A Statement of Remittance is a comprehensive summary of all sales transactions from the previous month. At the start of each month, the Account Owner automatically receives this statement via email in PDF format. It includes detailed information about sales, taxes charged, transaction fees (such as credit card or returned payment fees), net income for the month, the amount transferred to your corporate bank account, and the reserve balance.
Although the report is emailed to the Account Owner each month, historical Statements of Remittance can also be viewed and downloaded anytime by navigating to Administration > Reports > Statement of Remittance.
Please note that the Statement of Remittance is available only on systems with eCommerce enabled. If eCommerce is not currently enabled on your system and you wish to sell courses, feel free to reach out to us through our Help Desk for assistance.
