Reconciling Deposits with Payment Processor
Posted March 18, 2021
The PCR Educator Finance system uses a Payment Processors to process check and credit card payments electronically. Typically a Payment Processor company deposits several receipts at once at a preselected time every day. It’s critical to specify the same settlement time on the PCR Educator side and Payment Processor side to ensure accurate deposit accumulation.
Note: the system creates separate deposits for echecks and credit cards.
Note: to ensure that receipts from multiple modules go to the same deposit, please specify the same deposit name in all Auto-Pay Configuration (Finance)
1. Reconciling Credit Card Deposits with Payment Processor
2. Reconciling eCheck Deposits with Payment Processor
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