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Settlement and Totals

Your terminal supports a set of functions which allow you to manage your settlement cutovers and enquiring on current and previous settlements.

Totals menu options

Settlement Enquiry

A Settlement Enquiry retrieves your current totals and groups those totals by card type. It can be attempted as many times as required without cutting your terminal over to a new settlement period.

Step Instructions
1 Select the Menu button (3 horizontal lines) from the top edge of the display and then the Totals > button.
2 Tap 'Settlement Enquiry' to retrieve the current totals. The report will be displayed on the terminal for viewing or printing.

Settlement Cutover

A Settlement Cutover informs your Bank that you, the Merchant, is closing the current Settlement period and is 'cutting over' to a new Settlement period. All transactions performed after the Settlement Cutover has been performed will appear in the next Settlement period. Cutover is a Merchant Passcode controlled action. Typically, a cutover is performed as part of your businesses end of day procedures, or in some case, the end of a 'Shift'.

As settlement cutover is a sensitive function, it will require the Merchant Passcode to complete.

Step Instructions
1 Select the Menu button (3 horizontal lines) from the top edge of the display and then the Totals > button.
2 Tap Settlement Cutover.
3 Select CUTOVER NOW >.
4 Your terminal will contact your acquirer and attempt to cutover to the next settlement period. The result of the Settlement Cutover will be displayed at the top of the screen and then a report which details your totals for each card type. If your Settlement Cover is failing, see Troubleshooting & FAQ section for common errors and resolutions.

Settlement Summary

A settlement Summary is a basic report which retrieves your current totals without showing any card type information. It can be attempted as many times as required without cutting your terminal over to a new settlement period.

Step Instructions
1 Select the Menu button (3 horizontal lines) from the top edge of the display and then the Totals > button.
2 Tap Settlement Summary to retrieve the current totals. The report will be displayed on the terminal for viewing or printing.

Previous Settlement

A Previous Settlement retrieves the previous settlement period's totals and groups those totals by card type.

Step Instructions
1 Select the Menu button (3 horizontal lines) from the top edge of the display and then the Totals > button.
2 Tap Previous to retrieve the current totals. The report will be displayed on the terminal for viewing or printing.