Schedule Recurring Payouts

When the tab unlocks

On Payouts, Recurring Payouts stays locked until VendorPayout has recorded one successful PayPal payout. The lock tooltip says: Available after your first successful PayPal Payout transaction. Connect PayPal and complete one payout first. See Add Your PayPal Account.

Create a schedule

1. Open Payouts, then Recurring Payouts.
2. Click Create recurring payout. If you have none yet, the empty state says Create your first settings now.
3. The heading is Create new recurring payout. Choose Select a Vendor.
4. Under Pay Period, choose Quarterly, Monthly on the 1st, Monthly on the 17th, Weekly, or Daily.
5. Under Grace Period, choose None or the wait that matches that period (7 days for weekly, 30 days for monthly, 90 days for quarterly). The grace period gives you time to handle refunds before the run.
6. Under Vendor's PayPal Profile, set PayPal Currency and PayPal Account (email or US Venmo number).
7. Under Moderation, choose Auto Approve, Auto Approve up to an Amount, or Approval Required. Enter Notify this person for approval when a person must approve.
8. Click Submit.

What each run does

On a statement-led store, the run builds a draft payout statement from that vendor's unpaid sales. If there are no unpaid sales, nothing is created.

• Auto Approve, or an amount at or below your threshold: VendorPayout pays the draft with PayPal and marks it paid.
• Approval Required, or an amount above the threshold: the draft waits. You get an email, and it is listed under Payouts and Recurring Payouts. Open it and settle it. See Create a Payout Statement.

Click the vendor name on the recurring list to edit it. On the edit page, Remove deletes that schedule.