Check out our video for a quick understanding.
đ° What is a settlement?
A settlement is the amount we transfer to your account after weâve processed your sales, applied any fees or adjustments (like refunds, chargebacks, and subscriptions), and handled any outstanding debits.
Youâll see a line for each settlement date showing exactly what contributed to the final amount paid out â or why nothing was paid if thatâs the case.
đ Can I see what makes up each amount?
Yes â just click on any row in the Settlements table to open the Settlement Details. Youâll get a full breakdown of:
Each type of debit or charge
The transactions included in your sales
The time range the settlement covers
Any carried-over balance from a previous day
You also can view the details of each dayâs settlement by opening the PDF attachment in your daily settlement email, or by downloading it from the Kody Universe.
đ What affects my settlement amount?
Several factors go into your final payout:
Sales: The total sales youâve made that day.
Refunds: Any customer refunds will be deducted.
Debits: This includes things like chargebacks, fees, or subscription charges.
Credits: If youâve received any credits (e.g. rebate), theyâll appear here.
Outstanding debits: If you owe more than youâve earned, that amount is carried forward to your next settlement.
â ď¸ What happens if I donât have enough to cover my debits?
If your total sales minus refunds and debits is less than ÂŁ0, your settlement amount will be shown as ÂŁ0.00 and no funds will be paid out on that day. The unpaid balance will be listed under Outstanding Debits, and weâll carry that over to your next settlement.
Youâll also see a clear message explaining this directly in the Settlement Details panel.
â When do I get paid?
Once all required debits are covered, weâll automatically process your payout. This happens immediately â no need to take action. If you had a carried-over amount from a previous day, itâll be added to your next successful settlement.