Payout terms determine when your affiliates will receive their earnings based on your program’s configuration. You can select from NET-15, NET-30, or NET-60, meaning payouts will be generated 15, 30, or 60 days after the end of the month in which the commissions were earned.
Here’s how each term works:
NET-15 Example: If set to NET-15, payouts for commissions earned in September will be generated on October 15th.
NET-30 Example: With NET-30, payouts for September commissions will be generated on October 30th.
NET-60 Example: If you choose NET-60, payouts for September commissions will be generated on November 30th.
To set or update your payout terms:
Navigate to the Tolt Dashboard.
Go to Program Settings.
Select General Settings.
Under Payout Details, update your desired payout term (NET-15, NET-30, or NET-60).
Save your changes.
This configuration ensures affiliates are paid based on the selected schedule, simplifying your program's payout process.
