Reporting product code

About reporting product code

Reporting product codes classify products and services into defined categories to support financial and reporting processes.

In the card module, the reporting product code is included in all transaction and contract event messages. These messages are consumed by the finance API, which uses the data for reporting purposes.

Within Tuum financial entries, reporting product codes can be linked to general ledger (GL) accounts associated with a customer account or contract. They represent receivables, payables, and related revenue or expenses.

The use of reporting product codes is optional. If your organisation has not opted to enable them, they will not be included in your Tuum system configuration.

Where reporting product codes are required

You must select reporting product codes for the following entities:

• Each debit card product you create.

• Credit types.

• Credit card instalment plan types.

The same reporting product code can be used across multiple card products, if applicable.

Where reporting codes cannot be used

Reporting product codes cannot be used for the following:

• Transit-type GL accounts, such as payment transit accounts or internal transit accounts between Tuum business modules.

• Nostro accounts, including any related fees or interest.

To manage reporting product code lookups, see Reporting product code lookups.