Gr4vy has the ability to provide consolidated settlement reports for a wide variety of payment service providers. Our settlement reports provides detailed records of all the financial transactions processed through each of your configured payment services.
You have to configure a payment service to allow us to ingest the daily settlement data for each of your merchant accounts. We run a daily ingestion cycle for each connection that you have enabled settlement report ingestion for.
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.
Gr4vy automatically will match each ingested record against your transactions, providing you with settlement data directly in our dashboard. Where possible, we try to match the transaction and add any of the reported fees to the transaction records.
Finally, the Gr4vy consolidated settlement report is a transaction level report of the ingested data from all your configured payment services, conveniently combined into one report. The report is generated on a daily basis by ingesting settlement details from your configured connections, and then generating a daily CSV with the reported settled transactions.