C O I N T A B

Payoneer is an International payment gateway company that provides services that are fast and cost-effective. It is a leading payment platform that partners with freelancers, SMBs, marketplaces and enterprises to solve their payment challenges.

Manually keeping track of your financial activities might be time-consuming and challenging, but it is very necessary to avoid being charged an amount that will ultimately result in significant losses. You can rely on Cointab to verify the validity of your transactions with Payoneer.

Cointab’s software relieves you of your stress by fully automating the reconciliation procedure. Since we think that precise financial data is the foundation of every successful firm, we have created cutting-edge software for you. While we manage the payment gateway reconciliation process and unleash financial clarity with Cointab, you can concentrate on expanding your business.

Payoneer Payment gateway reconciliation results:


Payoneer settlement reports:

Payoneer settlement reports are those reports that consist of the orders that are delivered and for which the payment has already been made.


Payoneer refund reports:

The orders that have been cancelled and refunded come under Payoneer refund reports.


Website report:

The orders that have been made only through the website are present in this report


ERP report:

The information of the orders that the company has to keep internally are present here.


Bank Statement:

Bank statement reports consist of the transactions that are made through the bank via the payment gateway.


Payoneer with website reconciliation

Found and reconciled with the website report:

These reports are found and reconciled with the Payoneer settlement report as well as the website report.


More amount recorded in website report

Here, more amount is recorded in the website report in comparison with the Payoneer settlement report.


Less amount recorded in website report

In this case, less amount is recorded in the website report in comparison with the Payoneer settlement report.


Not found in website report

These transactions are found only in the Payoneer settlement report and not in the Website report.


Website with Payoneer reconciliation:


Found and reconciled with Payoneer settlement report

These transactions are found and reconciled with Payoneer settlement report as well as the website report.


Less amount received in Payoneer settlement report

This means that the amount present is recorded less in the Payoneer settlement report in comparison with the website report.


More amount received in Payoneer settlement report

In this case, the amount received in the Payoneer settlement report is more in comparison with the website report.


Cancelled transactions

These transactions are recorded in the website but not in the Payoneer reports as it got cancelled from the customer end.


Payoneer reconciliation with ERP


Found and reconciled with ERP report

These reports are found and reconciled with the ERP reports as well as the Payoneer settlement reports.


More amount recorded in the ERP report

In this case, more amount is recorded in the ERP report compared to the Payoneer settlement report.


Less amount recorded in the ERP report

Here, less amount is recorded in the ERP report compared to the Payoneer settlement report.


Not found in the ERP report

These transactions are present in the Payoneer settlement report and not present in the ERP report.


ERP report with Payoneer reconciliation:


Found and reconciled with Payoneer settlement report

These orders are found and reconciled in the Payoneer settlement report as well as the ERP report.


Less amount received from Payoneer settlement report

In this case, the amount present in the Payoneer settlement report is less compared to the amount in the ERP report.


More amount received from Payoneer settlement report

Here, the amount present in the Payoneer settlement report is more than the amount present in the ERP report.


Not Found in Payoneer settlement report

These transactions are recorded in the ERP report but not in the Payoneer settlement report.


Cancelled Transactions

In this case, these transactions are recorded in the ERP report but not in the Payoneer reports as it got cancelled from the customer’s end.


Payoneer with Bank reconciliation


Found in bank account

These transactions are present in the Bank accounts as well as the Payoneer settlement reports.


Not Found in bank account

In this case, the transactions present in the Payoneer settlement report are not present in the bank account.


Bank reconciliation with Payoneer


Found and reconciled Payoneer transactions

These orders are found and reconciled in the Payoneer settlement report as well as the Bank report.


More amount recorded in Payoneer settlement report

The amount present in the Payoneer settlement report is seen to be more than the amount present in the bank statement.


Less amount recorded in Payoneer settlement report

In this case, the amount present in the bank statement is seen to be more than the amount present in the Payoneer settlement report.


Not found in the settlement report

This denotes that the transactions present in the bank reports are not present in the settlement report.

In summary, Cointabs software offers the dual benefit of facilitating transaction reconciliation and providing an insightful overview of expected outcomes. It aids financial professionals in cross-checking website and ERP reports against bank statements, empowering businesses to make well-informed decisions based on precise data. Embark on a journey to revolutionise your reconciliation processes with Cointabs and transform the way you manage your finances.

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