EBizCharge

OCTOBER 12, 2023

To maintain a firm grip on the financial health of your business, it’s imperative to understand the difference between your ledger balance vs available balance. While the two balances are similar, they represent different aspects of an account’s financial health.

Available Balance 52

Available Balance Audit Accounts Procedures 52

PYMNTS

NOVEMBER 15, 2017

“By looking back at a customer’s prior-day transactions when a direct deposit is received by 9 a.m. local time, we’re now able to effectively ‘rewind’ any overdrafts from the previous business day that are covered by that deposit, helping our customers to avoid overdraft fees and bridge the occasional gap between paychecks.”.

Direct Deposit 47

Direct Deposit Available Balance Non-Bank Business Day 47

EBizCharge

DECEMBER 11, 2024

While pending transactions temporarily reduce your available balance, they dont affect your current balance until they clear. Typically, transactions clear within 1-5 business days. on Monday through Friday) often clear on the next business day, making it difficult to initiate a cancellation.

Transactions 52

Transactions Credit Cards Debit Card Card Issuer 52