Deposits Reconciliation | SpotOn Restaurant Reporting

1. On your Reporting site, select Daily Sales Recap from the Reports menu on the left

2. Under the Payments section, scroll to Total Credit Cards

• In this example, the Total for Credit Cards is $3,086.08

• This amount will be deposited in your bank account in two business days, minus any daily processing fees and/or SpotOn Financing

  • To view this, go to your Dashboard (login information will be found in your credentials email received around time of install)

3. On your Dashboard, select Deposits from the menu on the left

4. Select Batches

5. Use the Date Filter to select the applicable date

• If the restaurant batches before 10pm EST, the batches will show on the same business day

• If the restaurant batches after 10pm EST, the batches will show up on the next business day

• This report will show your separate batches, as each payment device batches simultaneously, but separately

6. If we add up the total batches on the Net Deposits column, the amount will be the same as the Total Credit Cards from the Daily Sales Recap from the day prior

• In this example, the Net Batch Amount is the expected $3,086.08

• Remember, weekends/holidays will impact the day the deposits are received in the bank

• Must batch by 10:30pm EST, 9:30pm CST, 8:30pm MST, 7:30pm PST to receive next-day funding.

• Weekend batching/deposits will be determined by the merchant bank, and the days listed may not align/apply to your bank.