Specific accounting points that are generally decided by the financial staff.The following is a typical accounting for payments using banking channels, which includes multiple internal accounts such as gateway accounts, channels to be cleared, merchants to be settled, handling fees, bank positions, etc. illustrate: The figure only depicts normal scenarios such as discrepancies in detailed reconciliation (long and short payments) and uneven account reconciliation (channels paying less or paying more). The above is only a typical accounting scheme. Some real-world scenarios are simpler and some are more complex. When opening multiple intermediary accounts, which account should be approved under which circumstances is generally decided by the finance team.
. Trade Settlement and Accounting Trade settlement australia email list and customer payments are two independent processes. Taking a typical merchant settlement to card accounting as an example, it usually includes the merchant's account pending settlement, the transit account to pass, the channel needs to be cleared, the channel has been cleared, the bank position and other internal accounts. illustrate: The above is a merchant settlement to card scenario. The internal preparation of each company's account may differ. . Summary of product architecture diagram The so-called product architecture diagram, simply understood, represents the type of services provided from a product perspective.
The following is a product architecture diagram of a typical payment system. The actual implementation will vary significantly, especially in the upper layer of the product or application. There are many institutions that provide some special capabilities for special industries. But these are the basic capabilities. illustrate: This picture is relatively simple, but it already contains the basic capabilities of the payment system product. The top part is the product capabilities that members or merchants see, including portals, checkouts, purchase products, capital products, etc. The next parts are the core payment system services, which are used to support external product capabilities.