Re: How Clickbank Paycheck Works

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

 

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.