#sandy.nozaki

1 messages · Page 1 of 1 (latest)

worthy phoenixBOT
serene oxide
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last time i checked the person said he assigned a reverse_transfer to a transfer that occurred a year ago

scarlet heron
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hello! i'm not aware of any time limit for that so it should be possible, i'd just try it out

serene oxide
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cna you check if i can assign it to a transfer_id that occurred 3 years ago?

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do you think you can try it out

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and let me know im not a developer

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hellol?

scarlet heron
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i don't think i have any transfers on hand that go up to 3 years back, but i'll take a quick look

serene oxide
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thank you so much

scarlet heron
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i was able to reverse a transfer that occurred more than 3 years back, so there's no time limit for it

serene oxide
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thank you

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when you say more than 3 years, how much more?

scarlet heron
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it was slightly more than 3 years. But as i mentioned, there's no time limit

serene oxide
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ok thank you

scarlet heron
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i understand account debit is used to collet funds from connected accounts; products, services, recover funds for a previous refund, to make adjustments but ultimately cant we just use reverse_transfer instead?

You can use reverse_transfer if you want. Sometimes you may want to reverse more than the transfer or for accounting purposes - explicitly charge the user for some service you provide

serene oxide
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found it

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true...

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but i mean we can still create multiple reverse_transfers...right?

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i guess the sole purpose is for accounting?

scarlet heron
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sure, you can go ahead and create multiple reverse_transfers - but what if the the user only has $40 worth of transfers and you need to debit them for $50?

serene oxide
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well we would have connected reserves on

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i mean that would be the same thing for account debit cos theyll first try to deduct from the connected account so if the balance is not insufficient then ultimately itll be the same thing

scarlet heron
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how is it the same?

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you can only reverse transfers up to the max amount of the transfer

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so if you have $40 of transfers

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you can't reverse $50

serene oxide
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yeah but you can create another reverse_transfer for the remainder

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assign it to another transfer_id

scarlet heron
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that's assuming the connected account makes another transaction, and you transfer more money to them

serene oxide
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yeah

scarlet heron
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it's a viable alternative if that's what you prefer, although implementation for it is going to take quite a bit of effort

serene oxide
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yeah i understand assigning it to multiple transfers will be a lot of effort

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but i think if the connected account has no balance the accoutn debit essentially will be the same cos itll place a reserve on platform and then autodebit

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which is the same if we reverse_transfer if they have no funds the rest is the same; negative balance, reserve, autodebit, 180days release reserve to connected account to zero out

scarlet heron
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alright, like i mentioned, it's really up to you

serene oxide
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so just to confirm its really for accounting purposes, to track easily?

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and for less development

scarlet heron
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those are just some examples - users can have other reasons to use account debits (maybe some that I haven't thought of yet). Test both out and see what works best for you