This article helps merchants view and understand the fees and billing statements for their Authorize.net account, specifically focusing on eCheck statements.

There are several statements that can apply to merchants using eCheck and processing ACH transactions with Authorize.net

Access eCheck Statements

1. Sign in to the Merchant Interface.
2. Click on Statements.
3. Click on Billing.

eCheck Related Statements

Below are examples of eCheck related statements:

Sub-Statements:

• Settlement Funding Calculation - The Settlement Funding Calculation page provides a breakdown of the funds settled to your merchant bank account for a given settlement funding event. Refer to this calculation detail for more information about the funding amount (such as how it was calculated, or a reason if no amount was funded) and to help reconcile your settlement funding against your merchant bank account statement.
  • Billing Status — The current billing status for your payment gateway account: Current or Delinquent.
  • Active Since — The date your account was activated.
  • Billing Balance — The current billing balance owed for payment gateway services.
  • Batches Available for Funding on [Date] — This section lists the statement date(s) and batch settlement date(s) for batches from which funds are now eligible to be released (meaning that the hold period for those funds is over).
  • Charge Transactions During Funds Holding Period [Date Range] — This section lists batches that occurred during the funds holding period for the current settlement funding calculation. Funds from charge transactions included in these batches are not yet available due to the required funds holding period and are therefore deducted from the beginning balance for the current settlement funding calculation.
  • Total Charge Transactions — The total amount of charge transactions processed during the funds holding period for the current settlement funding calculation.
  • Funding Amount Calculation — The actual calculation of funds eligible for release to your merchant bank account.
  • Beginning Balance — The account balance of transaction processing funds in your Settlement sub-account at the time of the funding calculation.
  • Minus Total Held Charge Transactions — The amount deducted for charge transactions that occurred during the funds holding period for the current settlement funding calculation.
  • Minus Approved Refunds — Indicates the amount reserved for currently approved refund transactions.
  • Total Amount Fund on [Date] — The total amount funded to your merchant bank account for the settlement funding event. When this amount is negative, no amount is funded due to insufficient funds in your account.
    • Note: If your account is currently in Funding Hold, this item will read "Total Amount Available for Funding."
• Fee Withholding Summary - The Fee Withholding Summary describes how service fees are assessed for batches eligible for the next billing. This page is created each time the payment gateway identifies service fees for your account that need to be held. You can refer to this summary to assist you with reconciliation for your transaction processing activity, payment gateway Settlement Statement, and merchant bank account.
  • Batches Eligible for Billing – The batches that have settled successfully but have not yet been billed and for which payment gateway service fees are being assessed.
  • Transaction Count Statistics – The statistics for the types of transactions for which service fees should be withheld (charge and refund transactions).
  • Dollar Volume Statistics – The dollar volume per transaction type for transactions included in the eligible batches.
  • Fee Summary – This section provides a breakdown of the usage fees for your payment gateway account, including:
  • Returned Item – Any returned items included in the eligible batches and the service fees assessed.
  • Chargeback – Any chargebacks included in the eligible batches and the service fees assessed.
  • Batches – The number of eligible batches and indicates the batch fees assessed.
  • Per-Transaction Fee (Tier Type) – Information about the pricing structure (Cumulative or Stepped Tier) used to calculate per-transaction fees assessed for transactions included in the eligible batches.
  • Discount Rate (Tier Type) – Information about the discount rate structure (Cumulative or Stepped Tier) used to calculate discount rate fees assessed for transactions included in the eligible batches.
  • Total Usage Fees for Batches Eligible for Billing – A total dollar amount of service fees that should be held in Billing Reserve for eligible batches.
  • Funds Withholding Calculation – The amount of funds that are being held for service fees related to eligible batches. The amount held depends on the amount of funds in your account's Billing Reserve at the time the Fee Withholding Summary is created. Funds in your Billing Reserve are applied toward the amount of service fees that should be held for batches eligible for billing. Any remaining amount of service fees is then held. In the event that the amount of funds available in your Billing Reserve is greater than the total amount of service fees that should be held for eligible batches, the remaining funds will be released.
  • Amount to be Withheld — The total amount of all fees due for eCheck.Net activity for the billing period.
  • Amount Transferred — The available amount transferred from the eCheck Settlement Statement to the Billing Reserve Statement to cover fees for the billing period.
  • Remaining Balance to be Collected at Next Billing — The total amount of all fees due for eCheck activity for the billing period, less funds already transferred to the Billing Reserve Statement. To view a summary of all eCheck fees for the current billing period, please see the eCheck Fee Summary.

Reading Statement Tips

• Amounts in parentheses, e.g., “(272.02),” indicate funds being moved out of your Settlement sub-account. The Account Balance decreases by the same amount.
• Amounts not enclosed in parentheses indicate funds entering your Settlement sub-account. The Account Balance increases by the same amount.
• The Account Balance does not always represent the available funds in your Settlement sub-account due to hold periods.
• Total funding amounts of less than one dollar will be held until the next funding event.
• If your account is in Funding Hold, the amount indicated on the calculation detail is not actually funded to your merchant bank account but is held by the payment gateway.
• When viewing the Fee Withholding Summary, batches will not always be from the same or current billing cycle.