Automated Invoice Commission Payout (Recommended)
If you can see the Invoices section under the Earnings tab, the invoices are auto-generated and displayed under the Earnings → Invoices section. The invoices are auto-generated on the 3rd of every month. You just have to verify and approve the invoice to receive the commission. The automated process provides better visibility towards commissions earned, faster payouts and reduce the manual effort that is required in the manual invoice generation process. Know more about invoices.Steps
The Automatic Invoice Commission generation process has the following steps:1
The auto-generated commission invoice is available on the 3rd day o...
The auto-generated commission invoice is available on the 3rd day of every month under the Earnings → Invoices tab. The PDF file includes transactions happening from 1st to last day of the previous month. The status of the Commission Invoice is Issued.
2
Click the **Invoice ID** to open a side panel with that specific in...
Click the Invoice ID to open a side panel with that specific invoice’s details. To process the invoice, click the Process Invoice button.
3
A pop-up is displayed to confirm if you want to process the invoice...
A pop-up is displayed to confirm if you want to process the invoice. Click Yes, Process. The commission balance is settled automatically.
4
After the commission payment process is successfully initiated, an...
After the commission payment process is successfully initiated, an email is triggered with an attached invoice to your registered email address and concerned Razorpay teams for reference, compliance and tax purposes. The invoice status at this stage is Under Review.
5
Razorpay team validates the commission amount data. After performin...
Razorpay team validates the commission amount data. After performing the necessary verification, the team approves or reaches out to you seeking clarifications.
- If the commission amount data is consistent, the Razorpay team processes the invoice and the commission is paid to your registered bank account. After the payout is complete, the status of the invoice changes to Processed. An email is sent notifying that the Commission Payout Invoice is processed. You will receive the commission balance in the next settlement cycle.
- If the commission amount data is inconsistent, the Razorpay team reaches out to you via email for further clarifications.
Handy Tips
- Invoices are generated for a particular month only if the monthly commission is greater than 1.
- Invoice is generated if there is any commission balance for the previous month.
- For issues related to Commission Invoices, contact our Support team, with a copy of the invoice.
Commission Payout States
During the Auto Payment Commission process, the Commission Payout can go through the below states:Issued
: The commission payout is in the issued state after the invoice file is auto-generated on the third day of every month.
Under Review
: When the invoice is generated and commission payout is initiated, the Razorpay team validates the commission amount data. The commission payout is in the under review state.
Processed
: The commission payout is in the processed state after the Razorpay team processes the invoice and pays out the commission to your registered bank account.
Manual Invoice Commission Payout
If you cannot see the Invoices section, you need to manually send invoices to process your partnership commission. After the customer completes the payment, Razorpay receives the amount. This reflects in the Daily Earnings and Per Transactions Earnings reports. Know more about commission reports.Steps
The Manual Invoice Commission Payout process has the following steps:1
On the first day of the next month, calculate the commission amount...
On the first day of the next month, calculate the commission amount receivable for the month and create an invoice. For example, on September 1, 2020, create an invoice for the commission receivable for August. You can obtain these details from the commission reports.
2
Raise a [Support Request](https://razorpay.com/support/#request) fr...
Raise a Support Request from the Dashboard and share the invoice copy. Watch this video to raise a request from your Dashboard.
3
After we receive the invoice, we will process it and settle the amo...
After we receive the invoice, we will process it and settle the amount within 1-2 weeks to your bank account.