video1.0<iframe src="https://www.loom.com/embed/f5bfe63cb3fa454f866785df0951cd08" frameborder="0" width="1728" height="1296" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>12961728Loomhttps://www.loom.com12961728https://cdn.loom.com/sessions/thumbnails/f5bfe63cb3fa454f866785df0951cd08-03aba8c4029cee28.gif211.798In this video, I discuss the changes in our invoice reconciliation process as we transition from gross settlement to net settlement for new customers. This means that we will be dispersing the amount collected from your customers minus the merchant fee we charge you. I explain how to handle this in Ignition Zero, including setting up a merchant fee account in your chart of accounts. Please ensure you create this account and select it in your invoice settings so that everything runs smoothly. Overall, the clearing account will function as before, and you’ll just need to apply the bank rule as usual.