BenefitTransNetAmount Property

The net dollar amount of all transactions of a particular transaction type.

Object Oriented Interface

public function getBenefitTransNetAmount();

Procedural Interface

inpaydirect_globalbatchmgr_get($res, 9 );

Default Value

''

Remarks

The net dollar amount of all transactions of a particular transaction type.

This is the total amount of all the transactions (for this transaction type) in the settlement - including sales, voids, captures, and forces - minus all refunds/credits. If positive it indicates net payment to the merchant. If negative it means more refunds than sales were contained in the batch, and a net loss for the merchant. Note that a Void transaction DOES count towards the total BenefitTransNetAmount, but a Refund or Credit transaction subtracts from it.

For instance, a batch containing one $10 Charge and one $10 Void of this type will have a BenefitTransNetAmount of "20.00". However, a batch containing one $10 Charge and one $3 Refund of this type will have a BenefitTransNetAmount of "7.00". In either case, the BenefitTransNetCount will be 2.

This amount is to be specified in US dollars, without a dollar sign but with an explicit decimal point. For instance, ten dollars and fifty cents is to be specified as "10.50".

This property is read-only.

Data Type

String