When credit card transactions are authorized in the Credit Card Authorization program, they are not immediately settled. Instead, the system assembles authorized payments in a queue until you settle them.
You must set a phantom to collect payments. Then, with two reports, you can make sure that all payments have been collected.
Use the following three functions to collect and track credit card payments from sales orders:
Credit Card End of Day Settlement Report - Collects selected payments at the end of every business day.
Credit Card Summary Report - Displays all credit card transactions for an indicated date and time frame.
Credit Card Settlement Exception Report - Lists all the duplicate processing and incomplete processing of credit cards within a given period of time.
NDC Totals Report - Lists credit card transaction totals for a specific processor on a given day.
See Also:
Credit Card Authorization Overview
Credit Card End of Day Settlement Report