Daily Statement Billing Settlement Configuration

Owned by Rachel Henin (Unlicensed)
Last updated: Feb 07, 2024 by Miles Graves
4 min read

This Implementations resource provides steps to configure daily gross settlement.

Step 1: Create a /billingsresource

This will determine what fees are collected in a statement for a period of time. In this instance, you will want to establish a billing resource daily of 1 for Daily Gross Settlement. '

Step 2: Associate a /billingEvents resource to the /billingsresource.

This defines what will be collected in a statement. A /billingEvents can be set up for fees, chargebacks, returns and/or profitShares. If the resource is for one specific item then the eventSchedule must be set otherwise the /billingEvents will apply for all items (i.e. all fees opposed to just a specific fee).

Suggestion: Establish a fee group and associate the billing event to the established group. That way, you then will only need to associate your new merchant to the established group.

The entity reference below is defined as the entity that will be collecting the fees. In most cases, this would be the Partner of Payrix collecting fees from their Merchant. You can locate your entity ID within the Portal or inquire through Partner Integrations.

REQUEST: POST /billings { "entity": "t1_ent_5ec557f228740699e61e330", "org": "t1_org_5ec55828592a640ef2b3eb5", "schedule": "days", "scheduleFactor": "1", "start": "20210624", "currency": "USD", "billingEvents": [ { "event": "fees" } ] } RESPONSE: "response": { "data": [ { "billingEvents": [ { "id": "t1_ble_60d335745bf6cf570642c5e", "created": "2021-06-23 09:21:56.3789", "modified": "2021-06-23 09:21:56.3789", "creator": "t1_log_60bf7b499027d6b3a259cd7", "modifier": "t1_log_60bf7b499027d6b3a259cd7", "billing": "t1_bil_60d335745ba32d61bf4cbe7", "event": "fees", "eventSchedule": null, "deductFromBalance": 0, "inactive": 0, "frozen": 0 } ], "id": "t1_bil_60d335745ba32d61bf4cbe7", "created": "2021-06-23 09:21:56.3755", "modified": "2021-06-23 09:21:56.3755", "creator": "t1_log_60bf7b499027d6b3a259cd7", "modifier": "t1_log_60bf7b499027d6b3a259cd7", "login": "t1_log_60bf7b499027d6b3a259cd7", "entity": "t1_ent_5ec557f228740699e61e330", "org": "t1_org_5ec55828592a640ef2b3eb5", "division": null, "partition": null, "description": null, "schedule": "days", "scheduleFactor": 1, "start": "20210624", "finish": null, "collection": "entity", "collectionFactor": "days", "collectionOffset": 1, "collectionIncludeCurrent": "0", "currency": "USD", "inactive": 0, "frozen": 0, "forentity": null

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