Settlement reports

Settlement reports provides detailed records of all the financial transactions processed through payment services. The Gr4vy consolidated settlement reports provide standardized transaction level reporting based on the ingested data from your configured payment services.

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Settlement data

Settlement reports include various pieces of data, including details on the captured funds, deducted fees, and net amounts transferred to your account. They are crucial for reconciling your accounts, managing cash flow, and ensuring accurate financial records.

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Universal reports

The Gr4vy consolidated settlement report is a transaction level report of ingested data from your configured payment services in a merchant account. The report is generated on a daily basis by ingesting settlement details from your configured connections.

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Ingestion

To obtain the settlement data for the connectors you have configured we run a daily ingestion cycle for each merchant account and each connection you have settlement report ingestion enabled.

• Each day at 2am UTC we will fetch all the reports that have been created by your payment services between 00:00 and 23:59 UTC the day before.
• After the ingestion is completed we store the data in your merchant instance and we will start generating a consolidated, Gr4vy-formatted settlement report, combining data from all the ingested files.
• At 1am UTC the following day we will make this report available.
• One hour later, at 2am, we will start obtaining the reports from the payment services that were created the previous 24 hours to continue the ingestion and creation cycle.