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Setting payout order and starting a MiKashBoks Digital Osusu group

How to set Payout order and start a MiKashBoks Digital Osusu group

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Written by Bruce Martinez
Updated over 2 years ago

After you have created your Digital Osusu and added the members, next you will set the payout order and start transacting.

If you are converting an existing group that is already transacting you must capture the exact order within the app to avoid someone being paid twice.

You will do this by setting the order exactly as it currently exists and then setting the next person to receive a payout.

In the example below you will set the order matching the current group and then set Adam as the first person to receive a payout. The app will advance to his turn and then end the cycle after the last person, in this case, Matt, receives his payout.

Round

Existing Order

Status

MKB Order

Round One

Abe

Paid

Abe

Round Two

Sally

Paid

Sally

Round Three

James

Paid

James

Round Four

Steve

Paid

Steve

Round Five

Cecily

Paid

Cecily

Round Six

Adam

Waiting

Adam

Round Seven

Katie

Waiting

Katie

Round Eight

Mo

Waiting

Mo

Round Nine

Fatmata

Waiting

Fatmata

Round Ten

Matt

Waiting

Matt

  1. Click on the green circle

2. Click on either Set Payout Order or Start Transacting

3. Confirm the date of the first round

4. Set the pay-out order by dragging the names up and down - note they will be in slight motion

5. Click Confirm Payout order when finished

6. If your group is mid-cycle, confirm that the first person to receive a payout on MiKashBoks is also the next person in the payout order of your existing group

If this does not apply to you, just continue and the payouts will proceed in the order set

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