Settlement

When the settlement is required, you concurrently accept the electronic payment from the customer, agree to ship the order, and release the invoice.

• Attempting settlement

  Settlement is attempted when you release the invoice.

• Processing multiple invoices against one authorized amount

  You can process more than one invoice against an authorization. Settlement is processed on a first-come, first-served basis. For example, if a customer is authorized for $1000, then three invoices are received. The first invoice, $600, is fully paid. The second invoice, $300, is fully paid. The third invoice, last received for $200, is not fully paid, but instead, the remaining $100 is applied from the authorization, and $100 is sent to Receivables for collection. If on the order, you designate that 100% of the order is paid on the credit card, then the remaining $100 goes through another authorization and the settlement process.