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Fundamental concepts

Relationship diagram​

Concept definitions​

Order​

Represents the original transaction made on a marketplace. It is the base unit of the whole reconciliation process. Main characteristics:

  • Contains information such as order ID, date, total amount, customer
  • Is the origin of all subsequent financial events
  • Serves as the reference for grouping related releases

To see all mapped types, go to this page.

Release​

These are the financial records associated with the order. They represent specific financial movements related to the transaction.

Common types:

  • Sale: Gross amount of the transaction
  • Commission: Fees charged by the marketplace
  • Shipping: Amount of the delivery service
  • Reversal: Returns or cancellations

Reconciliation​

It is the process of cross-checking orders and releases sent by the marketplaces, ensuring that expected and settled amounts are consistent.

Functionality:

  • Compares expected amounts vs. actual amounts
  • Identifies discrepancies and divergences
  • Generates reconciliation reports for confirmation
  • Is the heart of the financial audit process