Reconciliation

Overview

The Reconciliation module helps merchants accurately calculate and reconcile final amounts across multiple payment providers, credit card solutions, and financial institutions. This ensures complete financial transparency and simplifies bookkeeping, especially when dealing with multiple currencies, conversions, and providers.

Key Features

• Compile and calculate final due amounts from all connected providers.

• Filter data by payment solutions, time, date, and other parameters for precise reconciliation.

• Create presets of external data to align imported reports with Paytiko’s environment.

• Reconcile external data against Paytiko’s system for consistent reporting and auditing.

• Support for enterprises operating with multi-currency setups and foreign exchange providers.

How It Works

1. Import external reports from payment providers.

2. Use filters (by solution, date, time, etc.) to refine reconciliation scope.

3. Match external data against Paytiko’s system.

4. Generate accurate final settlement amounts for financial reporting.

Benefits

Advantage	Description
Accuracy	Ensures precise financial reconciliation across providers.
Efficiency	Automates daily net amount calculations, reducing manual work.
Transparency	Consolidates data from multiple sources into a single environment.
Flexibility	Filtering and presets allow for tailored reconciliation workflows.
Scalability	Suitable for enterprises with multi-currency and multi-provider setups.