Clearing & Settlement Summary

This report enables you to view the clearing and settlement summary for a merchant over a specified date range.

Note: Posted transactions will show on the merchant statement, whereas non-posted transactions will not.

Also, settled transactions are funded by the acquirer, whereas non-settled transactions are funded by another party, such as American Express or Discover.

This report also enables you to determine if reserve activity is present for the totals currently displayed on the report. The Reserve field displays a Y if there are reserved funds, or an N if there are no reserved funds. Additionally, the R indicator in the ACH Adjustment – Amount column appears if the adjustment totals include reserve funding adjustments. The R indicator will also link you to the Reserve Funding summary to access additional Reserve Funding information.

Note: These fields will only display if the merchant in context is configured for Reserve Funding.

The report displays information in Batch and ACH Deposit Entries sections:

To display more detailed information:

1. Select the amount link in the ACH Deposit Entries / Amount column.

   The Deposit Summary page opens with ACH entry details.

2. Select the amount link in the Batch / Amount column.

   The Settlement Summary page opens with batch details.

3. To return to the previous report page, select the Back to Clearing & Settlement Summary link.
4. At the Settlement Summary page, in the Payment Type section, select one of the Total amounts to open the appropriate report page.

   This table describes the report for each payment type:

This is an example of the Settlement Details - Visa Sales report: