Balance summary

Balances page

Navigate to "Balances" page in MoneyCollect Dashboard to check your total balance(including the balance available to pay out and the balance held by MoneyCollect.)

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Balance
Balances available to pay out=Released balances from transaction balances + Released balances of reserved funds
Total held balances= Held balances from transaction balances + Held balances of reserved funds
Total Balances =Balances available to pay out + Total held balances

Transaction balance

Total Transaction balance= Released balance of Transaction balance + Held balance of Transaction balance

For your transaction balance, MC will hold your balance for 7 days firstly(T+7 rule to pay out) and then release it to you to pay out.

Reserved fund balance

Total Reserved fund balance= Released balance of Reserved fund + Held balance of Reserved fund

1. Reserved funds：for preventing negative balances caused by disputes and refunds，MoneyCollect will charge a certain temporary fee for each transaction.The reserved funds will be released to merchants after 120 days.

2. Released balance in Reserved fund balance：the reserved funds MoneyCollect has already returned to your MoneyCollect balance.

3. Held balance in Reserved fund balance：the reserved funds which are still held by MoneyCollect and will be returned to your MoneyCollect balance after 120 days.

Reserved funds are used to prevent negative balances due to disputes and refunds. Most reserves placed by MoneyCollect are temporary.

Balance Reports

Report Types	Details
Summary	Export data in excel format, exactly the same as what you see in the MoneyCollect dashboard.
Itemized	Export the full list of individual transactions that are summarized in the MoneyCollect dashboard.

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Balance summary

• Category:one of starting_balance activity_gross activity_fee activity payouts_gross payouts_fee payouts ending_balance

• Description:

Category	Description
starting_balance	Starting balance (Year-Month-Day)
activity_gross	gross from account activity before fees
activity_fee	MoneyCollect fee
activity	Activity
payouts_gross	Payouts to your bank account
payouts_fee	Payout fees
payouts	Total payouts
ending_balance	Ending balance(Year-Month-Day)

• Net: net for the transactions associated with category

• Currency: transaction currency

Balance change from activity

Category	the type of your transactions
Currency	three-letter ISO code for the currency （define gross fee net).
Count	the number of transactions associated with the category.
Gross	sum of the gross amounts of the transactions associated with the category.
Fee	sum of the fees paid to MC for the transactions associated with the category.
Net	sum of the net amounts for the transactions associated with the category.

Itemized balance change from activity

Balance transaction id	unique identifier for the balance transaction.
Created	time at which the balance transaction was created.
Available On	the date the balance transaction’s net funds will become available in the MoneyCollect balance.
Currency	three-letter ISO code for the currency（define gross fee net).
Gross	gross amount of the transaction.
Fee	fees paid to MC for the transactions associated with the category.
Net	net amounts for the transactions associated with the category.
Category	a categorization of balance transactions.
Source	the object which this transaction is related to.
Object id	the object which this transaction is related to.
Description	an arbitrary string attached to the balance transaction.

Payout Summary

Category	a categorization of balance transactions.
Currency	three-letter ISO code for the currency （define gross fee net).
Count	the number of transactions associated with the category.
Gross	sum of the gross amounts of the transactions associated with the category.
Fee	sum of the fees paid for the transactions associated with category.
Net	sum of the net amounts for the transactions associated with category.

Itemized payout report

Payout Id	ID of the automatically created payout
Created	the date to payout
Effective At	the date the paid-out funds are deducted from your MoneyCollect balance.
Currency	three-letter ISO code for the currency（define gross fee net).
Gross	gross amount of the transaction.
Fee	fees paid to MoneyCollect for the transactions associated with the category.
Net	net amount for the transactions associated with the category.
Category	a categorization of balance transactions.
Description	description which are often useful for displaying to users.
Payout Status	Current status of the payout (paid, pending, failed).