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 Credit Card v9, RM50 GST dilemma

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hye
post May 6 2010, 05:20 PM

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Guys ... we should be moving on to a new thread ...
wufei
post May 6 2010, 05:51 PM

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agreed, anyone want to be thread starter?
swgiant
post May 6 2010, 07:18 PM

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Hello, my retail shop have a MBF terminal of merchant credit card. Then, it will print out the daily settlement report. But why sometimes it does not match to the bank statement?

Eg. Sales made for 01/03/10 is RM 1,000 (as per daily settlement report)
But when matching to the bank statement, there is no RM 975 been transfered to the bank account!

Why? Where is RM 975 gone? Even in the subsequent of bank statements also no show of that amount.

Will it happen as due to loss of transactions?

This post has been edited by swgiant: May 6 2010, 07:22 PM
yhtan
post May 6 2010, 08:08 PM

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QUOTE(swgiant @ May 6 2010, 07:18 PM)
Hello, my retail shop have a MBF terminal of merchant credit card. Then, it will print out the daily settlement report. But why sometimes it does not match to the bank statement?

Eg. Sales made for 01/03/10 is RM 1,000 (as per daily settlement report)
But when matching to the bank statement, there is no RM 975 been transfered to the bank account!

Why? Where is RM 975 gone? Even in the subsequent of bank statements also no show of that amount.

Will it happen as due to loss of transactions?
*
i believe the RM25 is the bank charges which is 2.5% of the sales amount
MilesAndMore
post May 6 2010, 08:25 PM

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Please proceed to this newly created thread > Credit Card v10

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