Reconciliation for Month End Billing Users

For users who have opted for Month End Billing so that credit card fees come out once a month rather than with each transaction, there will be a slight modification to the recommended reconciliation process. 

From the Admin Panel click Cyncly Merchant Portal 
Click into the Payouts tab 
Click into the line items for the payout you are reconciling 
Click Export 
 
Save the file 
Exit out of the portal 
From the Navigators screen > select Bank Deposits 
 
Click New 
 
 
Click the Settlement Reports button and select Import New Report  
 
 
You will see a contrast screen showing the deposits in FloorManager/JobRunner and the data that is coming in from the payout.  Click the checkmarks all the way through the list as shown below: 
 
 
When the CC Charges is listed in the payout, the two Deposit Total and Payout Total will not match:
 
 

Click the New GL Entry button (1) 
Check the box for the amount to distribute (2)
Select the account you wish for it to go to (3)
Add a Title & Description (4)
Click Accept (5)



This creates a journal entry and a matching transaction on both sides so the Deposit Total and Payout Total will now match:
 



Click Accept 
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