How-To Guides10 min read
Account Reconciliation for Payment Platforms: How to Automate the Match Between Payouts and GL Entries
A processor paying collected sales into your bank is an incoming settlement. Your company paying a contractor is an outgoing disbursement. They can share identifiers and reconciliation tools, but they do not share the same accounting chain. Define the entity, funds owner, provider account and financial effect first; then match the relevant source populations to bank movements and GL entries.
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