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Ledger Rocket

Buyer guide / PSPs and merchant settlement

How do you reconcile merchant settlement after fees, chargebacks and reserves?

Build a gross-to-net bridge for each merchant settlement. Keep fees, chargebacks and reserve movements visible as components, and carry the merchant identifier through the account and statement mapping.

Explain the deposit, not just the match

For a processor or acquirer, the bank deposit is the end of a longer calculation. A chargeback may refer to earlier activity; a reserve release may follow another schedule. Keeping those components tied to the merchant ID, or MID, helps operations locate the source of a discrepancy rather than assigning a net difference to the wrong merchant.

The Ledger Rocket approach

Ledger Rocket templates define event-to-posting treatment, while configured accounts distinguish the selected economic and control positions. Reconciliation compares the supplied settlement and control records. The merchant mapping, statement components and supported grouping shape are configured for the processor feed.

Work through these cases

  • Trace gross activity through each deduction or release to the net settlement.
  • Use a reference that appears for two merchants and verify the account mapping.
  • Include a late chargeback, a reserve change and an unexplained fee.

Discuss your flow

Bring a merchant statement, its transaction detail and the corresponding bank entry. Choose a settlement with adjustments so the demonstration proves the bridge, not only a clean match.

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