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OLD Bank Reconciliation Format

The new format help is here Bank Reconciliation - Statement centric - uploaded and remembered bank statement lines
Note
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titleOld Bank Reconcilation Format

The POS then passes the amount to be paid to the Tyro software which passes it to the Tyro Cloud which puts it onto the device (so internet connection is required)

The user swipes the EFTPOS or credit card - Tyro then tells the tyro cloud to update our POS with the transaction reference, amount etc and the system then completes the transaction

Tyro pays all the money for a day in a single payment (except AMEX which is paid directly by AMEX).  To see these amounts - use the separate AMEX flag on the bank req.

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If the totals are not the same as deposited or reported by Tyro - right click to open the batch an investigate all transactions involved

Clearing CC Batches in OLD Bank Statement

Note

for new capabilibites see Bank Reconciliation - Statement centric - uploaded and remembered bank statement lines

Although the payments are grouped together - we have found that the credit card gateways frequently send a different $ amount to what we would expect based on the payments sent to them.

  1. Reasons for this include - fees they may take out, charges they may add, reversals from failures of payment and other reasons.  

  2. So - when you look at the bank reconciliation we have a list of the expected total from the Credit Card Gateway (the batch total) that you can see.

  3. If the amount they put into your bank is the same as we expected - simply right click and "clear all in batch" on the batch - and it will tick all transactions as included in the statement.

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If the amount they deposited is not the same - you will have to go through the statement they provided and tick off individual transactions on the bank statement so you know which transactions have cleared.

Note

See Bank Reconciliation - Statement centric - uploaded and remembered bank statement lines for reconciliation instructions

Payments from/to Debtors and Payments to/from Creditors and bank accounts

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