Why the payout in your bank is not your sales figure
https://www.orbisaccounting.ca/guides/shopify-stripe-payout-reconciliation/


Use both the sales and payout reports

A fictional payout reconciliation

Check these differences before changing the books
[ ] The payout includes transactions from a different date range
[ ] A refund or dispute appears after the original sale
[ ] Fees were deducted before the money reached the bank
[ ] Some funds remain unsettled or reserved
[ ] Sales and payouts are in different currencies
[ ] An integration and a bank rule both recorded the same sale

Keep tax separate from the settlement calculation

When the clearing account will not reconcile

Orbis Accounting · Checklist only. See the guide for context.