26/08/2026
Does your card payout match your actual sales?
It might not.
Card-payment providers may deduct transaction fees, refunds, chargebacks, or other adjustments before transferring the final payout to your bank account.
That means your records should show more than the amount that arrived in the bank.
A proper reconciliation should compare total card sales, refunds or reversals, processing fees, chargebacks, and the final amount deposited.
Recording only the net payout can understate your sales and hide the real cost of accepting card payments.
Need help keeping your bookkeeping accurate? Visit www.astrotax.co.za to see how Astrotax can help.