Create a Credit Card Statement
Create a credit card statement in which to reconcile the credit card charges from your credit card company with the expenses that you enter in DPS that were paid with the company-issued credit card.
Prerequisites: You must set up a primary credit card in
before you can create a statement for it.Before you can import credit card charges, you must create a statement for the charges to be imported into.
To create a credit card statement:
- On the Navigation menu, click .
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On the Credit Card Statement Selection dialog box, complete the following actions:
- In the Credit Card field, select the primary credit card for which you are creating the statement.
- In the Statement Status field, select New.
- In the New Statement Date field, enter the expected date for the statement closing or enter the beginning date of the statement. The statement date is the identifier for a particular statement. You can change the statement date at any time using the Modify Date button on this dialog box.
- In the Opening Balance field, enter the opening balance of the credit card statement. This is any unpaid carryover balance from prior statements. If your statement was paid in full in the prior month, enter zero as the opening balance. At any time while the statement is open (before the statement is reconciled and closed), you can change the opening balance in this field or in the Statement Beginning Balance field on the Main tab on the Credit Card Statement Reconciliation form.
- In the Closing Balance field, enter the closing balance of the credit card statement, if you know it. At any time while the statement is open (before the statement is reconciled and closed), you can change the closing balance in this field or in the Statement Ending Balance field on the Main tab of the Credit Card Statement Reconciliation form.
- Click the Select button.
- On the Credit Card Statement Reconciliation form, enter the range of dates to determine which expenses from expense reports and AP disbursements that were paid by company-issued credit card will be included in the statement.
- Click Save on the toolbar of the Credit Card Statement Reconciliation form.
If you import charges from your credit card company for this primary credit card, you can begin importing charges into this statement.