| # Procurement Card Line Types (tfacp0510m000) Use this session to define codes and posting details for procurement card line types. The procurement card line type indicates the kind of transaction of a procurement card statement line. For each line type, you can specify the ledger account and dimensions to which the transactions must be posted. You can specify the same ledger account and dimensions for multiple line types. Related topics To set up procurement card processing Line Type The code to specify the type of transaction that results when a procurement card is used. Discrepancy Reason The default descrepancy reason code for statement lines with this line type. As a descrepancy reason code is used when you import credit card statements, this field is mandatory. Ledger Account The ledger account. If the Line Type field is set to Past Adjustments or Other, the ledger account is defaulted when procurement card statement lines are created. If the Line Type field is set to Purchase Requisition, the ledger account is defaulted when excess billing is carried out. Text The reference text. Line Category You must specify the reason for the procurement card payments. The reason for a procurement card payment can be for: Purchase requisition. This is the default value. Past adjustments. Lines of this type are used to close a previous credit card statement. If a previous statement was not fully paid, the open amount appears as an entry on the current statement. The line type of the statement line with the open amount will be Past Adjustments. Others. Lines of this type indicate costs related to the possession of a procurement card (such as the interest costs), or correction amounts. Text If this check box is selected, a reference text is present. Search Key The search key helps identify the value entered in the Description field. Financial Company The financial comany to which the procurement card transactions must be posted. If the line type category is Past Adjustments or Others, you can select a financial company. |