How to Reconcile Your Credit Card Payments and Post Deposits Using the Cyncly Pay Settlement Report

To settle payments processed through Cyncly Pay and post deposit, follow the steps outlined below:

Begin by Gathering your Settlement Report

Login to the Cyncly Pay site and navigate to the Settle Report screen.

1. Click Reports.
2. Click Settlement.
3. Review Payments, Fees, and Payout.

Print the Receipt Recap in Order Entry

1. Click Reports.
2. Click Receipt Recap.
3. Select correct receipt register.
4. Tag Stores (combine, if desired).
5. Check the box for "Print Preview".
6. Click Print.

Compare your Receipt Totals with the Settlement Report Totals

Notice that the highlighted lines in the Receipt Totals image below correspond to the ones highlighted in the Settlement Report above. The corresponding lines are detailed in the table below.

Cyncly Pay Settlement Report	RFMS Receipt Totals
Received	Total Receipts
Fees	Credit Card Fees
Payout	Net Deposit

Submit your Net Deposit Through Accounting

1. Click File.
2. Click Banking.
3. Click Add/Edit Checks (if multiple registers exist, select the correct account).
4. Select the Post Deposit button.
5. Enter Deposit Date.
6. In the box for Deposit Amount enter the full amount that appears under the Total Receipts section of the Receipt Totals.
7.  Create the Deposit Number.
8. Confirm the box for "Deposit for Sales Income" is checked.
9. Click OK.
10. Select the correct receipt register.
11. Click Finger icon (or double click register) to confirm it.
12. Enter ending receipt number.
    
13. Click OK.
14. Click OK after RFMS Prompts for the NET DEPOSIT amount.
    
15. The net amount is posted.
    

Video Walkthrough