Auto Settlement; Manual Settlement - Westpac EFTPOS Now Quick Reference Manual

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Settlement Totals
Settlement is the process that's completed so you can be paid for your transactions.

Auto settlement.

The terminal will automatically settle every day at your nominated auto settlement
time. A default auto settlement time will be assigned if you haven't chosen an auto
settlement time.
The terminal must be turned on to complete an auto settlement. If your terminal can't
complete an auto settlement, we'll conduct the settlement on your behalf.
If you wish to change your auto settlement time, contact the Merchant Helpdesk.

Manual settlement.

You may perform a manual settlement at any time throughout the day – before
the auto settlement occurs. However, settlements can't be processed between
9:30 pm and 11:00 pm (Sydney time).
1
Select the menu icon
2
Select Settings.
Select Account.
3
4
Select Settlement.
5
Select Settle Now, this will trigger the manual settlement.
6
The settlement report will be displayed on the screen and printed.
Important: You can only perform a settlement once a day, before 9:30 pm (Sydney
time). A settlement done after 11:00 pm will be processed as a settlement for the
next day.
8
located at the top left of the amount-entry screen.

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