How To Reconcile My Arryved Pay Bank Deposits
What Are My Arryved Pay Bank Deposits?
For merchants processing with Arryved Pay, your credit and debit card sales are released to your business bank account 2-3 business days after the original transaction date. Each batch released to your bank is recorded in the Funding Summary Report in your MerchantTrack Portal which can help you reconcile your bank deposits, use this guide to learn how.
Prerequisites
You must have access to MerchantTrack, your Arryved Pay processing portal. Contact Arryved Support if you need access.
How It Works
Accessible from your MerchantTrack Portal, your Funding Summary Report records each batch of funds released to your bank. Compare the number in the report to the total that was deposited into your account. This will help you reconcile your bank deposits and catch any possible errors.
Access The Funding Summary Report
Log into your Arryved Portal as a Super Admin.
From the left side navigation, click Company Settings.
Click Merchant Track SSO.
Click the Sign In button on the screen.
Your MerchantTrack Dashboard will open in a new tab.
There are two ways to access the Funding Summary Report in your MerchantTrack:
You can quickly access the Funding Summary Report from the Dashboard by clicking the ‘View Report’ button on the ‘Recent Funding Activity’ tile. This will show you a list of your most recent funding deposits.
Or, if you want to search for specific dates, access the Funding Summary Report from the ‘Reports’ Tab on the left navigation bar.
Then, fill out the form selecting your Time Zone and Date Range, and click Submit.
Reconciling Your Bank Deposits
Now that you have your Funding Summary Report handy, compare it to your monthly bank deposit to reconcile the two amounts.
Find the Net Amount next to the date you want to reconcile.
Compare that amount to the amount deposited to your bank on the same date.
Found A Mismatch?
Bank deposit errors are rare, but they can happen. That’s why it’s important to reconcile your statements! If you do come across an error in your funds please reach out to Arryved Support for assistance.
(720) 310-0361
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