What is required to reconcile payouts when implementing Manual Payouts?

In the context of implementing Manual Payouts, the requirement for custom schedules for payouts is essential. This is because manual payouts require the ability to dictate when funds are disbursed, allowing businesses to align these payouts with their operational needs, cash flow management, or any other specific criteria they may have.

Custom schedules provide the flexibility to create tailored payout timings, which is particularly beneficial for businesses that might operate in different regions, deal with varying transaction volumes, or have specific financial obligations. Being able to set and modify payout schedules ensures that reconciliation can occur smoothly, as businesses can predict when funds will be available and plan their accounting practices accordingly.

Transaction-level reporting pertains to understanding the details of individual transactions, while standard payout models and automatic reconciliations generally relate to more automated systems. However, in a manual context, having a customizable schedule is critical for adequately managing and reconciling the payouts effectively.