Financials Module: General Ledger
... Once the worksheet is prepared with a set of unreconciled items, you can activate automatic reconciliation. The system will reconcile entries according to the selected reconciliation methods. Results can be viewed in the worksheet, and any necessary corrections or additions can be made there. Until ...
... Once the worksheet is prepared with a set of unreconciled items, you can activate automatic reconciliation. The system will reconcile entries according to the selected reconciliation methods. Results can be viewed in the worksheet, and any necessary corrections or additions can be made there. Until ...
Merchant account
A merchant account is a type of bank account that allows businesses to accept payments by payment cards, typically debit or credit cards. A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions. In some cases a payment processor, independent sales organization (ISO), or member service provider (MSP) is also a party to the merchant agreement. Whether a merchant enters into a merchant agreement directly with an acquiring bank or through an aggregator, the agreement contractually binds the merchant to obey the operating regulations established by the card associations.