What it means
Match the components
Order totals, accepted payments, refunds, fees, disputes and payouts may appear in different records or periods. A net bank deposit may represent many transactions rather than one customer payment. Reliable matching uses stable identifiers and understood currency and timing rules.
Investigate differences
A mismatch is an exception to investigate, not something to erase by changing the original evidence. Reports may arrive after a payout or use an estimated arrival date rather than the bank posting date. Keep an audit trail of matching decisions and subsequent adjustments.
Related concepts
In practice
A concrete example
A business matches a net payout to its underlying payments, refunds and fees, then checks the resulting amount against the bank statement.
Technical notes & boundaries
A matching total alone does not prove every individual transaction is correct. Provider reports, ledger entries and bank records can have different cutoffs.
Go to the source.
Original references used for this definition. Product details and standards can change.
