Settlement And Reports; Settlement - VeriFone EFTPOS 1 User Manual

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-off.
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
Press ENTER Key
92 EFTPOS 1 USER GUIDE