Buckaroo supplies bankstatements. The Merchants can use the statements to book the incoming funds and the costs of the payment traffic via Buckaroo. This affiliation sometimes raises questions. The explanation on this page is a description possible way the accounting of the funds can be handled.
With multiple ledgers, the various steps of the online payments can be monitored correctly. It starts at the moment of a succeeded payment by the Debtor in the checkout (1 and 2). This is followed by the moment that the funds become available and the associated payout by Buckaroo (2a). After this the costs of the payments and the invoice of Buckaroo is received (2b and 3). The drawing below shows where these steps are located in the process and how they can be set up. In this way, the time interval between the commitment of the funds and the actual receipt of the funds can be mapped out very precisely. This is particularly advantageous when payment methods are used that have different payout terms.