Working with invoices

Display relevant invoices

To display relevant invoices:

1. Navigate to Invoices in the top navigation bar. The Invoices page opens.
2. From this page, set filters to display relevant invoices.
3. Click Filter.

Available filters are:

• Payment Method displays all payment methods used.
• Currency shows a list of currencies in which transactions were processed.
• Invoice status displays the following statuses:
  • all – shows all invoices.
  • paid – displays invoices that have been processed and where receivables have been paid to a certain merchant (for the relevant period).
  • not paid – displays invoices that have not been processed and where the receivables have not been paid to a particular merchant (for the relevant period).
  • accrued — registered (accrued) expenses that were incurred in one accounting period, but have not yet been paid until the next accounting period. This can happen when the merchant incurs significant operating costs (processing fees, chargebacks, fines, etc.), but the turnover in the following period is not enough to cover them, and the merchant's balance for the period remains negative.
  • zero amount - "empty" invoices, when neither accruals nor expenses happened.

Once you have set the filters above, the expected result looks like this:

In the list of invoices you can find the below information:

1. Time Period represents the duration during which the invoice was generated. The account manager adjusts this interval based on the relevant cooperation agreement with our service.
2. Estimated payout date indicates the anticipated date for settling funds (assets) from the billing balance to the merchant's balance.
3. Business case serves as the identifier for pre-processed data on billing activity within the context of a specific payment method.
4. Payment Method denotes the specific payment method through which billing activity occurred (i.e., transactions were processed).
5. Payout Date shows the actual date of debiting, payment, or completion of settlement operations (transferring funds from the billing balance to the merchant's balance).
6. Currency represents the relevant currency in which billing activity occurred (i.e., transactions were processed).
7. Payout indicates the amount of settled funds (assets) from the billing balance to the merchant's balance.
8. Reserve denotes the sum of retained funds under the "Rolling reserve" category. For detailed operational characteristics, refer to the Processing contract.
9. Reserve Payout represents the amount of accrued (released) funds under the "Rolling reserve" category. For detailed operational characteristics, refer to the Processing contract.
10. Download allows you to retrieve a file containing calculations on accounts receivable for a specific merchant during the corresponding billing period (in .pdf format).