What's inside a card-processor payout
One deposit is really a batch of charges minus fees. Every payout decomposed back to the invoices inside it.
0:48 · captions on · Mystery deposits
Transcript
A Stripe payout lands in your bank: eighteen hundred and forty-seven dollars. But which invoices are inside it? And where did the fees go?
In most books, that payout is a mystery deposit no one can explain. One payout is really a batch — several customer charges, bundled, with the processor's fees taken out. Reconcile decomposes every Stripe, Square, PayPal and GoCardless payout back to the exact invoices inside it, and the fees, so every deposit ties out to the cent.
No more mystery deposits — every payout explained, every dollar accounted for, on a read-only copy of your books. Your live file is never touched. See it free at reconcile.
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