Dear merchant,

With the objective of improving your reconciliation process, we have made three changes to the Payout Summary Statement.

Payout Summary Statement – multiple cycles

After this update is out, you will find a new report in the Finance category of the reports page called Payout Summary Statement – multiple cycles. This report will let you aggregate processing fees and non-processing fees for multiple payout cycles. 

In this report, the Gross Sales field will represent your total processed volume for the chosen period of time, inclusive of any Tax or VAT we have collected for these sales.

The Net Sales field will equal Gross Sales minus Refunds and Chargebacks for the chosen period of time.

Payout Detail Report

Upcoming change December 3rd.
If you are using the Get Payment Data API, you will need to update your integration.

To maintain consistency with the Payout Summary Statement, Tax / VAT amounts will be included in the fields Transaction Amount and Gross Payout Amount.

We are also adding a column to show the full amount of Tax / VAT collected (equivalent to the line of which Tax / VAT in the Payout Summary Report) and a column to show the amount of Tax / VAT which was remitted by BlueSnap.

Payout Summary

Upcoming change December 3rd.
If you are using the Get Payment Data API, you will need to update your integration.

When using the Get Report Data API, the report code PapyoutSummary will return the parameters provided in the new console report Payout Summary Statement – multiple cycles.
API requests with this report code will support a date range for aggregating multiple payout cycles.

If you have any questions please contact Merchants@BlueSnap.com

Kind regards,
The BlueSnap team.