Payout Periods

Article Topics: NATS Admin, Payments

Payout Periods in NATS allow you to set payouts based on when NATS will build payments. During the setup of payout periods, delays can be implemented so payouts will not be stored until the set number of intervals after the payout is built.

The Payout Periods section of nats provides a table that displays all of your current Payout Periods. By Default, NATS sets a payout Period of "Twice a Month" set to "Every 1st and 16th of the month," which will build the payment every 1st and 16th of the month.

Information for each Payout Period includes:

Payout Details

• Payout Period Description: This is the blue description defining the actual Payout Period. Clicking on it will bring you to the Payout Period Overview.

• Period ID: The ID of the Payout Period

• Default /Red Checkmark: The red check-mark next to a Payout Period description means that the Payout Period is the default for all new affiliate

Configuration

This describes the specific period configuration of the Payout Period, such as the specific dates that the Payout Period is set to and how often the period is.

Projections

Projection and projection padding are used to estimate in advance the total amount that you will have to pay to your affiliates (i.e. may be helpful to make sure you have enough funds on hand to pay all of your affiliates when their payments are built).

Payment Delay

The number of periods that payments are delayed for affiliates using this Payout Period.

Filtering Payout Periods

To filter the Payout Periods, click the "Filter" action button at the top-right of the page.

Here you can choose between hiding deleted Payout Periods or showing all. You can further filter your Payout Periods by Affiliate and/or an Affiliate ID.

Adding a Payout Period

To add a Payout Period, click the "Add Period" button at the top-right of the Payout Period page. You will then be redirected to the "Add Payout Period" page.

The required fields to fill in are the Payout Period's description, whether it will be enabled for all affiliates or only some affiliates, and how often the period is. You can also fill in the periods to delay a payout, a positive payout, or a negative payout.

Deleting a Payout Period

To delete a Payout Period, click on the "Actions" button next to the desired period and click "Delete Payout Period". Doing so will mark the period as "Deleted", and if filtered to show deleted period, will display a tag next to its description indicating that it was deleted.

Please Note: If a Payout Period is a default, you cannot delete it. You would have to make another Payout Period the default and then delete the initial period.

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