# Settlement
Merchant has a (T) settlement period and start time of (T). The (T) will be configured by NeoX.
**Conditions:** merchant has at least one successful reconciliation in the settlement period.
Ex: the (T) is 3 days and start time is 10th October. All successful reconciliations are from 10th October - 13th October, they will be settled on 13th October.
**Settlement Process:**
* The reconciliations' status will be changed to "**Paid".**
* The collection account will be plus the reconciliations' amount
* The total collection amount will be minus from the reconciliations' amount
To check the reconciliations have **"Paid"** status, **choose Collection service**, then choose **Reconciliation report.**
To check the Collection account, **choose Collection service**, then choose **Collection account.**
To create a withdrawal money request, click on the "**WITHDRAW MONEY**" button, then fill in all the information on the withdrawal request popup, and click on "**WITHDRAW**" button.
