Go to Reports and select Residuals.
The Residual report provides an analysis of your residual payments, viewed on a billing month basis. The default report date filter displays the latest complete billing month. Click on the filter to change the date in use. Navigate from the summary report to the detail for a specific merchant. Alternatively, select the magnifying glass icon next to Residuals to view the same summarized information for all of your merchants.
Search the report lookup by using the filter icon and select from the following options:
| Field | Description |
|---|---|
| Merchant ID | The Merchant ID, or MID, is the account number assigned by Qualpay to the account. |
| DBA Name | The business name, also known as DBA (Doing Business As) name. This will be used when processing transactions and will appear on the cardholder statement. |
| Billing Month | The processing month for the statement. |
| # Sales | The total sales count for all funded payment methods. |
| $ Sales | The total sales volume for all funded payment methods. |
| $ Income | The total amount of statemented charges to a merchant for the period. |
| $ IC + Card Brand Exp | The total Interchange and card brand expenses. |
| $ Exp Recovery | Schedule A expense recovery amount as reflected in your Referral Partner Agreement. |
| $ Partner Net Rev | The net amount applied to the partner revenue share %. Partnership Net Revenue equals revenue less interchange expense, card brand fees, and assessments, and Schedule A expense. |
| $ Residual | The residual value is calculated based on the Partnership Net Revenue multiplied by the partner revenue share percentage. |
View the Residuals report and the following fields:
| Field | Description |
|---|---|
| Merchant ID | The Merchant ID, or MID, is the account number assigned by Qualpay to the account. |
| DBA Name | The business name, also known as DBA (Doing Business As) name. This will be used when processing transactions and will appear on the cardholder statement. |
| # Sales | The total sales count for all funded payment methods. |
| $ Sales | The total sales volume for all funded payment methods. |
| $ Income | The total amount of billings charged to a merchant. |
| $ IC + Card Brand Exp | The total Interchange expense and card brand expenses. |
| $ Exp Recovery | Schedule A, the expense recovery amount as reflected in your Referral Partner Agreement. |
| $ Partner Net Rev | The Net Revenue less interchange and card brand expenses and Schedule A expense. |
| $ Residual | The residual value is calculated based on the Partnership Net Revenue multiplied by the partner revenue share percentage. |
