COD Remittance
The COD remittance section allows you to see Live, Past, and Future remittances of your account. It provides a clear view of your finances.
Live
It shows the pending remittance schedule to your bank account as per the remittance cycle.
Our default Remittance cycle is D+7.
Past
It shows paid remittance transferred to your account.
Future
It shows the upcoming remittance which is due as per your remittance cycle but not scheduled for remittance.
Filters involved:
You can filter all remittances by pickrr reference number or by bank transaction number.
List view:
Table View Definition:
Reference: Pickrr generates a unique code for each remittance..
Date: Remittance release date
Remittance: Amount to be transferred to the bank.
Transaction ID: Remittance transaction ID (NEFT/RTGS).
Remark: If any provided by the finance team.
Actions: “Total Orders” You can download order-wise remittance details in a CSV file
How is Remittance calculated?
COD amount is calculated based on your account remittance cycle and shipments that are delivered.
Let’s understand with an example. We assume your account’s current COD cycle is D+8 (Delivered + 8 Days).
Transaction
Order ID: 123
COD Amount: 500
Order Placed on 14th April 2021
Delivered on 16th April 2021
Add COD Cycle 16 + 8 = 24th April 2021
On 24th April or the upcoming remittance release day, the order amount Rs. 500 will be transferred.