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 Editing Card Settlements

Use

On the Settlement tab page in the Time Periods group box, specify the time and frequency (time periods) at which you want card settlements to be executed for a card. Card settlements are generally run during end-of-day processing.

Procedure

  1. If you want the system to post the settlement results to reference accounts other than the card reference account specified on the Basic Data 1 tab page, you must specify reference accounts in the Settlement Payment Details group box for each condition type for which you want to calculate settlement results.

    Note Note

    To specify payment details for posting settlement results to reference accounts, you need to define payment detail types, and assign these to posting types.You do this in the Customizing for Account Management (FS-AM) under Start of the navigation path Product Management Next navigation step Settlement Next navigation step Maintain Payment Details Types for Closing Postings End of the navigation path .

    End of the note.

  2. In the Time Periods group box, define the frequency (time periods) at which you want the card settlement to be executed. Note that the frequency is based on the starting date you specify. The date of the next card settlement must be in the future.

  3. In the Do Not Post group box, specify whether you want the system to post the settlement result.

Result

The system executes the card settlement on the dates that you specified, and posts the results according to the settings you entered on the Settlement Payment Details tab page.