How to reconcile your Airwallex Xero Invoice Payments

This guide explains how your Airwallex Xero Invoice Payments will reconcile to your Xero account. Please see below for: 

How the settlement process works

When you create an Invoice in Xero and select Airwallex as the payment service, we will create a checkout link that your customers can use to pay the Invoice. When your customers pay the Invoice, the payment amount will be posted to the Invoice and the "AWX - CUR Invoices" account in Xero where CUR is the currency of the invoice (e.g. HKD, AUD, EUR, THB). 


For more information about how settlement works for your Airwallex account, see this article: I have questions about the settlement of funds using Online Payments

How to reconcile your settlement amount to your invoices

The Airwallex Xero Bank Feed that posts all your wallet transactions to Xero will include a Batch Settlement line item for this settlement, alongside any payouts, deposits, or FX transactions you made. 

You will see this under the "Airwallex CUR" Xero bank account where CUR is the currency of the wallet balance. 

You can reconcile the transactions posted in "AWX - CUR Invoices" against the Batch Settlement by downloading the Settlement Report from your Airwallex webapp and seeing which payments are included in the Batch Settlement, and the breakdown of fees and payment reserve holds. 

This report allows you to match the Batch ID with:

  • Gross settlement amount and currency
  • Fees - payment method fees, gateway fees, etc.
  • Reserve amount
  • Exchange rate
  • Net settlement amount
  • Order ID