How Do I Offer Level III Line Item Detail for Procurement Accounts?
Regular consumer credit card statements include Levels 1 and 2 transaction details (merchant and order totals). Corporate and government purchasing card statements require Level 3 procurement details. Level 3 details may include line item pricing, quantities, product codes, descriptions, shipping ZIP code, freight amount, and duty amount. • selling price • item quantity • unit of measure • a generic item name or description: “Office Supply Products/Furniture” • transaction category number or product code: 001 • shipping ZIP code • freight amount • duty amount • line item tax (for Visa) • extended line item total (for Visa) Processing Level 3 transaction detail may be critical to land corporate or government procurement contracts. It can also significantly lower your costs for credit card processing. When you enter an order, receive and process customer credit card payments in Accounts Receivable or from ECinteractive, DDMS processes Level 3 details for years using a specialized softwar
Regular consumer credit card statements include Levels 1 and 2 transaction details (merchant and order totals). Corporate and government purchasing card statements require Level 3 procurement details. Level 3 details may include line item pricing, quantities, product codes, descriptions, shipping ZIP code, freight amount, and duty amount. • selling price • item quantity • unit of measure • a generic item name or description: “Office Supply Products/Furniture” • transaction category number or product code: 001 • shipping ZIP code • freight amount • duty amount • line item tax (for Visa) • extended line item total (for Visa) Processing Level 3 transaction detail may be critical to land corporate or government procurement contracts. It can also significantly lower your costs for credit card processing. When you enter an order, receive and process customer credit card payments in Accounts Receivable or from ECinteractive, DDMS processes Level 3 details for years using a specialized softwar
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