09-05-2011 12:38 AM
I have done several test transactions and they have shown up as settled. But where can I see the balanace from the sales? Is there a page in the real live merchant account that allows the merchant to withdraw the funds to a bank account? In other words, how do I get my money?
09-05-2011 07:55 AM
I don't know about test accounts, but in live accounts you tie it to a bank account and all the money goes there. Account fees also come out of the account. So it should be as simple as checking the balance on your bank account - assuming you have one set up just for this (which I recommend for security reasons) and take the money out in easily-recordable chunks. You should also be able to go to Reports -> Transaction Statistics and then run reports for a time range between two settlement dates, including the number of charges and the total amount.
09-05-2011 08:30 AM - edited 09-05-2011 08:31 AM
Ok. Now I understand. I found this page that explains it. http://www.authorize.net/advantage/
I thought Authorize.net was like Paypal where you accumulate money from your sales and you withdraw it from your Paypal account to a bank account. Apparently not. Thanks for the reply.