Learn about Bread's Settlement Report and how to reconcile your Bread deposits.
What is the settlement report?
The Settlement Report provides a detailed csv of funding activity occurring on settled and refunded transactions for a selected time period.
Typically, all settled transactions are funded by Bread on a daily basis. After transactions are settled, funds are expected to appear in your account within 0-2 business days via ACH.
Downloading the Settlement Report
The report can be accessed under the "Reporting" dropdown in the Bread Merchant Portal. After clicking "Download CSV Report", you can download a list of transactions within a 100 day date range.
Settlement Report Column Definitions
|ach_effective_date||The date that funds are deposited in a merchant account|
|bank_request_date||The date and time when Bread requests funds, based on a merchant’s previous day funding events|
|funding_event_date||The date of the funding event action taken by a merchant (settlement or refund)|
|customer_name||The name of the customer associated with the transaction|
|bread_product||The Bread payment product (e.g. "INSTALLMENTS")|
|bread_transaction_ID||A unique ID generated for each Bread transaction|
|merchant_order_ID||An external order ID, sent to Bread in the UPDATE request to Bread's Transaction API|
|transaction_creation_date||The date the transaction was created|
|transaction_amount||The total checkout amount of the transaction|
|funding_event_type||The type of funding event for the transaction (e.g. SETTLE or REFUND)|
|funding_event_amount||The amount that is settled or refunded. A positive amount indicates that the transaction was settled while a negative amount indicates it was refunded|
|funding_event_fees||The positive or negative amount of fees associated with the funding event|
|transaction_fee||Transaction fees associated with the transaction. This value may be 0|
|total_settled_amount||The total positive or negative settled amount deposited or netted on the ach_effective_date|
|currency||Currency of the transaction (USD)|
|bread_merchant_ID||Bread unique ID for a merchant|
|merchant_name||The merchant name|
|location_reference_ID||The location ID associated with a merchant. Not all merchants will need a location ID|
Note on Refunds
Refunded amounts are netted from daily ACH payments. Funding event fees on refunds are reflected as positive amounts, as Bread will return fees originally netted from settled transactions.
View and download a sample settlement report HERE
Updated about 1 year ago