What is a settlement?
A settlement is the run that turns reconciled claims and accruals into a paid partner balance. Here's what settlement means in ClaimDS and why settlements are reversed, never deleted.
A settlement is the run that turns reconciled claims and accrued rebates into a paid partner balance. It's the moment the obligation that's been building all period — agreement by agreement, claim by claim — actually becomes money that moves.
What it means
By the time you settle, the hard work is done: the agreement defined the terms, the engine accrued what was owed, and reconciliation matched claims to credit notes. Settlement computes the final figure from all of that, you review it, and the payout is recorded. You're approving a calculated number, not entering one.
The settlement lifecycle
A settlement run moves through clear states — in-flight while it's being worked, committed and paid once it's done, and reversible or reversed if it has to be unwound. The ClaimDS settlement console is cross-agreement, so you see the whole position in one place rather than settling partner by partner.
Why settlements are reversed, not deleted
If a settlement was wrong, ClaimDS reverses it — booking an explicit entry — rather than letting you delete it. The original and its reversal both stay in the audit trail, so the history of what you paid and unwound is always complete. That's a deliberate financial-integrity choice, not a limitation.
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