Residual payment accuracy
Am I being paid my residuals correctly?
If you've never reconciled your processor report against your Schedule A line by line, the honest answer is: you don't know. Here's how agents find out, by comparing the report to the contract, not to last month's deposit.
Your first audit is free
- One free audit on any processor format
- Map your Schedule A once, then reconcile every line item
- Then $147/mo Agent unless you cancel before your first charge
Residual accuracy is a line-item question
Residual reports are complex by design. Income, expense, net, and rev-share columns vary by processor. Fees appear under unfamiliar line item names. Rate changes from six months ago may never have been applied to your book, or may have been applied differently than your Schedule A reads.
- A report that 'looks about right' can hide material variance on specific line items.
- Processors don't reconcile your Schedule A for you, that comparison is your job.
- Checking three merchants manually doesn't prove the rest of your portfolio matches your contract.
- Agents who skip monthly reconciliation let unreconciled variance compound quarter after quarter.
How to know if your residuals are correct
Correct payment means every line item's actual residual matches expected residual from your Schedule A. Residual Genius runs that check across your full portfolio and shows where variance exists, by merchant, line item, and dollar impact.
Compare expected vs. actual on every line
Expected residual = net × your contracted rev-share. When actual is less than expected by a material amount, that is variance worth reviewing, not noise to ignore.
Look for patterns, not one-offs
The same fee category showing negative variance across many merchants usually points to a configuration or mapping difference, not a one-off on a single MID.
Confirm and quantify
Review exceptions, confirm against your contract, and total variance impact before you contact your processor or ISO.
Residual Genius, independent residual auditing for ISO agents.
Frequently asked questions
- How often should I check if I'm being paid correctly?
- Every month, on every residual report. Variance that repeats monthly is the easiest to document and the costliest to ignore.
- What if my residuals look close to last month?
- Month-over-month similarity doesn't prove accuracy, it can mean the same configuration has been applied consistently. Audit against Schedule A, not against memory.
- Can I audit one portfolio before committing?
- Yes. Your first audit is free. Upload one report and see flagged exceptions before you subscribe.
Ready to reconcile your next report?
No upfront payment. Start your first audit free, then $147/mo. Cancel anytime in one click.
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