The Financials tab provides clarity into your payout history. Here you will be able to easily view the total amount that has been deposited into your connected bank account along with any future payouts that you are expected to receive depending on your payout schedule. More importantly, you are able to reconcile each specific deposit your brand has received from Way.
Let's take a closer look into all of the aspects of the Financials tab.
The Payouts and Commissions tabs within the Financials view provide you with a breakdown and insight into these. Let's take a closer look into each below.
Viewing payouts
The Payouts tab (default tab within the Financials section) is a great way to view all of the deposits you have received.
The Future payouts data point will display the amount of funds you have queued up for future experiences you are hosting.
Payout filters
You can filter based on payout date and payout status. Interact with the filters in the top right to find the payout that interests you!
Breaking down a specific deposit
Clicking into a specific payout row will open a sheet which outlines all of the commissions that make up that deposit.
Viewing individual commissions
The Commissions tab within the Financials section of your dashboard will provide a table of all your commissions associated with this brand.
This will allow you to keep track and view all of the commissions that have been paid and that are also scheduled to be paid/released for future bookings.
Breaking down the different commission statuses
There are a variety of statuses that a specific commission could be in.
Status | Definition |
Paid | Funds have been deposited into your bank account. |
In Transit | Funds have been released and currently are in-transit to your bank account. |
Scheduled | Funds are scheduled to be released to your account on a future date. |
Cancelled | The originally queued up commission was cancelled. This is primarily due to refunds. |
Reverse | A commission that was already paid out was reversed and withdrawn from your account. This would occur if the guest was refunded after the experience took place. |
Financial key metrics
Three data points are presented at the top of the Financials tab.
Bank status: The status of the property bank account connected
Total earned: The total amount of funds that have been deposited into your bank account.
Future payouts: The total amount of funds for bookings that have been made but have not been deposited into your bank account quite yet.
I have already hosted experiences but I haven't connected my bank account yet. Will I still get paid?
I have already hosted experiences but I haven't connected my bank account yet. Will I still get paid?
Any owed commissions will be released to your bank account when your bank account is connected.
Way will also send you an email notification with a reminder to connect your bank account
When do I get paid as a Base partner?
When do I get paid as a Base partner?
View our guide here!