Abstract: Methods and systems for providing smart gross management of repairs and exceptions for payment processing are presented. In some embodiments, a computing device may receive data regarding a plurality of payment transactions involving a client account of a financial institution. Subsequently, the computing device may identify one or more rejected and/or otherwise defective transactions in the plurality of transactions. After identifying such rejected transactions, the computing device may create an account entry for an amount corresponding to the plurality of transactions. Notably, such an account entry may be created, and a corresponding debit or credit may be made, prior to initiating repairs for the rejected transactions. After creating the account entry, the computing device may initiate repairs for the rejected transactions. The computing device also may send a notification indicating that the amount corresponding to the plurality of transactions has been debited or credited to the client account.