Saturday, January 30, 2016

Rack up the Miles!! - Part II

TSH Releases Credit Card Statement Upload and Match System

Image result for credit card pointsWant to rack up those rewards miles? - the MDS A/P transfer subsystem will let you do that quickly and easily. our Integrated Accounts Payable (A/P) system allows you to receive and enter invoices from vendors and will automatically check for a purchase order and receipt of the goods on the purchase order before releasing it to pay.  But we realized that matching those hundreds of charges on your credit card up to your expenses and invoices was not quite as easy. 

To remedy that we have released our updated Credit Card statement upload and match system. This system allows you to upload a spreadsheet or text file from your bank or credit card provider. The MDS system will then display and allow you to import and create journal entries for new items or when using the integrated bank reconciliation module you can now match invoices to charges.

Traditionally when it was time to pay your only option was to cut a check. however more and more vendor accept credit cards as a payment. the problem is that invariably the credit card and vendor invoices are not always entered  in the same time frame and to reconcile the payments against your vendor's invoices was time consuming and difficult. 

Now MDS allows you to take all the open payable from one vendor and "transfer" them to your credit card for payment 
the check can then be cut to Amex, Visa, Mastercard etc.  -but the payable will show the payments against each individual invoice for the original vendor. 

Image result for rack up the miles
The MDS system will then generate an email remittance to your vendor showing them which invoices to charge on your card and you can then reconcile the credit card statement in MDS.

Use your business software to help you to maximize your miles.

For more information on TSH or MDS call The Systems House, Inc. at 1-800- MDS-5556. Or send a message to
Click here and tell us how we can help you with your business solutions.