Managed Payout Report

The Managed Payout report view of the PayFac Reconciliation Dashboard provides summary and detailed data when you use the Managed Payout funding model. The report details the reconciliation to the Payment Facilitators and sub-merchants for Managed Payout transactions. Two summary panels provide reconciliation data for each entity (reconciliation to the Payment Facilitator and reconciliation to the sub-merchants), as shown in Managed Payout View Summary Panels, with detail panels below.

Managed Payout View Summary Panels

The table below describes the fields in the Managed Payout summary panels. The sections starting with Activity Date View - Transaction Summary by Purchase Currency describe each of the detail data panels.

Managed Payout Summary Panels Field Descriptions - All
Field	Description
Net Settlement	The net amount transferred to your organization’s bank account.
Settlement to Sub-Merchants	The net settlement to sub-merchants (gross settlement minus PayFac fees and sub-merchant funding failures).
Settled Transactions	The number of transactions that were settled in the specified time period.
PayFac Fees	Total fees payable to the Payment Facilitator from the sub-merchant.
Sub-Merchant Funding Failures	The total amount of direct sub-merchant fund transfers that Worldpay received returns against.
Settled Deposits	The total amount of settled deposits before the deduction of any fees, reserves, or chargebacks.
Settled Refunds	The total amount of settled refunds before the deduction of any fees.
Returned Payments	The amount of funds associated with chargebacks, Direct Debit returns, and rejected payments, including: Debits for receipt of a first chargeback. Debits for an arbitration chargeback. Debits for an Direct Debit return. Debits or credits for payments rejected by the card networks. Credits for the return receipt of a representment.
Reserve Activity	The changes made to the reserve fund based upon gross sales. If you sell in multiple currencies, this only reflects the Reserve Activity for the selected currency.
Worldpay Fees	The amount of funds associated with transaction processing charges. If you sell in multiple currencies, this only reflects the Worldpay Fees for the selected currency.
Passthrough Fees	The amount of funds associated with charges assessed by parties other than Worldpay (for example, interchange fees). This field appears in the granular data tabs when the Total Fees column is split (see Split and Join Columns for more information). If you sell in multiple currencies, this only reflects the Passthrough Fees for the selected currency.
Third Party Payments	The fees paid to a third party by Worldpay on behalf of your organization.