Initiating A Payout In SimpleRaise
Table of Contents
Set Up Your Preferred Payout Method
Automatic Credit Entries for CutTime Connected Users
To initiate a payout to your organization, go to the Transactions Page > Payouts tab located at the top of your dashboard.
Set Up Your Preferred Payout Method
If you haven’t yet set up your preferred payout method, you will see an option to enter your organization’s ACH information.
Once your payment method has been set up click "Request Payout" to initiate the payout.
The app currently allows eligible organizations to request a payout approximately once every seven days.
Additionally, you have the option to enable automatic payouts by toggling the feature on.
If automatic payouts are available and enabled, the app currently schedules them around the 12th of each month. Actual availability and deposit timing may vary because of Stripe processing, banking schedules, verification, refunds, disputes, fraud review, legal requirements, or missing information.
Reviewing Your Payout History
You can review your payout history and check the status of your payouts at any time by navigating to the Payouts tab in your fundraiser dashboard. Payouts are organized by the date they were requested.
Select "View" to see the individual transactions included in each payout deposited to your account.
Export the transactions included in each payout by selecting "Export Transactions" at the top right side of your screen.
This export includes data captured from your Custom Checkout Fields at the time of purchase.
Automatic Credit Entries for CutTime Connected Users
If your account is connected to CutTime, SimpleRaise will automatically add the funds you raise to your program’s Financial Dashboard. From there, the money will go either to each student’s account or to your program’s Angel Fund, depending on the the fundraising goal type and goal amounts you set.
Once the payout is marked as Paid, the transactions will appear in your CutTime account.