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All about Commercial Card Processing
Commercial cards (also known as corporate cards or purchasing cards) are special credit
cards that are given to employees of businesses, governments, etc., for company
purchases. Commercial card transactions record a customer code and a tax amount. The
customer code is the code that is assigned to that cardholder (by his/her company), and is
typically used for accounting within the cardholder's company. The tax amount is the
portion of the total amount that is attributed to tax. It is also kept separate for accounting
purposes.
Note: The tax amount you enter will not be added to the transaction amount you enter.
Rather, the tax amount specified is merely recorded as being that part of the total amount.
Example: You enter an Amount $: of 1.00 and a Tax $: of .05. Only $1.00 is charged to
that card. The $.05 is recorded as being the tax portion of the total amount.
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