What is Chargeback Reconciliation | chargebackhit.com

Chargeback Reconciliation


Chargeback Reconciliation entails meticulously ensuring that accounting records accurately reflect the financial transactions and adjustments arising from chargebacks.

This involves matching the records of chargebacks and associated fees against the general ledger, identifying discrepancies, and making necessary corrections. Chargeback reconciliation is crucial for maintaining accurate financial records, facilitating clear financial oversight, and supporting effective dispute management strategies.