We currently buy things with a credit card. Our current method is to make the PO out to The Credit Card Company and the Purchase Point the supplier. IS it possible to make the supplier be the correct supplier and then payment terms be Credit Card without having to do a credit card reconciliation or anything else.
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Hello Richard,
The recommendation back in the Vantage/Epicor days was to treat the credit card company as a bank. Use POs with the supplier, receive them, invoice them, and then pay from the Credit card bank. I think you could even use Bank Reconciliation to balance your account. When you make a payment to the credit card company, record it as a bank transfer. More financially-minded people may have other solutions but this is the one I remember mentioned by Epicor at one time.
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