QuickBooksHelpIntuit
Learn about Level 3 data processing in QuickBooks Payments
by Intuit•12• Updated 4 months ago
Learn about Level 3 data processing in QuickBooks Payments.
Level 3 data are line-item details about a credit card purchase. It includes items, quantities, and other order info. With Level 3 data processing, QuickBooks sends this info to Visa and Mastercard.
- This level of data is only shared when you process a commercial card.
- The card association and issuing bank sends the info to the cardholder's company. This helps them monitor and record their purchases.
- Use this to strengthen your business bond with your clients.
Examples of level 3 data
Data | Description |
Freight amount | Total freight or shipping and handling charges |
Duty amount | Import or export charges |
Discount amount | Amount applied to total order and line items |
Product code | Product code of an item |
Product description | Text description of an item |
Quantity | Number(s) of item(s) purchased |
Unit of measure | Standard for quantity |
Unit cost | Cost of measurable unit |
Item commodity code | Used to segment and manage spending |
Sales tax | Tax amount, rate, and type |
Line item total | Calculated as price times quantity |
Customer reference number | Numbers used to track order |
Learn about commercial credit cards
Visa and Mastercard offer these types of cards for companies and government agencies to manage their spending.
- They can restrict card usage to specific types of purchases.
- It’s easier to get approval with commercial card payments which helps you get paid quicker.
- These cards can help lower financial risks for you.
Examples of commercial credit cards
Purpose | Card type |
Procurement expenses | • Visa Purchasing card • Mastercard Purchasing Card |
Travel and entertainment | • Visa Corporate Card • Mastercard Corporate Card |
Multi-purpose card | Visa Commercial Card |
Sign in now for personalized help
See articles customized for your product and join our large community of QuickBooks users.
More like this
- Process payments in the GoPayment appby QuickBooks•541•Updated July 03, 2024
- Understand double or pending charges on your bank or credit card accountby QuickBooks•20•Updated October 01, 2024
- Take and process payments in QuickBooks Desktopby QuickBooks•40•Updated August 05, 2024
- Process payments with the QuickBooks Card Readerby QuickBooks•32•Updated May 01, 2024