Your payout term decides when Tolt turns approved commissions into payouts. Payouts cover the approved commissions from one month and are created a set number of days after that month ends, so refunds have time to come in first.
Term | Payouts for September commissions are created |
NET-15 | 15 days after September ends, around October 15 |
NET-30 | 30 days after September ends, around October 30 |
NET-60 | 60 days after September ends, around November 29 |
None | Tolt doesn't create payouts. You generate them yourself. |
Change the payout term
Go to Program settings › Payouts.
Under Schedule, next to Payout terms, choose NET-15, NET-30, NET-60 or None.
The change saves straight away. The timeline at the top of the Schedule card shows when the current month's commissions will become payouts.
Good to know
A longer term gives refunds more time to come in before you pay partners. Many programs match it to their refund window.
To pay before the next payout date, see Generate payouts manually.