Video Script
On your statements page, you can see the data used to calculate your payouts each month, and you can change that data to previous months using this dropdown here. Because we know that accounting is done on a monthly basis, we have payouts at Rivly that occur on the 1st and 16th of every month. This way there are no sales time periods that span the end of 1 month and the beginning of the next that make accurate accounting more difficult.
Your statements are broken down to various line items based on whether that line item represents an income or an expense for your seller account. Payouts that are made to your bank account on file are listed here, and a pending amount is reserved to cover any returns that may occur. This pending amount will be a higher percentage in new accounts, but as your account matures and more data is obtained, your pending funds percentage will gradually migrate closer to your average return rate so Rivly is only holding the bare minimum necessary to cover your returns while paying you out the rest.