Skip to end of metadata
Go to start of metadata

You are viewing an old version of this page. View the current version.

Compare with Current View Version History

« Previous Version 6 Next »

In Wavelet EMP, the card payment configurations are used to specify the various payment modes using credit cards, but not including cash, cheque, etc.


Card Payment Config 

Menu Path: Credit Card Maintenance > Card Payment Config

 Company
  • Select  'Company' for receiving payment and click 'Set Company';
 Preferred Cashbook
  • The cash book at which the transaction would be recorded could be specified here for bank reconciliation purpose.
      • Tick 'Auto Select': and select a cashbook to record the transaction. Transaction from branch (which MUST be ACTIVE) will automatically go to selected cashbook.  
      • No Tick: The transaction will posted to Default Cashbook ( in Branch Configuration) and not appear in Other Details. 
        NOTE: Recommended to create individual cashbook for individual card payment type. 
 Branch Filter
    • This is to decide whether the payment mode is applicable to all branches or if it is applicable to only specific branch.
    • The reason to filter the payment mode by branch is to minimize mistakes of the Point of Sales cashiers (in Full Screen Cash Sale)  when select the payment mode because certain payment mode MAY BE ONLY applicable to specific branches. More options / choices for the cashier means more mistakes.
      • Inactive - Set not available branches
      • Active - set available branches
 Sort Code
  • When the payment mode is being listed, sometimes, certain payment mode are displayed at the bottom, to make the application more users friendly, users could make use of this field to sort the drop down list according to sort code. Hence, the frequently used payment mode could be sorted at the top. This will not be displayed in Full Screen Cash Sale. 

  • Example : 100010, 100300, 300230, A2300 etc

  • Bank Code
      • When selecting the payment mode, especially for credit card transactions, some point of sales would like the issuing bank of the credit card to be recorded. To automate this data entry, users could fill in the bank code, and at the Point of Sales, when this card payment configuration is selected, the bank code will also be auto populated.

      • Example : RHB, MBB, PUB, SBB…etc..

  • Bank name

      • Full name of related merchant bank. 

      • This is for display purpose, instead of reading the bank code, it is more user friendly to allow the users to view the transactions by bank name. 

  • Payment Mode
      • The payment mode code is being displayed at the drop down list at the Point of Sales  Full Screen Cash Sale. When specifying the payment mode, it is important for the person who configure this to make it as UNIQUE.
      • This will also be displayed in the management reports, collection reports etc.

      • Example : VISA-MASTER, RHB EZ VISA 6M,HLB EPP 12M etc. 

      • NOTE: If Empty,  Merchant list in Full Screen Cash Sales empty. 

  • Card Type
      • Sometimes, certain payment mode are only applicable to VISA, MASTER, AMEX, DINERS etc.
  • Policy On Charges
      • The system is able to auto calculate the net amount paid by the banks when cashier uses the credit card terminals. The difference between the amount paid by the consumer and net amount is automatically charged to the P&L as finance charges.
        • Ratio: Charges by percentage (E.g: 1.5%)
        • Absolute: Predefined fixed charging amount regardless of transaction amount (E.g: RM5 for each payment) 

  • Tax on Charges / WHT On Charges: 

      • Should be configured correctly base on the Country's Royal Customs requirements. 

  • Admin Fee Options： 

      • At Full Screen Cash Sale, the policy on finance charges above are for the bank end, means between the merchant and the banks. For certain businesses with low margin (for example: computer shops), the finance charges for the bank might just erode the gross margin completely. Hence, there’s a need to impose finance charges to the customers should they prefer to pay with credit cards.

        • OPTION: Allow the users to specify whether to impose admin fee to the consumers.

        • Ratio / Percent:  0.01 = 1% (percentage charges to the customers based on the card amount)

        • Item Code For Charges: Users can define this admin fee to specific item code by applying this. 

        • Rounding:  When rounding off the admin fee, the precision in terms of the number of decimal places could be specified here. Rounding Mode Introduction

  • Default Payment Remarks: 
      • Safely ignore this field, it is only applicable to Florist module.
  • Select correct Payment Type.
  • Click 'Add Now'.
Card Payment Listing

Menu Path: Accounting > Maintenance > Configuration > Card Payment Listing

Filter Criteria

  • Company / Branch /Cashbook / Payment Type
Edit Card Payment

  • Click on 'Edit' for the target Card Payment Mode. 

Found 5 search result(s) for Card Payment Credit Card.

Page: Credit Card Maintenance (Merchant / Card Payment Config) (Wavelet Management Suite)
2019-Mar-09
Page: Upload Credit Card Payment (Wavelet Management Suite)
2018-Mar-13
Page: GST on Credit Card Charges (Manually) (Wavelet Management Suite)
2015-Sept-03
Page: Tax Filing For Credit Card (Wavelet Management Suite)
2018-Dec-17
Page: Card Payment Listing (Wavelet Management Suite)
2019-Jan-27


  • No labels

Private & Confidential