Payment card

[Former Member]

hi,

Can anyone tell me what is the use of payment cards in sap sd?

[Former Member · Accepted solution]

Hi Friend,

<b>Payment Card</b> can be used for cash-free payment in a variety of business transactions, from buying goods at a local store or over the Internet, to procuring goods and services on behalf of a company.

The main payment card categories involved in payment card processing in the SAP environment are:

<b>Credit cards</b>

Used for purchasing goods and services with regular billing, usually with extended credit.

<b>Customer cards</b>

Used by customers to buy goods and services from a specific merchant or group of merchants.

<b>Debit cards</b>

Used as a means of cashless payment. The cardholder's bank account is debited instantly.

<b>Procurement cards</b>

Issued on behalf of companies to employees for purchasing items up to a given amount.

<b>Walking cards</b>

Issued on behalf of companies to employees for purchasing a wide range of goods and services for company travel.

[Former Member]

Hello Raja,

Payment cards frequently replace cash as a means of payment, becoming indispensable to

customers and valuable tools for businesses. The importance of payment cards requires their

integration into modern business processes.

Payment card processing in the R/3 System offers you a wide range of functions in Sales and

Distribution, Retail point of sale, Financial Accounting, and Internet commerce. It contains the

basic tools you need to handle payment cards in a variety of business environments.

1. When you create a sales order , you can enter credit card data manually, or copy it from the payer master record. You can enter one card in the sales order overview screen. You are able to enter multiple cards, or multiple authorizations on one card, in

the payment card plan in the sales order header. The system automatically authorizes the sales order when you save it.

2. At a later time, you create the delivery. The authorization may have expired in

the meantime, so the system checks to ensure that it is still valid. If the authorization is

no longer valid, the system tells you to reinitiate authorization in the sales order. You

complete and save the delivery.

3. When all the items are picked, packed, and goods issue is posted, you create a billing

document. Here, payment card data is copied from the sales order, or

uploaded directly into the billing document from an external system, as in the case of

point of sale. The system uses the authorizations in the payment card plan to calculate

billing amounts. You process the billing document and release it to Financial Accounting.

When you release the billing document, the system copies the payment card information, billing

amount, and authorization information into the accounting document. In accounting,

receivables are posted to a special cash clearing account for the clearing house. The appropriate

settlement process is then carried out according to the category of the card used. For instance, if

a procurement card is used, additional data about the purchase is submitted for settlement.

<b>REWARD POINTS IF HELPFUL</b>

Regards

Sai

Message was edited by:

Sai Giridhar