One merchant id?

We currently have 2 merchant id's, one for Box Office & web, one for Development. It seems like we'd save money if we just have one. Is it technically doable? Are there practical/reporting reasons you don't want only 1? Thanks for your advice and feedback!

  • Former Member
    Former Member $organization

    We have multiple merchant IDs because (1) each goes to a different bank account and (2) I use them in doing the bank reconciliations each month and it’s significantly easier to find missing/erroneous transactions if I have a smaller number in each monthly report.

     

     

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    From: Tessitura Finance Forum [mailto:forums-finance@tessituranetwork.com] On Behalf Of Shelley Espinoza
    Sent: Thursday, October 29, 2015 1:44 PM
    To: Julie Hamre
    Subject: [Tessitura Finance Forum] One merchant id?

     

    We currently have 2 merchant id's, one for Box Office & web, one for Development. It seems like we'd save money if we just have one. Is it technically doable? Are there practical/reporting reasons you don't want only 1? Thanks for your advice and feedback!




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