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Reconciliation workflow

Multi-Currency Settlement Reconciliation for the Middle East

Reconcile AED and SAR settlements against your records with the exchange rate captured at transaction level — so a genuine short payment is never confused with a currency difference, and vice versa.

Noon logoNoonNamshi logoNamshiTrendyol logoTrendyolZalando logoZalandoAmazon logoAmazon
Multi-Currency Settlement Reconciliation for the Middle East workflow diagram

The outcome

Cross-border settlements stop producing phantom shortfalls. Each AED or SAR settlement is reconciled in its transaction currency with the rate recorded per transaction, so real short payments and exchange differences are told apart.

How teams use it

Transaction-level FX

The exchange rate is captured per transaction, not as a single period rate that distorts variances.

Reconcile in-currency

Settlements are reconciled in AED or SAR before conversion, so gaps are real.

Short-pay vs FX

A genuine deduction is separated from an exchange difference automatically.

GCC channel coverage

Works across the Middle East marketplaces you sell on.

How the workflow runs

  1. Ingest settlement. AED or SAR settlements are pulled from each GCC marketplace.
  2. Apply transaction FX. The rate at transaction level is recorded and applied.
  3. Reconcile and classify. Gaps are classified as short payment or exchange difference.

Where customers use it

Customers run this template across Noon, Namshi, Trendyol, Zalando and Amazon, spanning India, the Middle East and Southeast Asia. Additional channels and systems can be added to the workflow on request.

Questions we get asked

Why reconcile in the transaction currency?

Because booking everything at a single period rate creates variances that look like short payments but are exchange differences. Recording the rate per transaction and reconciling in-currency keeps real gaps distinct.

Which Middle East channels are supported?

Connected GCC and regional marketplaces including Noon, Namshi, Trendyol and Zalando, alongside Amazon regional marketplaces such as amazon.ae and amazon.sa.

Does it handle both AED and SAR?

Yes, and other settlement currencies, each reconciled in its own currency before conversion for reporting.

Reconcile GCC settlements correctly

See AED and SAR settlements reconciled with transaction-level FX across Noon, Namshi and more.

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