Settlements

                                                        Settlement Accounts

How to Navigate and Manage Multiple Settlement Accounts Over Your Business

This article will teach you how to navigate the new Settlement Accounts features in the Admin Panel. Settlement accounts are what allow your business to receive payouts from Quivers.

These updates have replaced the previous set-up under the Settings -> Accounting and Settings -> Bank Accounts sections in the Quivers Admin Panel. Bank account details, contact information, and settlement verification is now in one central location under "Payouts" on the left-hand Quivers menu. 

How to Navigate Settlement Accounts

First, you will notice a new tab labelled "Payouts" on the left sidebar on the admin panel. By selecting "Payouts" you will be redirected to a new page that will list the Stripe or Paylution accounts you have created. 

How to Use Settlement Accounts

1. Navigate to the left sidebar on the Admin Panel. Click on Settlements -> Payouts
2. Look to any settlement account and click on Edit located in the bottom right.

3. Once loaded, you will notice that your settlement account details are listed. 

The large number posted on the top of the page is your current balance to be paid upon the upcoming settlement period. This number will fluctuate depending on what orders are currently shipped and will update until the period closes.

You can select to view reports in the bottom left, which will bring you to the Reports -> Settlements page in the admin panel. Additionally, there will be listings of your recent settlements and a small button next to each labeled Reports. When clicked on, this button will redirect you to the Reports -> Settlements page in the admin panel.