{"title":"Pass-through settlement","category":"default","creationDate":1605004500,"content":"
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The pass-through settlement model is deprecated and not available for new integrations. See Settle funds<\/a> for information on sales day settlement.<\/p>\n<\/div><\/div>\n

With pass-through settlement, sales funds are settled according to the timelines of schemes and payment methods involved in the transaction. This means the funds from a sales day could be settled in more than one business day.<\/p>\n

The pass-through settlement model does not allow for reconciliation based on day totals. To reconcile payments<\/a> with this model, you must track the payments in your accounting reports<\/a>.<\/p>\n

How it works<\/h2>\n

Sales are assigned to a settlement batch as soon as the schemes or payment methods send the funds to Adyen. After the settlement batch closes, Adyen settles the funds on the next business day.<\/p>\n

For example, let's consider a balance account on pass-through settlement with a daily settlement frequency. The sales from Monday, January 1 are settled in separate batches over the subsequent days, from January 2 to January 7. Each settlement therefore contains funds from several sales days. The following image illustrates this example.<\/p>\n

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Adjustments to the settlement<\/h3>\n

Before settlement, Adyen adds or subtracts refunds<\/a>, chargebacks<\/a>, and other adjustments from the funds in the settlement batch. These adjustments are included as they occur, which can be in a different date from the sales day.<\/p>\n

Settlement frequency<\/h2>\n

Adyen settles any available funds daily on working days (Monday to Friday), excluding bank holidays. The settlement delay increases when a bank holiday falls on the capture day.<\/p>\n

Configure pass-through settlement<\/h2>\n

Pass-through settlement is enabled by default on a balance account. If you have configured sales day settlement<\/a> and want to revert to pass-through settlement, you can update the platformPaymentConfiguration<\/code> object in a PATCH \/balanceAccounts\/{id}<\/a> request.<\/p>\n

The following code sample shows how to make this request.<\/p>\n

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The following table shows the parameters related to the pass-through settlement configuration:<\/p>\n\n\n\n\n\n\n\n
Parameter<\/th>\nType<\/th>\nDescription<\/th>\n<\/tr>\n<\/thead>\n
platformPaymentConfiguration<\/code><\/td>\nObject<\/td>\nContains key-value pairs to the configure the settlement model in a balance account.<\/td>\n<\/tr>\n
salesDayClosingTime<\/code><\/td>\nString<\/td>\nSpecifies at what time a sales day ends.
Possible values: Time in HH:MM<\/code> format. HH<\/code> ranges from 00<\/code> to 07<\/code> and MM<\/code> must be 00<\/code>.
Default value: \"00:00\"<\/code>.<\/td>\n<\/tr>\n
settlementDelayDays<\/code><\/td>\nInteger<\/td>\nSet this value to an integer to enable sales day settlement<\/a>.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

See also<\/h2>\n