---
url: >-
  https://acquirer-api-docs-v4-en.pingpongx.com/en/notes/reconciliation/settlementCycle/index.md
description: >-
  The settlement cycle and reconciliation statement define the settlement rules
  and reconciliation methods for PingPongCheckout. Supports three settlement
  modes: T+(N), specified date, and weekly settlement, with specific cycles
  determined by contract. Reconciliation statements are generated daily, weekly,
  or monthly according to the settlement cycle, with data intervals
  corresponding to different settlement types to ensure accurate reflection of
  transaction status.
---
# Settlement Cycle

## Settlement Cycle Rules

Currently there are the following two configurable settlement cycle rules:

1. T+(N) 【Settlement on the Nth day after the transaction occurs】
2. Specified date 【Such as the 26th of each month】
3. Weekly settlement 【Such as every Friday】

::: note 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 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
:::