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Re: How Clickbank Paycheck Works

Discussion in 'Clickbank' started by brainmoody, May 31, 2012.

  1. brainmoody

    brainmoody Newbie

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    Location:
    Bayshore, USA
    I need help in understanding how clickbank PAYCHECK system works.

    1. Balance Forward
    2. Credits
    3. Debits
    4. Release
    5. Allowance
    6. Payment Net Balance
    Thanks in advance
     
  2. terryjacobscom

    terryjacobscom Newbie

    Joined:
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    Balance Forward - I believe this is if you're sales don't tally up to the minimum payment amount (i.e $30 when you need $50 for a cheque). This is simply carried forward to the next two week cycle.
    Credits - The sales you've made in the last two weeks brought forward and added to your balance forward.
    Debits - Sales you have made that have resulted in a refund and therefore not brought forward to the next payment round.
    Release - The money which Clickbank holds in "allowance" has now been released and can be paid in full.
    Allowance - An amount Clickbank decides to keep back in case of refunds, this will be paid at a later date via the release function.
    Payment Net Balance - The amount of money that will actually be on the cheque or deposited into your account.

    For example -

    Balance forward - $25
    Credits - $100
    Debits - -$5
    Release - $10
    Allowance - -$10
    Payment net balance = $25+$100-$5+$10-$10= $130 sent to you.
     
    • Thanks Thanks x 2
    Last edited: Jun 1, 2012