The Edge
Increase Your Bottom Line and Profitably Manage Your Inventory with The Edge
WHAT IT IS
This 10k Report was developed to help stores comply with the IRS Anti-Money Laundering (AML) program. This report can be run to target customers meeting the specific criteria set forth by the IRS guidelines.*
WHAT IT DOES
The report allows you to specify a dollar threshold and choose a date range. Any customers whose total tender exceeded the threshold will be displayed along with their payment details.
HOW IT WORKS
To run the 10k Report:
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Click Reports → Activity → Tender Detail → 10K.
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In the top right, specify a dollar Threshold. Only customers who exceed this value for the date
range given will appear.
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Specify the Sale Date range to analyze.
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Use the Check Types drop-down to choose check types to include.
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For Group/Sort By, check Customer.
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Check Include Customer ID.
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Check Show Details.
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Click OK to generate the report.
The report will display any customer who exceeded the dollar threshold specified for the sale date
range chosen. It then displays each transaction along with the payment type and amount collected.
- Click Reports → Activity → Tender Detail → 10K.
- In the top right, specify a dollar Threshold. Only customers who exceed this value for the date range given will appear.
- Specify the Sale Date range to analyze.
- Use the Check Types drop-down to choose check types to include.
- For Group/Sort By, check Customer.
- Check Include Customer ID.
- Check Show Details.
- Click OK to generate the report.
EXPAND YOUR EDGE EDUCATION
For more information on how to run the 10k Report, click the button below or visit EdgeUser.com and search under Activity Reports. You’ll find a helpful tip sheet as well as some detailed screen shots.
