What is a Net Settlement Amount and how is it calculated?

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• In the Settlements list view, why are there different colours for the “Net Payable Amount”?

  In the Settlements List View, the polarity of the Net Amount is indicated by color-coding: Green for Positive and Red for Negative.

• What happens after the CPO Rejects or Approves on a settlement report?

  If Rejected: The user is sent back to the Pending Approval tab. The rejected report is also sent to the Pending Approval tab. For Enterprise, the report status becomes Rejected and moves from the Settlement Reports tab back to Pending Approval. If ...

• Can settlement reports be exported?

  Yes. Settlement reports can be exported to your device for accounting.

• Are settlement reports created manually or automatically?

  All settlements are autogenerated by the system based on the frequency chosen during contract creation. On the first of each month, a Draft settlement report is created automatically.

• Why am I unable to find a particular settlement report?

  If you are unable to find a settlement report which you are looking for, please check that the report caters to the following Settlement Rules in the system: Minimum settlement period: 1 day. Maximum settlement period: 1 year. There must be at least ...