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Settlement Statement Report

Settlement Statement

The Settlement Statement Report is a comprehensive financial statement that consolidates all settlements for a merchant during a specified date range, providing a period-level overview of financial activities. The report concludes with trailer totals summarizing all settlements in the period, including total collected, total refunds, total chargebacks, total settlement costs, total percentage fees, total fixed fees, and total fee and cost amounts. This statement serves as a monthly or period-based reconciliation tool, allowing merchants to review their complete settlement activity and financial performance across multiple settlement cycles in a single consolidated view.

Settlement Statement Report Sample

FieldFormatDescriptionExampleEdge Cases
INVOICE/CODEString (alphanumeric, e.g., SET-{country}-{YYMMDD}-{seq})Human-readable unique identifier for the settlement invoice.SET-BR-240915-001, 2000Format varies by merchant configuration; some use numeric codes.
TRANSFER_DATEDate string (DD/MM/YYYY format)Date when the settlement transfer occurred or is scheduled.07/12/2023, 01/03/2023Can differ from settlement_date; used for period filtering.
TOTAL_COLLECTEDDecimal number with 2 decimal places (positive)Total payment amounts collected during the settlement period.6, 12, 500Always positive or zero; represents gross payment amounts before fees.
TOTAL_REFUNDSDecimal number with 2 decimal places (positive)Total refund amounts processed during the settlement period.15, 30, 20Displayed as a positive value but reduces the net settlement amount.
TOTAL_CHARGEBACKSDecimal number with 2 decimal places (positive)Total chargeback amounts processed during the settlement period.3, 6, 0Displayed as a positive value but reduces the net settlement amount.
TOTAL_SETTLEMENT_COSTDecimal number with 2 decimal placesSettlement processing costs and operational fees.0, 30Often zero for standard settlements; includes special processing costs.
TOTAL_%_FEEDecimal number with 2 decimal placesTotal percentage-based fees charged on transactions.3.8, 7.6, 5Varies by payment method and contract.
TOTAL_FIXED_FEEDecimal number with 2 decimal placesTotal fixed fees charged per transaction.1.9, 3.8, 5Constant per transaction regardless of amount; varies by payment method.
TOTAL_FEE_AND_COSTDecimal number with 2 decimal placesCombined total of all fees and costs for the settlement.4, 8, 30Sum of percentage fees, fixed fees, and settlement costs.

Trailer Totals

TOTAL COLLECTED SETTLEMENTS: Sum of all total_collected values
TOTAL REFUNDS SETTLEMENTS: Sum of all total_refunds values
TOTAL CHARGEBACKS SETTLEMENTS: Sum of all total_chargebacks values
TOTAL SETTLEMENT COST SETTLEMENTS: Sum of all total_settlement_cost values
TOTAL % FEE SETTLEMENTS: Sum of all total_%_fee values
TOTAL FIXED FEE SETTLEMENTS: Sum of all total_fixed_fee values
TOTAL FEE AND COST SETTLEMENTS: Sum of all total_fee_and_cost values

Example Settlement Statement Calculation

Scenario: Brazilian merchant with two settlements in the period

Settlement Data

Settlement 1 (Code: SET-BR-240915-001):
Transfer Date: 07/12/2023
Total Collected: BRL 6.00
Total Refunds: BRL 15.00
Total Chargebacks: BRL 3.00
Total Settlement Cost: BRL 0.00
Total % Fee: BRL 3.80
Total Fixed Fee: BRL 1.90
Total Fee and Cost: BRL 5.70

Settlement 2 (Code: SET-BR-240920-001):
Transfer Date: 12/12/2023
Total Collected: BRL 250.00
Total Refunds: BRL 10.00
Total Chargebacks: BRL 0.00
Total Settlement Cost: BRL 0.00
Total % Fee: BRL 8.00
Total Fixed Fee: BRL 3.50
Total Fee and Cost: BRL 11.50

Trailer Totals Calculation

TOTAL COLLECTED SETTLEMENTS: BRL 256.00 (6 + 250)
TOTAL REFUNDS SETTLEMENTS: BRL 25.00 (15 + 10)
TOTAL CHARGEBACKS SETTLEMENTS: BRL 3.00 (3 + 0)
TOTAL SETTLEMENT COST SETTLEMENTS: BRL 0.00 (0 + 0)
TOTAL % FEE SETTLEMENTS: BRL 11.80 (3.80 + 8.00)
TOTAL FIXED FEE SETTLEMENTS: BRL 5.40 (1.90 + 3.50)
TOTAL FEE AND COST SETTLEMENTS: BRL 17.20 (5.70 + 11.50)

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