As sales of your product accumulate you build up a balance on Paddle which is then paid out when it reaches a threshold (read more about that here).
Alongside this payout process, you are provided with a series of documents that help you understand what revenue you made, what fees you incurred and so on. Below are the different types of documents and how you access them.
You will receive a copy of each of the following documents per payout currency you have enabled (not the currencies you sell in, but those you receive your payout in). This includes a Statement, one or more Reverse Invoices, and a Remittance Advice document:
Your Paddle statement is always sent monthly, separate from any payouts and supporting documentation. This means that if you don’t receive any payout because you haven’t met the (threshold), you will still receive a statement. This outlines some of your core financial data regarding your Paddle account, including:
A ‘Reverse Invoice’ is a document we automatically generate and provide you with, that acts as an invoice from you to Paddle for the amount of your payout. You will receive one or two of these invoices depending on the territories your products are sold into. That’s a lot easier for accounting purposes than dealing with thousands of receipts and invoices! Each month whenever you receive a payout you will be sent on or both of the following:
The remittance advice document displays the amount paid out across both of the above ‘reverse invoices’, so you have a single document that clearly confirms the total amount paid out.
If you only have revenue from either the US or the ROW, and therefore only receive one of the ‘reverse invoices’, you still receive this admittance advice document.
All of these documents will be emailed to you each month, when you meet the payout thresholds to qualify for them. Emails will be sent to the Admin users on your account, and will require you to login to access the documents, to ensure security.
For users who can access the payouts area - Admins and Finance roles in your Team - you can also access that area of the dashboard to download your documents.
For accounting purposes and corporation tax purposes (not sales tax; Paddle has that covered) you might need to export transaction level data to see the Paddle fee on each payment, and the end customer details. This can be accessed through the Reports section, in the ‘Transactions’ report.