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FXIFY Solutions Limited, Action Type
Authorisation
Capture
Refund,…
FXIFY Solutions Limited
Woocommerce.com
- All sales are recorded in USD.
- Express Checkout Payment is Sales in Paypal.
- Bank Statement (unrelated to Sales, Payment and Refund)
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- General Currency Conversion
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1.Banks
Payment made are in USD, GBP, MYR, PHP, AUD, SGD, EUR.
- META (GBP)
- Advertising
- Deel (GBP)
All Transactions in Paypal Bank Statements
- Cancellation of Hold for Dispute Resolution
- Chargeback
- Dispute Fee
- Express Checkout Payment
- General Currency Conversion
- General Hold
- General Hold Release
- General Payment
- Hold On Balance for Dispute Investigation
- Payment Refund
- Payment Reversal
- Pre-Approved Payment Bill User Payment
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Coinbase Commerce
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- Sales is a payment into Coinbase (money received).
- Sometimes if takda order ID and it appear in bank statement, need to cross check in coinbase and Woo.com.
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Coinbase Wallet
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- Sometimes there will be a transfer into the Coinbase Wallet from external account. We need to check in bank statements.
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Money is sent to Affiliate, where the FXIFY workers use for
Breakdown
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This is the master report for Payment, Balance and Payout.
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The ID should be identical. We can cross check the transaction ID (Captured or Refund) in Checkout and Woo.com to ensure is tally.
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- Bank (unrelated to Captured, Refund, Payout)
- Gateaway Fixed Fee
- Interchange Fixed Fee
- Premium Variable Fee
- Scheme Fixed Fee
- Scheme Variable Fee
Checkout apportion 22% of the money for rolling reserve. For example, it is for provision of chargeback transactions.
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Sometimes need to check in case:
- There is a transaction appear in the bank statement (Checkout, Paypal, Coinbase) but it does not appear as Completed transaction in Woo.com. The sales order actually in Pending transaction. So need to cross-check the order ID in Pending transaction to match with in the bank statement.
Action Type
- Authorisation
- Capture
- Refund
Payment Method
- AMEX
- VISA
- MASTERCARD
Description
- Approved
- Risk Blocked Transactions
- Suspected Fraud
- FXIFY is a Prop Firm
- David & Peter are the top person of the company.
- Woo.com is a platform for FXIFY transactions.
- Sale orders ID from Woo.com must be identical to
transaction ID in Checkout, Coinbase and Paypal.
- Checkout, Paypal and Coinbase are PSP.
- All transactions are in USD.
Expenses List
- Advertising
- Bank charges
- Marketing expenses
- Office Expense, repair & maintenance
- Outsource services
- Salary payroll
Payment for:
- Dispute Fee
- General Hold
- General Payment
- Hold On Balance for Dispute Investigation
- Payment Refund
- Payment Reversal
- Pre-Approved Payment Bill User Payment