Features
A 3-step guided workflow that helps finance teams reconcile payment costs, explain what changed, and export an audit-ready close pack — without touching a spreadsheet.
Monthly Close is a structured close workflow designed for finance teams and accountants who need to reconcile Stripe payment costs at the end of each month. It produces a signed-off "close pack" — a document containing verified totals, month-over-month driver explanations, and exported data — suitable for audit documentation.
Who uses Monthly Close
Finance teams closing the monthly P&L for payment costs.
Controllers reconciling Stripe payouts against internal ledgers.
Accountants documenting payment fee expenses for auditors.
Founders reviewing what changed month-over-month before board reporting.
Reconcile
LeakGuard compares its computed totals against your Stripe payouts for the selected month:
Gross Volume
LeakGuard total vs. Stripe Balance Transactions total — must match within 1%.
Total Fees
LeakGuard fee aggregate vs. Stripe recorded fees — reconciliation tolerance: 1%.
Net Revenue
Computed net vs. your Stripe payout amount — accounting for timing differences.
Variances above 1% are flagged with a warning. You can add a manual reconciliation note to explain known adjustments (see below).
Understand
LeakGuard auto-generates a driver narrative explaining what changed month-over-month:
Which cost driver changed the most (volume mix, refund rate, dispute rate, fee rate).
Whether the change was driven by volume growth or a rate increase.
Top segments contributing to the change (by country, payment method, or product).
Document
Generate a close pack with your verified data and notes:
Formatted report with summary page, driver explanation, and appendix. Each export is stamped with a UUID, timestamp, and data source metadata.
Structured data file with all reconciliation fields, daily aggregates, and breakdown rows. Use for spreadsheet workflows or data warehouse imports.
Export history: Pro and Business accounts can re-download past close packs from the export history panel — useful for audits or if the original download was lost.
Sometimes LeakGuard's computed totals will differ from your Stripe payouts due to legitimate timing differences. You can add adjustments to document these:
Off-balance-sheet fees
Fees charged outside of balance transactions (e.g., Stripe billing platform fees, Connect fees) that appear in your payout but not in LeakGuard's aggregate.
Manual credits
One-time credits applied by Stripe support that offset fees. Document these in the adjustment note field so auditors understand the variance.
Currency timing differences
Exchange rate fluctuations between transaction date and settlement date can create small variances in multi-currency accounts. LeakGuard's 1% tolerance covers most of these.