TUNE Pay follows a monthly billing cycle with Net 30 terms.
Please note that this will be different if you are using the Self-Serve mode of TUNE Pay.
The default timeline is as follows (some dates can be customized):
-1st of the Month: Partner invoices will be automatically generated which include conversions for the previous month (e.g. On January 1st, an invoice will be generated for the partner’s December payouts). The date can be customized in the Account Settings section.
-1st~14th of the Month: The period provided to review and approve invoices.
-15th of the Month: Advertiser Statement (Consolidated Invoice) will be generated. This date can be customized. To change this date, please reach out to your account representative.
-6 Business Days after the 15th: Payment for consolidated invoice due
-Last Business Day of the Month: TUNE will distribute payments to partners
There are certain factors that can affect these dates.
- The partner must have submitted a valid Direct Bank Transfer payment method for their invoice to generate on the 1st.
- The partner must have approved tax information before they can be included in an Advertiser Statement (Consolidated Invoice) on the 15th.
- TUNE must receive payment for the consolidated invoice by the deadline for payments to go out at the end of the month. If payment is not received in time, the invoices will be rolled over into the following billing cycle and be paid out on the last business day of the following month.