Credit Card Processing Overview. Credit Card Setup Overview  Call The Business Link (973-473-6599) Decide on Processor/Clearing House Software. Eprocess.

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Presentation transcript:

Credit Card Processing Overview

Credit Card Setup Overview  Call The Business Link ( ) Decide on Processor/Clearing House Software. Eprocess Network Authorize Net IC Verify  Setup with your bank

How it Works MDS Transaction Entered with Credit Card Send Transaction to Processor/ Clearing House Via Internet Credit is Checked Hold (Reserve) or Sale is Placed against the Card MDS Receives Approval/Denial Denial Transaction Placed On Hold Approval Order Ships or AR Updated

MDS System Setup Parameter Maintenance

MDS System Setup Parameter CC.INFO  Parameter CC.INFO

MDS System Setup Parameter 001

MDS System Setup Terms Maintenance

MDS System Setup Credit Card Control

Order/Quote Process Flow  In quotes – CC cash is applied as a Deposit  In Order Entry the Ship Amount plus a freight allowance is Authorized at Entry time  During Verification each Shipment is Checked against the Auth Amount  If the Amount is the same the Auth is Sent for Approval  If the Auth Amount is Different the Auth will be canceled and a new sale for the Release Amount will be sent  Drop Ship Orders will Prompt if you want to Bill upfront, if yes it will send a sale for the full amount At Invoice Update time (Online or at EOD) the MDS System will create an On Account record and an Invoice Record. The two transactions will be applied to create a zero balance  Payments or Credits can be done using the Payment Entry Screen

MDS Order Entry

Getting CC Authorization

CC Approval/Denial Message

Credit Release Maintenance

Payment/Credit Using a Credit Card

Customer Relationship Management

A/R Inquiry – On Account

A/R Inquiry – Invoice

Accounting Procedures Summary  Invoices will show as paid  O/A will show as open until they are Applied  Any Items paid off from the CRM system will display a note to the Cash Operator on how to Apply  You can print a Receipt for your records  You can run reports to match to daily cash  Daily Cash Batch with CC in the beginning (CC- Visa, CC-Amex, etc) will allow you to tie out to Daily/Monthly Totals from your Merchant Bank report the same way

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