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Processing A Banking Report
Reporting
To ensure the transactions processed by the terminal are being received by your payment processing provider, it is
strongly recommended that you run the appropriate reports:
Banking -The banking report (sometimes called “Reconciliation”) compares the transactions taken by the
terminal with those received by your payment processor. You must run these reports in order to maintain
accurate accounts.
X Balance - An ‘X’ balance may be used at intervals throughout the trading day – for example to separate
takings from different shift periods or staff members. It does not reset the totals for the trading period, but
provides a subtotal of the takings since the last balance report. This total will reset when you do a
Banking/End of Day report.
Z Balance - A ‘Z’ balance will reset the totals. This report shows the transactions taken since the last ‘Z’
balance was run. This report should be used in conjunction with the Banking report at the end of your trading
day to ensure that your takings match those received by your payment processing provider. If the totals do not
match, please contact your payment processor.
End of Day - This option is not an independent report, but a function which runs a Banking and ‘Z’ Balance
in succession.
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