A contra debtor account can be used to journal cash receipts to instead of a GL clearing account.
Prerequisites
To use this function, you must have a version of proledb.spl of at least 2.01.
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To check what version of proledb you have use F3 and then command on ERP on type: prospl proledb -version If you get a message: then you are on a version that preceeds 2.01 (the version checking facility was created in 2.01) otherwise you will get the version number as follows:
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Background
When a cash receipt is taken online using a credit card, the credit card payments do not get credited directly to the merchants back account immediately. They are generally batched up at the end of the day and credited as one amount. The reason this is done is that a single day may contain thousands of credit card receipts and having these all credited to the bank account would cause reconciliation nightmares. The default CSS methodology for managing this scenario is to use a special account in the CRM called "CSSBANK" which will get the individual receipts posted to it during the day. The credit card gateway system will provide a report at the end of the day as to the amount that has been transferred to the bank account and a journal should be done to Debit Cash at Bank and Credit CSSBANK thus clearing the account.
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