Payables and Cash Management - EBS (MOSC)

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Credit Card Process Flow

edited Aug 22, 2012 5:03AM in Payables and Cash Management - EBS (MOSC) 8 commentsAnswered
 Hi Folks,

Individual Pay. Employee pays the credit card provider for all credit card
transactions.
• Both Pay. The employee pays the credit card provider for personal expenses, and
your company pays the credit card provider for business expenses.
• Company Pay. Company pays the credit card provider for all transactions.


Could some one provide me the business example along with accounting entries for each scenario.

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