Each payout cycle, Tolt bills you for your partners' payouts with one invoice. You get a few days to check it and remove payouts that shouldn't be paid yet, then you confirm it.
Available on Growth and higher plans.
How invoices are created
Tolt follows your payout term: NET-15, NET-30 or NET-60, or a custom payout date agreed with our team. Five days before the payout date, Tolt creates a draft invoice with the payouts due and emails it to the billing email in your auto-payouts settings.
For example, if your payout date is the 30th, the draft arrives on the 25th and you have until the 30th to review it. If you don't confirm it, Tolt confirms it automatically on the payout date.
Until the draft is created, the Collecting period card on Payouts shows an estimate of your next invoice, the commission period being collected and the date the invoice will be created. The estimate changes as new commissions come in.
Review and confirm a draft invoice
Go to Payouts and open the Invoices tab.
Open the invoice with the status Draft.
Check the totals, the Amount breakdown and the payouts under Linked payouts.
To leave a payout out of this invoice, click the bin icon next to it. The total updates.
Click Confirm invoice.
The invoice moves to Pending payment and can't be edited anymore.
Invoice statuses
Status | Description |
Draft | The invoice is in its review period. You can remove payouts before you confirm it. |
Pending payment | The invoice is confirmed and waiting for your payment. |
Paid | Tolt has received your payment and pays your partners. |
Good to know
The top of the Invoices tab shows your Outstanding balance, total invoiced and total paid.
A payout you remove from a draft isn't lost. To see where it stands, see Payout statuses.
To pay invoices automatically by card, see Choose how you pay auto-payout invoices.