Payout Summary Report

Managing your club's finances has never been more convenient, thanks to the new Payout Summary Report. This tool is designed to make your financial administration smoother by offering clear, transparent insights into your weekly payments. It also helps you compare monthly payouts with your commission invoices, making it easy to review your accounts and payments.

🟢 Note: This report is available only for clubs using the New Business Model.

How to Access the Payout Summary Report

1. Go to the Payments menu and click on the Payouts tab.
2. Find the report date you wish to download (reports are listed from the most recent to the oldest).
3. Click on Summary (PDF) to download your report.

A new report will be available every 7 days, in line with your payment schedule.

What’s in the Payout Summary Report?

• Summary Table: This provides details such as the total transaction amounts, Playtomic service fees, VAT, total fees (including VAT), and the final amount transferred after deductions.
• Monthly Distribution Table: This separates transactions by month, helping you reconcile payouts that span across two different months. If the payout is for one month only, you'll see a single row.
• Bank Statement Descriptor: A breakdown of how the payment will appear in your bank account.
• Monthly Totals: This section sums up all your payouts for the month, offering a clear view of your turnover, fees, and transferred amounts. It’s a useful feature to cross-check with your Playtomic service fee invoices.

Key Benefits of the Payout Summary Report

The Payout Summary Report gives you a detailed overview of your weekly payments and makes monthly reconciliation with commission invoices simpler than ever. With a new report generated every 7 days, you’ll have easy access to vital financial data, helping you manage your club’s finances effectively.

💬 Need Help?

If you have any questions or need further assistance, don't worry! 😊 You can always contact us through the live chat. We're here to help!