Payments reconciliation

When a payment shows as accepted, has the merchant been paid?

Authorization, clearing and settlement answer different questions. Reconciliation matches internal records to external movements.

Net settlement = gross settled payments − fees − applicable reversals

Start with transactions settled in the same batch, then subtract separately reported fees and reversals. ₹10,000 − ₹150 − ₹350 = ₹9,500.

₹10,000 in settled sales minus ₹150 fees and a ₹350 refund yields ₹9,500.

Start with transactions settled in the same batch, then subtract separately reported fees and reversals. ₹10,000 − ₹150 − ₹350 = ₹9,500.

A ₹1,000 payment is authorized but missing from today’s settlement. What should you check first?