---
title: Settlements
slug: dashboard/settlements
excerpt: >-
Track settlement batches, reconcile payments, and understand when funds reach
your bank account.
sidebar_order: 4
hidden: false
metadata:
title: "Settlements Dashboard — Track Payouts & Reconciliation | Pine Labs"
description: >-
Monitor settlement batches, view transaction details, track settlement timelines with UTR numbers, and reconcile payments with T+1 or custom payout schedules. See today's settlements and pending amounts in one view.
keywords: "settlements, settlement dashboard, payout tracking, UTR, reconciliation, T+1 settlement, Pine Labs settlements"
robots: index
---
You can easily track your settlements in this section, which offers a detailed view of your financial transactions. It also provides a clear breakdown of **Today’s Settlements** (successfully settled) and **Yet to be Settled** (Pending for settlement), helping you efficiently monitor and manage your settlements.
Merchants can click on a specific **Settlement ID** or **UTR Number** to view a deeper breakdown of their settlement details. The settlement details include the transaction details and timelines listed below:
* **Transaction Details**: Each settlement provides detailed transaction data, including the **Transaction ID**, **Date**, **Amount**, and **Status**.
* **Timeline**: Merchants can view the settlement timeline, including initiation, expected completion, and status of the settlement.
## How settlements work
After a payment is captured, the funds don't reach your bank instantly. Pine Labs batches captured payments into settlement cycles and transfers the net amount to your registered bank account.
### Settlement timing
| Schedule | Description |
|---|---|
| **T+1** | Funds settled next business day after capture |
| **T+45** | Custom schedule based on your agreement with Pine Labs |
> **Note:** Settlement schedules are configured during merchant onboarding. Contact your account manager to adjust your schedule.
---
## Settlement list view
Each row represents a settlement batch:
| Column | Description |
|---|---|
| **Settlement ID** | Unique identifier for the settlement batch |
| **Settlement Date** | When the funds were transferred |
| **Gross Amount** | Total captured amount before deductions |
| **Deductions** | TDR (Transaction Discount Rate) fees + refunds + chargebacks |
| **Net Amount** | Final amount credited to your bank |
| **UTR Number** | Unique Transaction Reference from the bank — use this for bank reconciliation |
| **Status** | Settled, Pending, On Hold |
| **Transaction Count** | Number of payments included in this settlement |
## Settlement statuses
| Status | Meaning |
|---|---|
| **Settled** | Funds transferred to your bank account |
| **Pending** | Settlement is being processed, funds will be transferred soon |
| **On Hold** | Settlement is held — usually due to account verification or risk review |
---
## Search and filter settlements
### Quick search
- **UTR Number** — Bank reference for matching with your bank statement
- **Settlement ID** — Pine Labs settlement identifier
### Advanced filters
| Filter | Options |
|---|---|
| **Date range** | Specific settlement date range |
| **Status** | Settled, Pending, On Hold |
| **Amount range** | Minimum and maximum net settlement amount |
---
## Export settlement reports
1. Apply date range and status filters
2. Click **Export** → choose **CSV** or **Excel**
3. The report downloads with full settlement details
### Export fields
| Field | Description |
|---|---|
| Settlement ID | Unique batch identifier |
| Settlement Date | Transfer date |
| Gross Amount | Total captured before deductions |
| TDR / MDR | Transaction fees |
| GST | GST on fees |
| Refunds | Refund deductions |
| Chargebacks | Chargeback deductions |
| Net Amount | Final credited amount |
| UTR Number | Bank reference number |
| Status | Settlement status |
| Transaction Count | Number of payments in the batch |
For transaction-level settlement exports, open a settlement detail and export from there to get per-transaction fee breakdowns.
---
## Settlements via API
| Dashboard action | API equivalent | Reference |
|---|---|---|
| View all settlements | `GET /api/pay/v1/settlements` | [Get All Settlements](/api/settlements/get-settlements) |
| View by UTR | `GET /api/pay/v1/settlements?utr={utr}` | [Get Settlements by UTR](/api/settlements/get-settlement-by-utr) |
→ See [Settlements — Overview](/docs/settlement) for full API details
---
## FAQ
Why is my settlement amount less than the total payments?
Settlements reflect the **net** amount after deducting TDR fees, GST, refunds, and chargebacks. Review the settlement detail breakdown to see each deduction line item.
What does "On Hold" mean?
A settlement may be placed on hold for compliance checks, risk review, or documentation requirements. Contact your account manager or pgsupport@pinelabs.com to resolve.
Why don't I see a settlement for today's payments?
Payments captured today are typically settled on T+1 or T+2 (next 1–2 business days). Settlements don't occur on bank holidays or Sundays.
How do I reconcile when a refund reduces my settlement?
Refund amounts are deducted from the settlement batch they fall into. In the settlement detail, the **Refunds** line item shows the total deducted. Cross-reference with the [Refunds](/dashboard/refunds) section for individual refund details.
Can I change my settlement bank account?
Yes. Go to **[Settings](/dashboard/settings) → Bank Account** to update your settlement bank details. Changes require re-verification and may take 2–3 business days to take effect.
---