is associated with an AR account and the Consolidate Credit Card OPERA Control.

To use the AR Credit Cards feature, each credit card payment transaction code must be associated with an AR account.

1. Create an AR Account for the credit card merchant Managing Accounts Receivables Accounts. Select a suitable AR Account Type to separate these AR accounts from companies, agents, or other categorizations Configuring Accounts Receivable Account Types.

2. Link the AR Account in Transaction Code Configuration for the credit card payment transaction code Adding Transaction Codes. Note that only one AR account can exist for the AR Credit Card profile for the property.

You can, however, automate the compression and transfer process to occur during End of Day by activating the Consolidate Credit Card OPERA Control.

Note:

When the Consolidate Credit Card OPERA Control is not active and credit card settlements have not been manually compressed to an invoice and transferred to AR after 60 days, OPERA Cloud automatically compresses and transfers the credit card transactions during End of Day processing.

• Managing AR Credit Card Transfer