About 4-7-5 Reconcile Credit Card Accounts
Connecting your credit card account using Bank Feeds
Matching downloaded credit card transactions with Sage 100 Contractor transactions
Reconciling credit card statements
After you get your bank statement, you reconcile the statement’s payments and charges against what you have entered in Sage 100 Contractor.
Tip: If you use Sage Bank Feeds, you can download credit card transactions from your financial institution to your Sage 100 Contractor company, and then let Sage 100 Contractor automatically match them with transactions in your company records. To find out about this matching process, see Matching downloaded credit card transactions with Sage 100 Contractor transactions
To reconcile a credit card statement:
- Open 4-7-5 Reconcile Credit Card Accounts.
- Select a Card Issuer Account, and then click Display.
- Select a row, and then do any of the following:
- Click Verify.
- Click Go to Transaction to view a transaction or to open a verified transaction.
Click Add Transaction to add a missing transaction. This opens 4-7-3 Credit Card Receipts.
When you save the record, the new transaction is added to the reconciliation.
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Click Save.
You can save a Trial reconciliation or a Final reconciliation.
Tip: Selecting the Create a PDF of the report file checkbox before saving the Final reconciliation saves the reconciliation report file as a PDF.
Note: After saving a final credit card reconciliation, a message invites you to make a payment on the credit card. If you click [], the 4-7-6 Pay Credit Cards window opens so that you can enter the payment.