Understand the "payout to reconciliation" integration app and its structure

Important: This integration app is currently only available for customers in our EAP program.

The “payout to reconciliation” integration app provides you the capability to reconcile transactions processed via different payment gateways integrated with leading web stores and marketplaces. To reconcile transactions from different gateways, you can install one business process app and integrate with multiple payment gateways such as PayPal and Stripe.

Understand the "payout to reconciliation" integration app model

In this integration model, the resources are managed at a centralized account that stores the NetSuite account details, and all the individual payment gateway endpoints use the common NetSuite account.  You can configure one NetSuite connection and use the same connection to integrate with multiple payment gateways (PayPal or Stripe). All the connections (including installed payment gateway connections) can be accessed from the NetSuite configuration. The payment gateway connection can access NetSuite connection resources and details. Each payment gateway configuration is treated as a separate integration. You need to have individual licenses to configure each payment gateway account. Any payment gateway account details and setting values are restricted only for that particular payment gateway account. 

Note: If you modify the NetSuite connection, all the payment gateway accounts configured using this NetSuite connection are impacted. 

Example: You can integrate one NetSuite connection with one or many PayPal or Stripe accounts. 

The advantages of this integration structure are:

• The payout to reconciliation” integration app can integrate with multiple endpoints such as PayPal and Stripe.
• The flow, import, export, settings, mappings, connection, and other resources are specific to each payment gateway integration.  
• If one of the payment gateway accounts is corrupted, you need not uninstall the entire integration app.

Understand the "payout to reconciliation" integration app

The business process app streamlines the reconciliation process by auto-matching the payment gateway settlement transactions against the NetSuite outstanding transactions (such as payment, cash sale, cash refund, customer deposit, or customer refund). It also provides you details about the unreconciled items, transactional, and non-transactional fees charged by the payment gateway. 

The payment gateway such as PayPal or Stripe creates a report (payout) with the settlement or balance transactions that comes from various third-party applications. The “Payout to Reconciliation” app gets that report from PayPal or Stripe and reconciles those payout report transactions to create a deposit record in NetSuite.

Related links:

• • Install the "payout to reconciliation" integration app
  • Reconcile your PayPal payouts
  • Reconcile your Stripe payouts