I need help in understanding how clickbank PAYCHECK system works. Balance Forward Credits Debits Release Allowance Payment Net Balance Thanks in advance
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.
