Office - Edenred User Guide
Table of Contents
Overview
Please follow the steps in this document to process a payment with Edenred in Clubessential Office. These steps are to be followed once vendors have elected to receive payments from Edenred, and Edenred has added the vendors to their GPS (Global Payment Solution) account. If the vendor is not set up as such, the payment will not reach the vendor.
Required Permissions
Create a New Ledger Account for Edenred Clearing
This GL account will be used when sending the Edenred payment to the vendor.
Select General Ledger, Accounts across the top ribbon and create a New account. Set up the the account as follows:
Account Category should be Current Assets.
Assign an Account Number that is in the same range as your current banking accounts.
Type should be Other Bank Account.
Select Balance Sheet as the Department.
On the Banking tab begin a new check sequence for Edenred by specifying the Next Check # to use.
This step is up to the interpretation of the club. The check sequence may begin in any order the club deems fit, or continue in the order of their current check sequence.
Mark Vendors for Edenred Payment
Once Edenred has enrolled eligible vendors to their GPS account, the vendors will also need to be flagged for Edenred Payment within Clubessential Office.
Select Accounts Payable, Manage Vendors and choose the vendor to be added.
Select Vendor Setup on the left pane of the vendor and choose VMC for the Edenred option.
Create a Vendor Invoice
Navigate to the Accounts Payable user menu and select Enter Vendor Invoices.
Add a New batch or choose an existing one and add another invoice.
Search for the Vendor.
If the Vendor has outstanding Item Receipts you may add those as well by clicking Find Item Receipts.
Enter the Invoice Number.
Ensure Terms of the Invoice are appropriate.
Enter the Invoice Date.
Due Date will populate based on Terms. Override if necessary.
Enter Invoice Amount.
Enter the Invoice line(s).
Once complete, click Save & Close.
Select Finish and Post the batch.
Pay the Vendor
Navigate to the Accounts Payable user menu and choose Pay Bills.
Then, complete the Pay Bills screen as follows:
Pay From: Choose the Edenred Edenred Clearing account.
To easily find the vendors marked for Edenred Edenred, check ‘Show Edenred Virtual Master Card Vendors Only’.
Click the Pay box next to the vendors you wish to pay.
Do not choose the Electronic Payment box as that is not related to the Edenred Edenred function.
Click Save.
Post the batch on the Post Batch Preview screen.
Run Aged Open Vendor Invoices Report
Go to Interactive Reports, then choose Vendor, Aged Open Invoices.
Set the date to the last day of the previous month and click View Report.
Click on the Save icon and choose Excel.
Send this report to Edenred monthly to help enroll your vendors for Edenred Payment.
Best Practices
Reconcile your Edenred Clearing Account on a timely basis to identify any issues that need resolution.
FAQs
What does VMC stand for?
Virtual Master Card - to learn more, click here.
