In any lending operation, tracking how and when you receive repayments is critical. For example, your finance team might need to reconcile a ₦500,000 inflow from your bank statement. To do this, they can use the Lendsqr Admin Console to check settlement records, confirm when the funds were received, and identify the transactions that made up the total amount. These reports help lenders stay on top of their finances, quickly resolve discrepancies, and maintain accurate records.
On the Lendsqr Admin Console, you’ll find two settlement reports under the Reports section in the side menu. Each serves a specific purpose and gives you a clear view of how money flows into your system.
The first is the Settlement Summary. This report provides a daily overview of settlement activities. It shows the exact day each settlement occurred and when the funds were credited to your bank account. This helps match actual inflows with expected payments.
The second is the Settlement Transactions report. It breaks down individual transactions, such as card payments, wallet funding, or loan repayments, that make up each settlement. With this, you can trace every kobo from source to final settlement.
Both reports allow you to filter by date range and download the results using the download icon at the bottom right of each report. Together, they give you full visibility into your financial operations, making reconciliation and reporting faster and more reliable.
Also read: Open banking in Africa: Continental progress made as of 2025 – Lendsqr