# Channel Reconciliation - Final Summary

**Event:** Mohamed Abdo NYE 2025
**Generated:** 5 January 2026

---

## DATABASE BREAKDOWN (486 orders)

| Channel | Count | Amount | Payment Methods |
|---------|-------|--------|-----------------|
| **Admin Sales** | 21 | **£109,967.60** | Bank transfers |
| **POS Sales** | 94 | **£231,950.00** | Credit £187,700 / Debit £1,850 / Cash £26,000 / Split £16,400 |
| **Online Sales** | 368 | **£696,325.00** | Card £339,550 / Revolut £330,500 / Stripe £25,900 / Other £375 |
| **Complimentary** | 3 | **£7,550.00** | Written off (invites/VIP) |
| | | | |
| **GROSS REVENUE** | 483 | **£1,038,242.60** | |

---

## REVOLUT API BREAKDOWN (500 payments)

| Category | Amount | Notes |
|----------|--------|-------|
| Online (matched to DB) | £587,850.00 | 353 orders with valid Revolut IDs |
| POS/Orphaned | £224,612.00 | 147 payments not linked to DB |
| Test (<£1) | £0.53 | 28 test transactions |
| | | |
| **REVOLUT TOTAL** | **£812,462.53** | |

---

## DB vs REVOLUT COMPARISON

| Category | DB Amount | Revolut | Variance | Notes |
|----------|-----------|---------|----------|-------|
| Online Sales | £696,325 | £587,850 | **+£108,475** | DB higher - includes duplicates |
| POS Card | £189,550 | £224,612 | **-£35,062** | Revolut higher - bar/merch? |
| **Total Card** | **£885,875** | **£812,463** | **+£73,412** | DB overreport |

### Variance Breakdown

| Issue | Amount | Status |
|-------|--------|--------|
| Duplicate Orders 522, 523 | £51,800 | ✅ Identified - can fix |
| Online mismatch (other causes) | £56,675 | ⚠️ Investigate |
| POS undercounted in DB | -£35,062 | Revolut captured extra sales |
| **Net Variance** | **£73,413** | |

---

## MBS TERMINAL vs REVOLUT

```
MBS Terminal Report:      ~£250,000 (client estimate)
Revolut POS Actual:        £224,612

MBS OVERREPORT:            £25,388
```

**Explanation:** MBS terminal may show gross attempts including:
- Declined transactions
- Test swipes
- Cancelled payments
- Display/reporting errors

**Revolut API is SOURCE OF TRUTH** - it only shows completed, settled payments.

---

## TRUSTED REVENUE (Revolut as Source of Truth)

```
┌─────────────────────────────────────────────────────────────┐
│                   VERIFIED REVENUE                          │
├─────────────────────────────────────────────────────────────┤
│ Revolut Card (verified via API)          £     812,462.53 │
│   - Online (matched to DB)               £     587,850.00 │
│   - POS/Orphaned                         £     224,612.53 │
├─────────────────────────────────────────────────────────────┤
│ Bank Transfers (client verify)           £     109,967.60 │
│ Cash (trust accounting)                  £      26,000.00 │
│ Split (partial card)                     £      16,400.00 │
├─────────────────────────────────────────────────────────────┤
│ TRUSTED GROSS REVENUE                    £     964,830.13 │
├─────────────────────────────────────────────────────────────┤
│ Less: Estimated Fees                                        │
│   - Online (1% + £0.20)                  £       7,036.85 │
│   - POS (1%)                             £       1,895.50 │
├─────────────────────────────────────────────────────────────┤
│ TOTAL FEES                               £       8,932.35 │
├─────────────────────────────────────────────────────────────┤
│ NET TRUSTED REVENUE                      £     955,897.78 │
├─────────────────────────────────────────────────────────────┤
│ NON-REVENUE                                                 │
│ Complimentary (face value)               £       7,550.00 │
└─────────────────────────────────────────────────────────────┘
```

---

## KEY INSIGHTS

### 1. DB Over-reports Online Sales by £108,475
- **£51,800** is the duplicate orders (522, 523)
- **£56,675** needs investigation - orders marked paid but may not have Revolut settlement

### 2. DB Under-reports POS by £35,062
- Revolut captured £35k MORE in POS than DB recorded
- These are likely: bar sales, merchandise, walk-ups not entered in system
- This is REAL revenue captured by Revolut

### 3. MBS Terminal Over-reports by ~£25,000
- Terminal shows gross attempts, not settled payments
- Revolut API is authoritative for actual received funds

### 4. Net Position
- **DB Gross:** £1,038,243 (inflated by duplicates)
- **Trusted Gross:** £964,830 (Revolut + bank + cash + split)
- **Difference:** £73,413 (duplicates + DB errors - extra POS)

---

## SUMMARY TABLE

| Line Item | Amount |
|-----------|--------|
| **Revolut Verified** | **£812,462.53** |
| Bank Transfers (client verify) | £109,967.60 |
| Cash | £26,000.00 |
| Split Payments | £16,400.00 |
| **GROSS REVENUE** | **£964,830.13** |
| Less: Fees | -£8,932.35 |
| **NET REVENUE** | **£955,897.78** |
| | |
| Complimentary (written off) | £7,550.00 |

---

*Based on Revolut API as source of truth for card payments*
*Bank transfers require client verification*
*Cash based on DB trust accounting*