US 1099-K Reconciliation

Import a payment-processor 1099-K and reconcile its gross figures to your booked deposits, fees and refunds.

Key Features

Import the 1099-K as received

Import the 1099-K as received — enter Box 1a/1b/3/4 and the monthly boxes 5a-5l by hand, paste a CSV, or upload the processor's export. Month labels accept numbers, names or box codes (5c). A built-in cross-check warns when the twelve month

Rebuild the gross from your books

Rebuild the gross from your books — for each calendar month the engine reads inbound customer receipts (net deposits) and customer refunds from the journals you flag as payment processors, plus the processor fees posted to the fee accounts

Surface and explain the variance

Surface and explain the variance — every month is classified as matched, variance or unmatched against a configurable amount/percent tolerance, with a plain-English explanation of the gross-vs-net bridge and an optional booked-revenue colum

Flag the problems

Flag the problems — months where the processor reports volume but nothing was booked are flagged unmatched; a missing-configuration warning is persisted (never a hard error) so a run always produces a worksheet.

Produce the worksheet + CSV

Produce the worksheet + CSV — a month-by-month reconciliation worksheet with a totals row, downloadable as CSV for your workpapers or your accountant.

Screenshots

Import 1099 K Monthly Figures

1099 K Reconciliations

1099 K Statements

Why Choose This Module

A Form 1099-K reports the gross amount of your payment-card and third-party-network transactions — Stripe, PayPal, Square, Amazon and the like. It is never reduced for processor fees, refunds, chargebacks or other adjustments, so the number rarely ties to the revenue or the deposits in your books. Explaining that gap on the return is tedious and error-prone.

Specifications

Compatible: Odoo 18.0 / 19.0
License: OPL-1
Languages: English
Author: Pokutsoft
Dependencies: account
Support: support@pokutsoft.com

Update date: 2026-07-05