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Commission statements

A monthly partner payout your CA can actually run

Per-partner Excel or CSV statements with PAN / GST / TDS worked out: the file your accountant executes the payment and tax from. Finocket never moves the money.

What it solves

Knowing what each partner earned is only half the job. Someone still has to pay them and get the tax right. Instead of handing your CA a raw ledger, Finocket builds a clean monthly statement per partner with tax details on file and GST and TDS already computed, so the payout is a task, not a reconstruction.

How we're different

Finocket never moves money. It gets the numbers right and hands them off. Each statement snapshots the append-only ledger and carries the partner's tax details (PAN / ABN+GST / US tax ID) or a clear MISSING flag, with GST and India TDS-194H worked out, so your accountant executes a payout instead of chasing paperwork.

Commission statements in Finocket: monthly drafts and finalised statements with their totals
Finocket dashboard showing earnings, spend and outstanding at a glance
What it does

Inside Commission statements

01

Per-partner monthly statement

Build a statement per partner as Excel or CSV covering the month's accruals, holds, releases and bonuses: the exact figures your CA needs to pay and file.
Commission statements in Finocket: monthly drafts and finalised statements with their totals
02

GST and TDS worked out

Tax details on file (PAN / ABN+GST / US tax ID) or a clear MISSING flag, with GST and India TDS-194H computed on the statement, so nothing has to be recalculated by hand.
Finocket dashboard showing earnings, spend and outstanding at a glance
03

Docs on file

Partners upload their PAN / W-9 / ABN declaration from their portal into a private vault, and each statement shows a docs-on-file chip per partner so you know who's payment-ready.

Commission statements

Docs on file

04

Mark-paid records reality

Your accountant executes the payout and the tax outside Finocket; marking a statement paid simply records what already happened, keeping the ledger honest without ever executing a payment.

Commission statements

Mark-paid records reality

05

Built and emailed on a schedule, once

Statements can be produced and emailed monthly without anyone remembering to make them. A statement is claimed atomically before it sends, so it can never go out twice for a period, and the log records the honest outcome per partner: sent to this address, blocked by the consent chokepoint, or skipped because no sending email is connected or no accountant is on file. Delivery is audit metadata: it never advances the statement's own draft → finalized → sent → paid lifecycle on its own.

Commission statements

Built and emailed on a schedule, once

Questions

Does Finocket pay my partners?

No. Finocket computes what's owed and produces a CA-ready statement; your accountant executes the payout and the tax treatment. Marking a statement paid only records the reality they already actioned.

What format is the statement?

Excel or CSV, one per partner per month, with the partner's tax details (or a MISSING flag) and GST plus India TDS-194H worked out, a file your CA can run payment and filing from directly.

Ready to ditch the spreadsheet?

Free for solo users until 31 Dec 2026 — no partner code needed. ₹99/month after that. No credit card. Your books stay yours.