> For the complete documentation index, see [llms.txt](https://help.travelledger.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://help.travelledger.org/untitled-1.md).

# Processing Entity Schemes

## What is a Processing Entity (PE)?

A **Processing Entity (PE)** is an organisation such as a trade body, that provides settlement and other services for transaction undertaken between its buyer and seller members.  

Travel Ledger currently operates two PE Schemes, ABTA and Advantage. To view the public holiday schedules for each scheme, please click the following link:

{% content-ref url="/pages/nWibC5SUCVx8qRx1MS5M" %}
[Public Holiday Schedules](/help-and-support-1/public-holiday-schedules.md)
{% endcontent-ref %}

For information on refunds under the ABTA scheme, please click the following link:

{% content-ref url="/pages/p3YbjVc2pWEVeuxDlZah" %}
[Refunds on the ABTA Scheme](/untitled-1/refunds-on-the-abta-scheme.md)
{% endcontent-ref %}

### What does a PE do?

On a day-to-day basis a Processing Entity will mainly be responsible for governing members access as well as monitoring and resolving key issues related to the settlement of transactions. 

**A Process Entity's tasks in Travel Ledger are as follows:**

* **Ensuring that Commercial Links exist between Sellers and Buyers**
*  [Managing Commercial Links](/managing-your-partners/managing-commercial-links.md)
* **Ensuring there is a Payment Scheme**
* **Ensure that there are business terms and settlement schedules in place**

For example, when the system is first set up, or new members are onboarded, the PE will create an invite to the platform, assign the appropriate commercial links and associated configuration to enable transactions to take place between the partners. 

{% hint style="info" %}
**Click through to** [**Payments Overview**](/managing-your-partners/commercial-link-creation/payments-overview.md) **for support and guidance on configuring Commercial Links and the supporting elements.**
{% endhint %}

{% hint style="info" %}
**Click through to** [**Sending Company Invites**](/managing-your-partners/sending-company-invites.md) **for support and guidance on inviting new partners to the platform.**
{% endhint %}