We send out payout reports to you whenever we settle a payout into your bank account. They are a great way for you to keep track of all your sales so your all your accounting becomes a piece of cake.
Learn how to get a missing payout report or invoice here.
Information on Payout Reports
Think of your daily payout report as a single flower and your monthly payout report as a bunch of flowers bundled together into a bouquet.
Daily Payout Report
On a Daily Payout Report you will find all transactions that were included in the settlement that was paid out into your bank account earlier that day. Please note, that this doesn’t mean the money will be available on your bank account immediately. Depending on your bank and day of the week it might take 1-3 business days (2-3 business days for Ireland and Malta) for the money to arrive in your bank account.
Every daily payout has a Payout ID (PID) that looks like this:
If you can’t find your Payout Report in your inbox you can search for the subject of the email (type “Daily Payout Report” or “Monthly Payout Report”). Please also check your SPAM folder.
Monthly Payout Report
On a Monthly Payout Report you will find every single daily payout that was transferred into your bank account during the previous month. Your monthly report is a summary of all your payouts.
It shows you exactly how much money was transferred into your bank account during the previous month.
You can use this report for accounting as it also has an overview of all transactions that were included in every daily payout during the previous month.
Please note that only settlements that were actually paid out in the previous month are included in the payout report. This is not an overview of all your sales.
For example, it could happen that you transact a payment on the 29th of May. This transaction will not be paid out during May but June instead. For that reason it won’t be included in your monthly payout for the month of May.
To find an overview of all your sales, please visit your SumUp Account at sumup.me.
You receive a monthly payout report at the beginning of the following month.
Along with every Monthly Payout Report we also send you an invoice detailing the total transaction fees for that period.
As a provider of mobile point-of-sale products and related services, SumUp is not responsible for your fiscal compliance and will not interact with tax authorities to provide them with merchant fiscal transaction data. You can learn more about fiscal compliance here.