Defining credit/debit card codes and accounts

In order to process credit/debit card receipts, you must define the card codes on the Set up cash accounts window. This setup allows each card to have a unique bank account, for example, VISA=1020, AMEX=1030, DISC=1040 and so forth. This setup also allows card payments to override the batch bank account, because each card has its own bank account.

If the batch control option is not enabled, assigning a GL account number to a credit/debit card code takes precedence over the cash account selected for the batch and the default cash account number.

When you use batch control to define credit/debit card code accounts, you can enter both cash transactions and credit/debit card transactions, creating a mixed batch. iMIS splits and posts the payment transactions accordingly.