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How to reconcile monthly statements with daily billing

What is Daily Billing?

PayJunction's pay as you go billing (aka daily billing) deducts fees for each deposit. Therefore, by the end of the month, processing fees have already been collected. In some cases, a final charge is made at the beginning of the following month to collect any additional monthly fees.

How do I view my Monthly Statements?

PayJunction provides a Statements page to view or download all monthly statements.

To find the Statements page:

  1. Go to More
  2. Click on Statements

To view the total charged, open the monthly statement, then scroll down to the bottom.



How do I reconcile daily fees with the total monthly bill?

PayJunction provides a Deposits page that breaks down all deposits and fees. To find the Deposits page:

  1. Go to More
  2. Click on Deposits

When you add up all of the processing fees per deposit PLUS the final monthly bill, the total amount will match the amount that's listed on your Monthly Statement. Note, the final monthly bill is charged on the first business day of the following month. For example, final fees for March will be billed on the first business day in April.