Payouts to merchants' current accounts

In the back office of the system, payouts mean fund settlements made by the payment service provider to current accounts or cards of merchants. Amounts payable are calculated on the basis of regular financial statements generated on the results of processing transactions in favor of the merchant through a specific payment gateway for each currency.

The system does not have a built-in service for making bank payouts, but allows you to keep track of such settlements.

To record payouts for processed transactions, follow these steps:

1. Go to Accountant > Payouts.
2. In the From and To fields, specify the start and end dates of the payment accounting period, and in the Gateway field, specify the payment gateway acquirer through which the transactions were processed.
3. Click View to see the amounts available for payouts to the merchant.
4. Click on the statements link to view the financial statements that were used to calculate the amount available for payout to the merchant.
5. Make a payment to the current account or card of the merchant.
6. Click Pay to account for the payout.

The system will mark the financial statements involved in the payment as paid, so that they cannot be reused for settlements. This prevents the possibility of overpayment to the merchant.

The Payout tab page

The Payout tab page with a list of payouts to record

To view the history of payments made, click the History button. The system will display accounting payment data with information according to the table below.

The Payout history page