How to Reconcile Merchant Processor Payouts (Stripe, Square, PayPal)
Merchant processors aggregate many sales into periodic payouts. Reconcile by downloading payout CSVs, breaking deposits into component sales/fees/refunds, matching to bank deposits, and recording fees and refunds separately. Reconcile daily or weekly for high-volume merchants; monthly minimum. On the go? Listen on The Deep Dive — where we dig deeper into this topic: ‘Untangling the […]