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How is the Pending balance calculated?

Your __Pending balance contains incoming funds for payments that are yet to clear, minus any refunds, chargebacks, and fees.

You can check an entity's Pending balance in your Balance Report, using the Opening Pending Balance and Closing Pending Balance fields. 

You can also check when a specific payment was requested and when it entered your Pending balance in your Financial Actions by Date Range Report, using the Requested On and Processed On fields.

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