E-Commerce Multi-Channel Statement Challenges
Modern online businesses process customer payments through digital payment processors like PayPal, Stripe, and Square in addition to traditional business checking accounts. At month-end, bookkeepers must reconcile processor fees, gross sales, and net payouts across multiple platforms.
Converting Merchant PDF Reports to CSV
Using StatementPro, you can convert PDF activity summaries from payment gateways into uniform CSV spreadsheets. This allows you to isolate processing fees (e.g., 2.9% + $0.30 per transaction) and map net deposits directly to your bank account ledger.