Data Conversion – Deposits in Transit
July 22, 2024
- At this time, there are a limited number of tenders that we receive that are reported by the deposit bank gross of fees, by store, by day.
- Cash + Checks
- MasterCard + Visa + Debit Card
- Other tenders are reported with one or more of the following “complications” net of fees, aggregated by day for the entire chain, aggregated by store for the entire month, or a combination of these issues.
- The number of deposits that are reported by the deposit bank gross of fees, by store, by day and remaining outstanding as of the end of the pre-go live period could be less than what is useful for this conversion effort.
- We need further clarity from Multidev to determine how must work we must do in advance to build the data to select the proper GL_MAJ and GL_REV which is store/bank dependent and tender clearing account dependent.