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11 Settlement and Reports.
11.1 Settlement.
Settlement for EFTPOS 1 can occur via a programmed terminal settlement or a manual
settlement� The terminal must be powered on and be able to communicate with the bank
for settlement to occur at the programmed time�
Important Points to Remember:
If a settlement is not performed during the day, all online transactions will automatically be
processed when the bank completes the daily cut-o.
You can only complete settlement once in a 24 hour period. – If you have attempted to settle
twice, you will receive a message saying “ALREADY SETTLED TODAY”.
ALREADY
SETTLED TODAY
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