(no subject)

Hoping some of the Aussies have had experience with bank deposit slips (for businesses).

Up the top right-hand corner, you put the totals for cash, cheque, BC/MC/Visa. Underneath that it says 'less charges', and then 'Total deposit'.

What are the charges? It's confusing because down in the left-hand bottom corner, there's 'Credit Card Reconciliation' and it mentions 'Charges' and 'Credits'. I assumed 'Charges' meant the sales (manually processed credit cards), and 'Credits' was the refunds. But now not so sure. I managed to confuse my brother with that too (he used to be a retail store manager).

This textbook needs some clarification.

(no subject)

Hoping some of the Aussies have had experience with bank deposit slips (for businesses).

Up the top right-hand corner, you put the totals for cash, cheque, BC/MC/Visa. Underneath that it says 'less charges', and then 'Total deposit'.

What are the charges? It's confusing because down in the left-hand bottom corner, there's 'Credit Card Reconciliation' and it mentions 'Charges' and 'Credits'. I assumed 'Charges' meant the sales (manually processed credit cards), and 'Credits' was the refunds. But now not so sure. I managed to confuse my brother with that too (he used to be a retail store manager).

This textbook needs some clarification.