Step 1 - Review your books.

Separate your Profit & Losses (e.g. revenues, costs) from your Assets (e.g. bank statement.) Most bookkeeping systems should do this for you automatically. You need to book your costs manually, but your e-commerce platform will automatically add your revenue. We assume your bank statement is already uploaded. 

Accounting systems often create a suspense account automatically when you upload a balance report. If a suspense account wasn't created after you uploaded your Mollie balance report, you can try entering the following bank account information: NL30 ABNA 0524590958.

Step 2 - Fill in your suspense account.
Export your Mollie Balance Report and use it to fill your suspense account. Your Balance Report will include payments, deductions, settlements and/or withheld fees. You can download this daily or monthly.

Step 3 - Reconcile your transactions.
You can now begin to reconcile all sales with your payments, your Mollie invoice, and your bank settlement with your Mollie settlement. You can check whether you have processed your transactions correctly by comparing the final amount to your current Mollie balance.

Step 1 - Review your books.

Separate your Profit & Losses (e.g. revenues, costs) from your Assets (e.g. bank statement.) Most bookkeeping systems should do this for you automatically. You need to book your costs manually, but your e-commerce platform will automatically add your revenue. We assume your bank statement is already uploaded. 

Step 2 - Download your Mollie Settlement Report.

To download your Mollie Settlement Report, go to Administration > Settlements. Your Mollie Settlement shows you all of your revenue, deductions and costs. Download the settlement you wish to clarify.

Step 3 - Replace.

In your accounting system, remove the original Mollie settlement from your bank statement and replace it with the Mollie Settlement Report you just downloaded. The total amount (e.g. all your payments, deductions, and costs) will match the amount settled in your bank account. 

Step 4 - Reconcile your transactions.

You can now begin to reconcile all sales with your payments and your Mollie invoice.