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Popular reconciliation template

Payment Gateway Settlement vs Bank Reconciliation

Reconcile payment gateway settlement reports with bank statements to match payouts, bank credits, fees, refunds, deductions, UTRs, and open items in one structured workflow.

Upload the required payment gateway settlement and bank reports, select the period, run reconciliation, and review fully matched, partially matched, unmatched, and skipped records.

Start this reconciliationSchedule guided setup
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Ready-made workflow · Reusable every period · Manual upload or automated data flow

Payment Gateway Settlement Report
Payout / Fee / Refund Data
Bank Statement
Bank UTR / Credit Data

Cointab PG Settlement-Bank Reconciliation

MatchedPartially MatchedUnmatchedSkipped

Reconcile payment gateway settlements with bank credits

Payment gateway settlement reports and bank statements often show the same payout with different dates, references, deductions, UTRs, or narration. Cointab helps bring these into a clear reconciliation report.

The Payment Gateway Settlement vs Bank reconciliation helps finance teams compare payment gateway settlement or payout records with actual credits received in the bank.

This helps finance teams answer questions such as:

  • Which payment gateway settlements were received in the bank?
  • Which payouts are expected but not yet credited?
  • Which bank credits do not have matching payment gateway settlement records?
  • Which settlement amounts were reduced by fees, refunds, chargebacks, or deductions?
  • Which payout references, UTRs, settlement IDs, or bank narrations match?
  • Which settlements were credited in a different period?
  • Which deposits are short, delayed, duplicated, or unclear?
  • Which items need payment gateway follow-up, bank review, or internal correction?

This template is useful for eCommerce brands, D2C companies, online businesses, SaaS companies, payment-heavy finance teams, and accounting teams that need a repeatable payment gateway settlement-to-bank reconciliation process.

Required files for this template

Cointab's ready-made workflow is designed around common payment gateway settlement, payout, transaction, refund, fee, and bank statement reports used for settlement reconciliation.

Data sourceExample records
Payment Gateway Settlement / Payout ReportUsed as the payment gateway-side report containing settlement IDs, payout references, settlement dates, gross amounts, fees, deductions, refunds, chargebacks, and net payout amounts.
Bank StatementUsed to compare expected payment gateway payouts with actual bank credits, bank dates, value dates, UTRs, transaction references, narration, and received amounts.
Payment Gateway Transaction ReportOptional, but useful where the finance team wants to trace settlement amounts back to underlying transactions, payments, orders, or customers.
Refund / Chargeback ReportOptional, but useful where refunds, chargebacks, reversals, failed payments, or payment adjustments need to be reconciled separately or enriched into the workflow.
Fee / Deduction ReportOptional, but useful where payment gateway fees, taxes, service charges, penalties, or other deductions are provided in a separate report.
Internal Sales / Order ReportOptional, but useful if the team wants to compare bank credits and payment gateway settlements with original sales or order records.
Internal Books / ERP ReportOptional, but useful if the team wants to compare payment gateway settlements and bank credits with accounting, ERP, or ledger records.
Supporting DataOptional supporting files can be used for payment gateway mapping, settlement mapping, bank account mapping, fee logic, tax mapping, UTR mapping, payment method mapping, or other enrichment.

What Cointab matches in payment gateway settlement-bank reconciliation

Cointab compares payment gateway settlement records with bank credits, payout references, UTRs, fees, refunds, deductions, chargebacks, and optional sales or ERP data across reports.

Settlement and payout records

Match payment gateway settlement IDs, payout references, settlement batches, and net payout records with bank statement credits.

Bank credits

Compare expected gateway payouts with actual credits received in the bank.

UTRs and references

Match records using UTRs, bank references, settlement IDs, payout IDs, transaction IDs, or narration fields.

Fees and deductions

Track payment gateway fees, processing charges, service charges, taxes, deductions, or adjustments where available.

Refunds and chargebacks

Identify whether refunds, chargebacks, reversals, or failed payment adjustments explain differences between settlement and bank amounts.

Settlement timing

Compare settlement dates, payout dates, bank credit dates, value dates, and reporting periods.

Gross-to-net movement

Review how gross transaction value moves to net settlement amount after refunds, fees, deductions, and adjustments.

Internal records, if added

If sales, ERP, books, or ledger data is included, Cointab can compare payment gateway settlements and bank credits against internal accounting records.

Common payment gateway settlement-bank reconciliation exceptions

Cointab helps finance teams focus on payout and bank differences instead of manually reviewing every settlement and bank transaction line.

