A Settlement identifies a group of financial transactions processed for a given day.  The settlement number is a means of tracking processed financial transactions to a specific deposit certificate to ensure reconciliation.  In most cases, there will be one settlement and deposit certificate for one day's work.

Settlements are defined as follows:

•Primary Settlement - A number which is assigned by the automated system that consists of the location code, last digit of the year, Julian date and a 3 digit sequential number assigned automatically by CSS.

The primary settlement always ends in 001

•Secondary Settlement - Used for dealer transactions involving deferred payments, deferred customer transactions involving multiple transactions for one check, auto auction transactions, and rental/fuels tax payments that are deposited the same day of collection.

A settlement number is established when DMV Select is opened for the work day.  There are four statuses for settlements:

 C - Closed

 E - Entered

 O - Opened

 V - Void