Introduction - Micros Systems Restaurant Enterprise 3700 POS Reports Manual

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Introduction

Most restaurants that accept credit cards perform credit authorizations,
either electronically or manually. Many also perform credit card
settlement electronically. Electronic settlement involves transmitting
information about each authorized charge to the processor. For each
charge, the 3700 system creates a record that can be transmitted to the
processor for settlement. Records are usually grouped together in a
"batch," then transmitted to the processor together.
The 3700 CA/EDC Reports list all credit card charges in a batch and
provide account information about each one. They also track electronic
credit card settlements that are done using drivers supported by the 3700
system. These reports tell you the status of a batch settlement, notify you
of credit card charges that did not settle, and help you balance your bank
statements.