Non-Customer / Internal Account

GL-1042 — FedNow Settlement

Knowledge Point · GL-1042

Why GL-1042 — FedNow Settlement matters

Tracks the internal settlement position created by FedNow activity and should reconcile to payment and Fed position activity.

Accounting profile: ASSET / CLEARING · Normal balance DEBIT · DAILY cycle

What normally posts here?

FedNow credits/debits, reversals/returns where applicable, settlement adjustments, and balancing entries.

Why could this account be out of balance?

Customer posting without settlement, duplicate settlement leg, amount mismatch, timing difference, or wrong posting date.

How do I research it?

Start with Fed/FedNow reports, follow the payment reference to the customer transaction, then compare the persisted GL entry and settlement status.

What should I verify before resolving?

Payment reference, D/C, amount, customer account, settlement date/time, GL posting, and Fed position.

BALANCED · PENDING CERTIFICATION

Accounting Class ASSET / CLEARINGNormal Balance DEBITCycle DAILY Department PAYMENTS Business Date 2026-09-19 Persisted Internal GL 0 Open Exception(s)

Current / Actual Balance $199,953.82

Expected: $199,953.82

Opening Balance$199,953.82

Debit Activity$0.00

Credit Activity$0.00

Expected Ending$199,953.82

Actual Ending$199,953.82

Offage / Difference$0.00

Internal Account Ledger

Dense daily activity · T-Sets group related branch/internal work · memo-posted items stay visible until final posting

