Card Settlements: Payout Dates, Fees and Matching Batches to the Bank
This lesson is part of the course
In this lesson
You work out the fee and the expected payout of each card batch, the payout date with WORKDAY, match the batches to the bank credits with COUNTIFS and explain the lines that do not match.
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Lessons in this course
- The End-of-Day Report: From Gross Sales to Net Sales by Tax Rate Locked
- Tender Breakdown: Cash, Card, Vouchers and the Tender Check Locked
- Card Settlements: Payout Dates, Fees and Matching Batches to the Bank Locked
- Cash: Expected vs Counted, Over/Short and Tolerance Flags Locked
- Tips and Service Charges: A Liability, Not Sales Locked
- Gift Cards and Vouchers: Liability When Sold, Revenue When Redeemed Locked
- The Daily Sales Journal: Debits = Credits and Clearing Accounts at Zero Locked
- The Month View: Reconciliation Status, Open Items and Their Age Locked