Make every payout reconcile.
Payout and fee reconciliation in SwiftBooks Pro matches the lump-sum payouts from providers such as Stripe to the underlying invoices and records the processing fees, so your bank balance, sales and fees all reconcile cleanly.
Untangle batched payouts.
Know exactly what each provider deposit is for.
Match payouts
Tie a provider's batched payout to the invoices it covers.
Record fees
Processing fees are posted so net and gross both reconcile.
Reconcile to bank
The payout in your bank matches your books exactly.
Books that actually tie out.
Accurate books
Gross sales, fees and net payouts all reconcile.
No mystery deposits
Know exactly what each payout relates to.
Clean accounts
Fees recorded correctly for accurate, reliable reporting.
Common questions
Why don't provider payouts match invoice totals?
Providers like Stripe pay out in batches with processing fees deducted, so the deposit differs from the gross invoice totals.
Does SwiftBooks Pro record processing fees?
Yes. Processing fees are posted so both the gross sale and the net payout reconcile correctly.
Does the payout reconcile to my bank?
Yes. The batched payout is matched so the amount in your bank ties to your books.
Does this handle batched payouts like Stripe's?
Yes. Batched payouts are split back to the underlying invoices and fees for clean reconciliation.
Every payout accounted for.
Batched payouts with fees deducted make reconciliation a puzzle. SwiftBooks Pro matches payouts to invoices and records the fees.