The PayFac Reconciliation Dashboard eliminates the need to access multiple reports by providing a single source tool for PayFacs to access all the data necessary for performing financial reconciliation.
The pertinent information from the Activity Report, Settlement Report, and Transaction Summary Report, along with other relevant data, is assembled on a single screen for easy access.
The PayFac Reconciliation Dashboard includes three report views:
- PayFac Funded: reconciliations to the PayFac when sub-merchant funding is not utilized.
- Sub-Merchant Funded: reconciliations to the PayFac and sub-merchants when sub-merchant funding is utilized.
- Reconciliation: a cumulative view of reconciliations to both the PayFac and sub-merchants.
You can view each of these PayFac Reconciliation reports sorted by Activity (post) date or by Settlement (funds transfer) date.