How do I reconcile my batch report on the CashFlow program?
On your Dejavoo batch report, you will have several numbers at the bottom.
Below is an example of a batch report:
What is my bank deposit tomorrow?
Looking at this batch report, you'll notice the red background number 1 next to Total.
To calculate your deposit :
- (Total) x 0.9616 = deposit amount
- Or using this example: 1.24 x 0.9616 = 1.192384 = 1.19
Based on rounding and using calculations on an already calculated and rounded field, your deposit will often differ by a penny.
What did it cost me to process my tips?
Your merchant account is boarded on a flat rate pricing program to support the requirements for CashFlow to be card brand compliant.
To calculate your cost of tips:
- (Total tip) x 0.0384 = Cost of processing tips
- Or using this example: 0.20 x 0.0384 = 0.00768 = 0.01
How do I compare the credit card receipt total to my Point of Sale total?
When you run your z-report or end of day/shift report on your point of sale system, you'll want to match your total sales to your Total w/o fee/tip on the batch receipt.