TD Move 5000 - Business Day Functions; Performing a Settlement (Day Close)

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Business Day Functions
Performing a settlement (day close)
A settlement must be performed on each terminal in order to maintain accurate records
and balance your accounts. This is important as it:
• Closes all open batches.
• Checks for and downloads
available updates.
• Prints selected reports.
• Starts a new business day on the
terminal by opening a new batch.
There are two options for settlements:
• Automatic daily settlement (the system settles each night at 11:59 ET) if you
have this set up through TD Merchant Solutions.
• Manual settlement is managed by yourself and is best performed daily. You have a
deadline to perform a manual settlement. This is called your balancing window and
it is set on the system. If your manual settlement is completed before your balancing
window ends, you’ll receive same or next business day deposit for credit and debit
card totals. Otherwise, they will be forwarded to the next business day.
Forced settlement occurs if a manual settlement is not performed on a terminal
every three business days. Forced settlements will incur a higher cost per transaction
so it is in your best interest to manually settle your terminal every day.
To perform a manual settlement:
1. Tap the Settlement icon.
2. Conirm that you want to close the business day (Yes or No).
3. Conirm that you want to print the settlement reports (Yes or No).
4. The terminal reboots.
• Performingasettlementwillnotcloseanythirdpartyapplicationsonyourterminal.
Youmustgointotheapplicationandperformadaycloseseparatelyforit.
• Thisprocessmaytakeawhileifalotoftransactionshavebeenconducted
duringtheday.
• Do not process any transactions, press any buttons, or disconnect your
Internetservice,untilthesettlementprocessiscomplete.