Settlement not received in bank

A payment gateway settlement or payout appears in the settlement report but is not found as a matching bank credit.

Bank credit without matching settlement

A bank credit appears without a clear matching payment gateway settlement or payout record.

Amount mismatch

The settlement ID, payout reference, UTR, or date appears to match, but the settlement amount and bank credit amount are different.

Short settlement

The amount received in the bank is lower than the expected payment gateway payout.

Fee or deduction difference

Payment gateway fees, processing charges, service charges, taxes, or deductions explain part of the bank credit difference.

Refund or chargeback adjustment

Refunds, reversals, chargebacks, or failed payment adjustments reduce the settlement amount.

Settlement timing difference

A settlement belongs to one payment gateway period but is credited in the bank in a later period.

Duplicate settlement or bank entry

The same settlement, payout, or bank credit appears more than once or is included in multiple files.

Missing or unclear reference

Settlement ID, payout reference, UTR, transaction ID, or bank narration is missing, incomplete, or appears inside a description field.

Skipped record

A row cannot be reconciled because required data is missing, invalid, duplicate, incomplete, or unusable.

How this ready-made reconciliation works

Cointab pre-configures the workflow so your team does not need to rebuild the payment gateway settlement and bank reconciliation setup every period.

01

Select the template

Choose Payment Gateway Settlement vs Bank from popular reconciliations.

02

Select the period

Choose the day, week, month, quarter, year, lifetime period, or custom period you want to reconcile.

03

Upload settlement and bank reports

Upload the payment gateway settlement or payout report, bank statement, and any required transaction, refund, chargeback, fee, sales, ERP, or supporting files.

04

Validate file format

Cointab checks whether the uploaded files match the expected structure and highlights missing or incorrect columns.

05

Run reconciliation

Cointab applies predefined data preparation and matching logic for payment gateway settlement and bank statement data.

06

Review output

View fully matched, partially matched, unmatched, and skipped records.

07

Download or automate

Download the Excel report, or automate future data input and output through email, SFTP, or APIs.

Structured matching first, AI assistance for difficult cases

Cointab applies structured reconciliation logic first, then uses AI to help with difficult open transactions where fixed rules are not enough.

Structured matching

Structured matching can use:

Settlement IDPayout IDPayout referencePayment gateway referenceTransaction IDBatch IDBank UTRBank referenceBank narrationBank account numberPayment methodGross settlement amountNet payout amountFee amountDeduction amountRefund amountChargeback amountSettlement datePayout dateBank dateValue dateDerived or cleaned identifiers

Matching scenarios

  • One-to-one

    One payment gateway settlement matches one bank credit.

  • One-to-many

    One settlement maps to multiple bank credits, fee records, refund entries, or adjustment records.

  • Many-to-one

    Multiple payment gateway settlements are grouped into one bank credit.

  • Many-to-many

    Multiple settlement records and multiple bank entries are grouped and compared together.

  • Partial matching

    Identifiers match, but amounts differ.

  • Net and contra matching

    Settlements, refunds, chargebacks, fees, deductions, and bank credits are netted where required.

AI-assisted transaction matching

After structured rules run, AI helps match difficult open transactions where:

  • References are incomplete
  • Bank narration is messy
  • Settlement references are formatted differently
  • Payout IDs appear inside long description fields
  • Multiple settlements are grouped into one bank credit
  • Bank credits are split across multiple entries
  • Refund or chargeback records do not directly map to settlements
  • Amounts require contextual understanding
  • Multiple possible matches exist

AI exception analysis

For transactions that remain open, AI can help identify possible reasons such as:

Bank credit delayMissing bank statement entryMissing settlement reportFee or deduction differenceRefund adjustmentChargeback adjustmentDuplicate settlementDuplicate bank creditSettlement timing differenceIncorrect bank referencePayment gateway-side adjustmentInternal data issue

AI assists matching and exception review, but Cointab keeps reconciliation transparent, reviewable, and audit-friendly.

Audit-ready payment gateway settlement-bank reconciliation reports

Cointab gives your team a clear report showing which payment gateway settlements and bank credits matched, partially matched, remained unmatched, or were skipped.

Report categories

  • Fully matched

    Payment gateway settlement and bank records where identifiers and amounts match.

  • Partially matched

    Records where identifiers match but settlement amount and bank credit amount differ.

  • Unmatched in payment gateway settlement

    Settlement or payout records that are not clearly found in the bank statement.

