Monthly commission statements

Build a per-partner Excel/CSV statement with tax details (PAN / ABN+GST / US tax ID), GST and TDS worked out — the clean hand-off to your CA.

A monthly commission statement is the clean hand-off to your accountant — everything they need to pay each partner correctly and apply the right tax treatment. Finocket computes it; your CA executes the payout.

Build a statement

On Partners → Statements, pick a period (YYYY-MM) and build a draft. The total is the sum of what the ledger says is payable, and the statement reconciles to the ledger before anyone can finalize it.

What each row carries

Partner name, currency, accrued, on-hold and payable amounts.
Tax details on file — PAN (India), ABN + GST flag (Australia) or US tax ID — or a clear MISSING flag so your CA can chase them.
GST where the partner is registered (Australia), and an India TDS-194H annotation.

Hand it to your CA

Download the statement as Excel or CSV — numbers stay numeric in the Excel file so formulas work. Finalize a reconciled draft to lock the period, then mark it paid with your CA's payment reference; that records the payout in the ledger without Finocket ever moving money.