22 entries

Posting	T-Set / Item	Description / Reference	Channel	Debit	Credit	Balance	Status
2026-09-02	— Item IHT-GL1042-20260902	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260902	INTERNAL		$9,550.53	$199,953.82	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260902 +$9,550.53 T-Set— Item NumberIHT-GL1042-20260902 Internal GL Entry657 Source Transaction ID— Business Date2026-09-02 Debit / CreditCREDIT Amount$9,550.53 Running Balance$199,953.82 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260902
2026-08-28	— Item IHT-GL1042-20260828	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260828	INTERNAL		$42,157.46	$209,504.35	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260828 +$42,157.46 T-Set— Item NumberIHT-GL1042-20260828 Internal GL Entry656 Source Transaction ID— Business Date2026-08-28 Debit / CreditCREDIT Amount$42,157.46 Running Balance$209,504.35 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260828
2026-08-24	— Item IHT-GL1042-20260824	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260824	INTERNAL		$20,598.29	$251,661.81	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260824 +$20,598.29 T-Set— Item NumberIHT-GL1042-20260824 Internal GL Entry655 Source Transaction ID— Business Date2026-08-24 Debit / CreditCREDIT Amount$20,598.29 Running Balance$251,661.81 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260824
2026-08-21	— Item IHT-GL1042-20260821	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260821	INTERNAL		$44,230.32	$272,260.10	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260821 +$44,230.32 T-Set— Item NumberIHT-GL1042-20260821 Internal GL Entry654 Source Transaction ID— Business Date2026-08-21 Debit / CreditCREDIT Amount$44,230.32 Running Balance$272,260.10 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260821
2026-08-19	— Item IHT-GL1042-20260819	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260819	INTERNAL	$16,402.77		$316,490.42	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260819 -$16,402.77 T-Set— Item NumberIHT-GL1042-20260819 Internal GL Entry653 Source Transaction ID— Business Date2026-08-19 Debit / CreditDEBIT Amount$16,402.77 Running Balance$316,490.42 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260819
2026-08-17	— Item IHT-GL1042-20260817	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260817	INTERNAL		$42,965.35	$300,087.65	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260817 +$42,965.35 T-Set— Item NumberIHT-GL1042-20260817 Internal GL Entry652 Source Transaction ID— Business Date2026-08-17 Debit / CreditCREDIT Amount$42,965.35 Running Balance$300,087.65 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260817
2026-08-14	— Item IHT-GL1042-20260814	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260814	INTERNAL		$30,943.85	$343,053.00	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260814 +$30,943.85 T-Set— Item NumberIHT-GL1042-20260814 Internal GL Entry651 Source Transaction ID— Business Date2026-08-14 Debit / CreditCREDIT Amount$30,943.85 Running Balance$343,053.00 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260814
2026-08-07	— Item IHT-GL1042-20260807	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260807	INTERNAL	$30,110.78		$373,996.85	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260807 -$30,110.78 T-Set— Item NumberIHT-GL1042-20260807 Internal GL Entry650 Source Transaction ID— Business Date2026-08-07 Debit / CreditDEBIT Amount$30,110.78 Running Balance$373,996.85 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260807
2026-08-05	— Item IHT-GL1042-20260805	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260805	INTERNAL		$13,382.53	$343,886.07	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260805 +$13,382.53 T-Set— Item NumberIHT-GL1042-20260805 Internal GL Entry649 Source Transaction ID— Business Date2026-08-05 Debit / CreditCREDIT Amount$13,382.53 Running Balance$343,886.07 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260805
2026-07-29	— Item IHT-GL1042-20260729	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260729	INTERNAL	$20,711.76		$357,268.60	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260729 -$20,711.76 T-Set— Item NumberIHT-GL1042-20260729 Internal GL Entry648 Source Transaction ID— Business Date2026-07-29 Debit / CreditDEBIT Amount$20,711.76 Running Balance$357,268.60 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260729
2026-07-28	— Item IHT-GL1042-20260728	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260728	INTERNAL		$21,234.30	$336,556.84	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260728 +$21,234.30 T-Set— Item NumberIHT-GL1042-20260728 Internal GL Entry647 Source Transaction ID— Business Date2026-07-28 Debit / CreditCREDIT Amount$21,234.30 Running Balance$336,556.84 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260728
2026-07-24	— Item IHT-GL1042-20260724	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260724	INTERNAL		$903.21	$357,791.14	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260724 +$903.21 T-Set— Item NumberIHT-GL1042-20260724 Internal GL Entry646 Source Transaction ID— Business Date2026-07-24 Debit / CreditCREDIT Amount$903.21 Running Balance$357,791.14 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260724
2026-07-22	— Item IHT-GL1042-20260722	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260722	INTERNAL	$46,286.85		$358,694.35	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260722 -$46,286.85 T-Set— Item NumberIHT-GL1042-20260722 Internal GL Entry645 Source Transaction ID— Business Date2026-07-22 Debit / CreditDEBIT Amount$46,286.85 Running Balance$358,694.35 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260722
2026-07-20	— Item IHT-GL1042-20260720	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260720	INTERNAL		$18,805.08	$312,407.50	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260720 +$18,805.08 T-Set— Item NumberIHT-GL1042-20260720 Internal GL Entry644 Source Transaction ID— Business Date2026-07-20 Debit / CreditCREDIT Amount$18,805.08 Running Balance$312,407.50 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260720
2026-07-16	— Item IHT-GL1042-20260716	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260716	INTERNAL	$45,838.11		$331,212.58	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260716 -$45,838.11 T-Set— Item NumberIHT-GL1042-20260716 Internal GL Entry643 Source Transaction ID— Business Date2026-07-16 Debit / CreditDEBIT Amount$45,838.11 Running Balance$331,212.58 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260716
2026-07-15	— Item IHT-GL1042-20260715	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260715	INTERNAL	$19,742.07		$285,374.47	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260715 -$19,742.07 T-Set— Item NumberIHT-GL1042-20260715 Internal GL Entry642 Source Transaction ID— Business Date2026-07-15 Debit / CreditDEBIT Amount$19,742.07 Running Balance$285,374.47 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260715
2026-07-14	— Item IHT-GL1042-20260714	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260714	INTERNAL		$27,245.07	$265,632.40	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260714 +$27,245.07 T-Set— Item NumberIHT-GL1042-20260714 Internal GL Entry641 Source Transaction ID— Business Date2026-07-14 Debit / CreditCREDIT Amount$27,245.07 Running Balance$265,632.40 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260714
2026-07-10	— Item IHT-GL1042-20260710	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260710	INTERNAL		$41,432.28	$292,877.47	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260710 +$41,432.28 T-Set— Item NumberIHT-GL1042-20260710 Internal GL Entry640 Source Transaction ID— Business Date2026-07-10 Debit / CreditCREDIT Amount$41,432.28 Running Balance$292,877.47 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260710
2026-07-07	— Item IHT-GL1042-20260707	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260707	INTERNAL		$3,177.21	$334,309.75	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260707 +$3,177.21 T-Set— Item NumberIHT-GL1042-20260707 Internal GL Entry639 Source Transaction ID— Business Date2026-07-07 Debit / CreditCREDIT Amount$3,177.21 Running Balance$334,309.75 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260707
2026-07-03	— Item IHT-GL1042-20260703	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260703	INTERNAL	$48,304.60		$337,486.96	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260703 -$48,304.60 T-Set— Item NumberIHT-GL1042-20260703 Internal GL Entry638 Source Transaction ID— Business Date2026-07-03 Debit / CreditDEBIT Amount$48,304.60 Running Balance$337,486.96 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260703
2026-07-02	— Item IHT-GL1042-20260702	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260702	INTERNAL		$304.52	$289,182.36	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260702 +$304.52 T-Set— Item NumberIHT-GL1042-20260702 Internal GL Entry637 Source Transaction ID— Business Date2026-07-02 Debit / CreditCREDIT Amount$304.52 Running Balance$289,182.36 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260702
2026-06-26	— Item IHT-GL1042-20260626	FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260626	INTERNAL	$6,371.69		$289,486.88	POSTED
Internal GL Transaction Detail FEDNOW SETTLEMENT HISTORICAL ACTIVITY IHT-GL1042-20260626 -$6,371.69 T-Set— Item NumberIHT-GL1042-20260626 Internal GL Entry636 Source Transaction ID— Business Date2026-06-26 Debit / CreditDEBIT Amount$6,371.69 Running Balance$289,486.88 Source ChannelINTERNAL StatusPOSTED Leg CodeHISTORY DescriptionPersisted synthetic historical activity for FedNow Settlement Related AccountInternal / Control ReferenceIHT-GL1042-20260626

Open Balancing Exceptions

0 open

No open balancing exceptions for this business date.

GL-1042 — FedNow Settlement

Why GL-1042 — FedNow Settlement matters

Internal Account Ledger

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

FEDNOW SETTLEMENT HISTORICAL ACTIVITY

Open Balancing Exceptions