Reconciling payments can be complex, especially if you receive multiple bank transfers or consolidated deposits.

Manual transfer reconciliation

Cord does not have direct visibility into your bank statement. To reconcile transfers:

1. When you receive a deposit, search for the quote’s folio or the client’s tax id in Cord (the RFC in Mexico; the NIF/CIF, EIN, NIT, or other local identifier elsewhere).
2. Open the quote and click on Mark as Paid.
3. In Mexico, if the quote requires a CFDI, this immediately triggers the stamping of the Invoice (PUE) or the Payment Supplement (REP). In every other country, this updates the status of the commercial invoice (or the corresponding Verifactu record in Spain) with no submission to any authority.

Online payment reconciliation

If your clients pay by card (or by SPEI in Mexico) via the integrated checkout, in any country where Cord Payments is available:

1. Cord records the payment after receiving a signed confirmation from the network.
2. Go to Payments to relate the quote number, charge, fee, net amount, and bank deposit.
3. Export the period report and reconcile it with your bank statement.