Settlement Cycle and Reconciliation Statement
Settlement Cycle Rules
Currently there are the following two configurable settlement cycle rules:
- T+(N) 【Settlement on the Nth day after the transaction occurs】
- Specified date 【Such as the 26th of each month】
- Weekly settlement 【Such as every Friday】
Note
Specific settlement cycle is subject to contract
Reconciliation Statement
| Settlement Cycle | Statement Type | Recommended Data Retrieval Time | Data Interval | Description |
|---|---|---|---|---|
| CYCLE (D+N) | Dependent Statement | Daily | [T, T+1) | Transactions on day T are settled on day T+N, requiring waiting for reconciliation |
| WEEKLY | Dependent Statement | Specified day of week +1 | [T-7, T) | Orders from the previous 7 days are settled on the specified day of the week, where T is the current date |
| MONTHLY | Dependent Statement | Specified day of month +1 | [Specified day of last month, Specified day of current month) | Orders from the previous month are settled on the specified day of the current month |
Note
The time in the above table is UTC+0 time. If there are no settled transactions in the current data interval, the statement file will not be generated