> ## Documentation Index
> Fetch the complete documentation index at: https://docs.dodopayments.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Balances

> Track your financial activity across multi-currency wallets with comprehensive transaction ledgers, including payments, refunds, fees, and payouts in USD, GBP, and EUR.

## Introduction

The **Balances** section provides merchants with a comprehensive overview of their financial activity across all currencies. It includes every transaction type - payments, refunds, fees, taxes, and payouts - ensuring full visibility into both earnings and deductions.

## Key Details

<Frame>
  <img src="https://mintcdn.com/dodopayments/86riaeMBxlAcW9Bk/images/balances.png?fit=max&auto=format&n=86riaeMBxlAcW9Bk&q=85&s=d15b189037b8797e83c79d3f211638a5" alt="Balances dashboard showing wallet overview and transaction ledger" style={{ maxHeight: '500px', width: 'auto' }} width="1884" height="1058" data-path="images/balances.png" />
</Frame>

## Wallet Structure

Each business account maintains **three native wallets** based on supported payout currencies:

| Wallet     | Currency Code |
| ---------- | ------------- |
| USD Wallet | USD           |
| GBP Wallet | GBP           |
| EUR Wallet | EUR           |

### Wallet Logic

* Merchant sales are **credited to the appropriate wallet** based on the **customer's payment currency** and **geographic location**.
* This system optimizes for **payment processor efficiency**, **reduced transaction fees** and **lower currency conversion charges**.

## Balance Ledger

Each wallet has an **independent ledger** recording all related financial activity - payments, refunds, fees, and payouts - in that specific wallet's currency.

A **Consolidated Ledger** combines all wallet data, offering a unified view of the merchant's entire financial history.

### Filters and Navigation

* **Currency Filter:** Allows merchants to view transactions by specific wallet (USD, GBP, EUR).
* **All Transactions View:** Provides an aggregated view across all wallets with unified sorting, filtering, and search capabilities.

### Transaction Types

The following transaction types are recorded in the Balance ledger:

| Transaction Type     | Symbol     | Description                                       |
| -------------------- | ---------- | ------------------------------------------------- |
| **Payment**          | Credit (+) | Successful customer payment                       |
| **Refund**           | Debit (-)  | Returned amount to the customer                   |
| **Transaction Fees** | Debit (-)  | Processing fees applied to payments               |
| **Refund Fees**      | Debit (-)  | Fees deducted for processing refunds              |
| **Sales Tax**        | Debit (-)  | Tax amount charged on payments                    |
| **Sales Tax Refund** | Credit (+) | Refunded portion of sales tax on refunds          |
| **Payout**           | Debit (-)  | Amount transferred to the merchant's bank account |
| **Payout Fees**      | Debit (-)  | Transaction fees deducted from payouts            |

#### Additional Fields

* **Transaction Amount:** Total value associated with the transaction.
* **Transaction Timestamp:** Date and time of transaction completion.
* **Transaction ID:** Unique identifier for tracking and support purposes.

## Total Balance

The **Total Balance** section shows a **consolidated indicative amount** of all wallet balances - **USD, GBP, and EUR** - after conversion to USD.

<Note>
  **Indicative Display:** The displayed amount is **for reference only**. Final payout amounts may vary based on the actual exchange rate at the time of transfer.
</Note>

## Conclusion

The **Balances** aims to deliver **transparency, accuracy, and flexibility** in managing multi-currency funds.

By maintaining separate native wallets, providing currency-based filters, and enabling indicative consolidated views, Dodo Payments ensures merchants always have a clear understanding of their earnings and payout readiness.

<Tip>
  For any discrepancies or clarifications, please reach out to **[support@dodopayments.com](mailto:support@dodopayments.com)** with your **Transaction ID** and issue details.
</Tip>