A payout transfers available funds from a payment intermediary or platform to an external account, usually the merchant's bank account. It is a movement of money rather than a new sale.[1] One payout can include multiple transactions and need not equal gross order values.
Reconcile the bank receipt to its settlement information, transactions, adjustments and charges. Do not simply book the full deposit as revenue. Differences may reflect deducted fees or processing periods, but their actual cause should be established from the underlying records rather than assumed.
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Compiled with AI assistance using public sources. General explanation, not individual legal or tax advice. Describing a concept does not mean Zoloo offers it as a feature.