Payment Reconciliation Methods
While reconciliation may look a bit different from company-to-company, POSaBIT has identified some common reconciliation methods for you to use. This article will list several reconciliation methods that are supported by POSaBIT as well as link to articles that give step-by-step instructions on how to perform each method:
- Sales Reconciliation: Reconcile your POS transactions to your POSaBIT payments. Click HERE for step-by-step instructions on how to perform a sales reconciliation.
- Deposit Reconciliation: Look into which specific transactions make up each deposit as well as any discrepancies that may be affecting the deposit total. Click HERE for step-by-step instructions on how to perform a deposit reconciliation.
- Daily Purchase Reconciliation: Identify which batches/transactions have been settled and paid out versus ones that are still unsettled. Click HERE for step-by-step instructions on how to perform a daily purchase reconciliation.
- Batch Summary Report: Compare POSaBIT batches to the batch reports that your budtenders receive at the end of their shifts. Click HERE for step-by-step instructions on how to compare the batch summary report within the POSaBIT portal to batch reports that are printed directly from the terminal.
