Reconciling your payouts with transactions and bank transfers involves a few key steps to ensure accuracy. Here's how you can do it:
Download Reports: Access your Paybyrd dashboard to download detailed transaction reports and payout summaries. These reports offer a comprehensive overview of all processed transactions.
Match Transactions: Compare the transactions listed in the Paybyrd report with your internal records. Ensure each transaction in your system corresponds to one in the Paybyrd report.
Verify Payouts: Cross-reference the payout amounts in the Paybyrd payout report with the amounts deposited into your bank account. Each payout should match a deposit made by Paybyrd.
Check Dates: Confirm that the transaction dates and payout dates align. This helps you track the flow of funds and identify any discrepancies.
Account for Fees: Consider any transaction fees or adjustments that might affect the net payout amount. These should be detailed in your payout report.
If you encounter any discrepancies or have specific questions about certain transactions or payouts, don't hesitate to contact our support team. We're here to help you and ensure your reconciliation process goes as smoothly as possible.