  • Unmatched in bank

    Bank credits that do not clearly match payment gateway settlement or payout records.

  • Fee, refund, or deduction differences

    Records where fees, refunds, chargebacks, or deductions explain part of the difference.

  • Skipped

    Records excluded due to missing, invalid, duplicate, incomplete, or unusable data.

Report capabilities

  • Summary cards
  • Transaction-level details
  • Filters for review
  • Difference amounts
  • Matched transaction drill-down
  • Manual match
  • Undo manual match
  • Excel export
  • Audit-friendly output

Automate recurring payment gateway settlement-bank reconciliation

Once this workflow is stable, Cointab can automate file input, reconciliation runs, and output delivery.

1

Bring data into Cointab

Data can be received or pulled through:

EmailSFTPAPI integrations, where available
2

Run automatically

Schedule reconciliation:

DailyWeeklyMonthlyEnd of dayAfter file receiptAfter all required files are availableAt a custom frequency
3

Push output back

Send reconciliation output to:

ERPAccounting systemBI dashboardInternal finance systemAnalytics databaseData warehouseInternal exception trackerPayment operations workflowTreasury workflow system
  • Matched payment gateway settlements and bank credits
  • Unmatched settlement records
  • Unmatched bank credit records
  • Short settlement records
  • Fee and deduction differences
  • Refund and chargeback adjustments
  • Settlement timing differences
  • Duplicate settlement records
  • Duplicate bank entries
  • Open items
  • Suggested actions
  • Excel reconciliation report
  • Structured API output

View a payment gateway settlement-bank demo report

See how Cointab presents Payment Gateway Settlement vs Bank output with matched, partially matched, unmatched, and skipped transactions.

Payment Gateway Settlement vs Bank Demo

Explore a sample report showing payment gateway settlements, bank credits, UTRs, payout references, fee differences, refund adjustments, short settlements, and open items.

View demo report
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Explore related payment and bank reconciliations

Cointab supports other payment gateway, sales, settlement, bank, and finance reconciliation workflows.

Sales vs Payment Gateway

Reconcile internal sales or order records with PSP payments, refunds, settlements, and payouts.

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Website Sales vs Payment Gateway

Match website or app orders with payment gateway transactions and settlements.

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Sales vs PG vs Bank

Match sales with payment gateway records and final bank credits.

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Bank Statement vs Sales Receipts

Match bank credits with expected sales, collections, or receipt records.

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Bank Statement vs Books

Compare bank statement entries with accounting, ERP, or books records.

View template

Bank Statement vs ERP

Compare bank statement entries with ERP records, postings, and references.

View template

Built for finance teams reconciling payment gateway payouts with bank credits

This template is useful for teams that regularly reconcile payment gateway settlements, payout reports, bank credits, fees, refunds, deductions, and open items.

eCommerce brands

For brands reconciling payment gateway settlement reports with actual bank credits.

D2C companies

For D2C teams that need to check whether gateway payouts were received correctly in the bank.

Online businesses

For online businesses that need a repeatable process to compare gateway settlements, deductions, and bank deposits.

SaaS businesses

For teams reconciling subscription payment settlements, payout batches, refunds, and bank credits.

Finance teams

For finance teams preparing payment gateway settlement-bank reconciliation reports for daily review, month-end close, reporting, and audit.

Treasury teams

For teams reviewing bank credits, payout timing, short settlements, settlement delays, and cash visibility.

Accounting teams

For teams reconciling gateway settlements, bank entries, ledger postings, fees, and open balances.

Payment operations teams

For teams reviewing gateway-side exceptions, payout delays, settlement mismatches, and unresolved bank credit issues.

Trusted by teams handling payment gateway settlement and bank reconciliation

Cointab is used by finance and operations teams that reconcile high-volume, multi-source transaction data across payment gateways, banks, sales, marketplaces, partners, and internal systems.

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“We have worked on many softwares but we love the ease of using cointab. The staff and support is very instant. They are approachable, proficient and patient. Team is very cooperative with the customisations. The experience of using cointab was nice.”

— Urbanic

Payment Gateway Settlement vs Bank FAQs

Start Payment Gateway Settlement vs Bank reconciliation

Use Cointab's ready-made payment gateway settlement-bank reconciliation workflow to match payouts, identify bank credit differences, review exceptions, and export audit-ready reports.

Start this reconciliationSchedule guided setup
View demo report→

Ready-made workflow · Reusable every period · Manual upload and automation supported

CointabCointab

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