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  1. 28 votes

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    The closeout report is intended to show the  volume of sales activity taken via bank cards, and how much the merchant can expect to be funded. In other words, transactions that are authorized and submitted for settlement. Cash transactions are already "settled" by definition, so it would be confusing to include them in a closeout report. The merchant should use the sales activity report to see their cash transactions.

    Dan Lesando supported this idea  · 
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    Dan Lesando commented  · 

    The closeout batch add a line items for Cash Tips and Gift Cards. With Gift Cards show how they were paid for Cash/Credit