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Old 11-26-2005, 03:44 PM   #1
Dirty F
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Do you keep track of all your payouts?

I never really did because with checks hardly ever any payments went wrong or didnt occur at all but more and more sponsors are paying through epass nowadays and im keeping track better than i used to because for some reason it seems more sponsors than ever have missed an epass payout lately which is a disturbing trend.

But its a bitch to keep track of it since they all use different payout periods and different epass names.

Anybody noticed something similar?
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Old 11-26-2005, 03:46 PM   #2
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I don't keep track of payments at all.. I wish I did tho...
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Old 11-26-2005, 03:47 PM   #3
Dirty F
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Quote:
Originally Posted by Nylz
I don't keep track of payments at all.. I wish I did tho...

Haha let me keep track of your payments and everything you dont miss and i can recover will be mine
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Old 11-26-2005, 03:48 PM   #4
Sly
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Nylz how do you do your taxes?

This is the reason I only do checks. Its a lot easier to track payments received, of course I don't usually catch missed payments unless something is waaay off.
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Old 11-26-2005, 03:50 PM   #5
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Quote:
Originally Posted by Sly
Nylz how do you do your taxes?

This is the reason I only do checks. Its a lot easier to track payments received, of course I don't usually catch missed payments unless something is waaay off.
Yeah checks are better when it comes to that. Its also a difference if you promote 20 sponsors or 3. 100 bucks here 100 bucks there and you wont notice it if a 100 goes missing.
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Old 11-26-2005, 03:51 PM   #6
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We track them. the ones that come in checks, we keep the stubs in a file. the ones that we get e-pass, we put the info in an excel spread sheet.
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Old 11-26-2005, 03:53 PM   #7
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I used to keep track of all my payouts (check, epassporte didn't exist)
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Old 11-26-2005, 03:54 PM   #8
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Originally Posted by pornguy
We track them. the ones that come in checks, we keep the stubs in a file. the ones that we get e-pass, we put the info in an excel spread sheet.
Fuck i should do that.
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Old 11-26-2005, 03:55 PM   #9
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when a pay period ends on a sponsor i create an invoice in quickbooks, then i apply the checks to their "account" balance when they arrive. this is the best way we've come up with, and it makes it easy to give to our account for taxes.
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Old 11-26-2005, 03:55 PM   #10
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But its such a bitch. Some sponsors pay weekly, other monthly. Some pay what you made last week, some what you made last month. Etc.
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Old 11-26-2005, 04:22 PM   #11
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I keep on top of my payouts, just takes a quick glance at Statsremote, and I usually know what days are Epassporte paydays for my main sponsors.
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Old 11-26-2005, 04:44 PM   #12
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I dont' even balance my fucking checkbook for my personal accounts, but business I track and keep everything.
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Old 11-26-2005, 04:46 PM   #13
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I keep track and call them when it does not arrive.
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Old 11-26-2005, 04:47 PM   #14
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every single sponsor, every single sale, every single paycheck.
its my money & no one is gonna watch it for me.
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Old 11-26-2005, 05:09 PM   #15
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You have to track this stuff. Sponsors have and do go out of business.
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Old 11-26-2005, 05:11 PM   #16
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I only check when I do my comptability ... for the online payments . For checks payment, I do.
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Old 11-26-2005, 05:31 PM   #17
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I have an accountant at the bank who handles everything. I get a monthly statement from the bank as well. The bank has it setup for quarterly tax witholdings so it's not such a big lump sum come april 15th. they keep track of the money coming in & the money going out.
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Old 11-26-2005, 05:32 PM   #18
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Quote:
Originally Posted by spacedog
I have an accountant at the bank who handles everything. I get a monthly statement from the bank as well. The bank has it setup for quarterly tax witholdings so it's not such a big lump sum come april 15th. they keep track of the money coming in & the money going out.
Uhm so if a sponsor misses a $200 payment via epass, you wouldnt notice?
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Old 11-26-2005, 05:36 PM   #19
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I keep track of everything.
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Old 11-26-2005, 05:55 PM   #20
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Quote:
Originally Posted by pornguy
We track them. the ones that come in checks, we keep the stubs in a file. the ones that we get e-pass, we put the info in an excel spread sheet.
I've been doing the same thing since day 1. Only way you can keep on top of it.
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Old 11-26-2005, 06:00 PM   #21
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Quote:
Originally Posted by Franck
I never really did because with checks hardly ever any payments went wrong or didnt occur at all but more and more sponsors are paying through epass nowadays and im keeping track better than i used to because for some reason it seems more sponsors than ever have missed an epass payout lately which is a disturbing trend.

But its a bitch to keep track of it since they all use different payout periods and different epass names.

Anybody noticed something similar?
I check all the sponsors I use atleast once a month to see if I am owed anything or have something coming.

With ePassporte I save all the old mails I get when I receive money.
I also set it up so I get forwarded a copy of the email every time I receive a payment.
Mail -> Options -> Mail Forwarding Options
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Old 11-26-2005, 06:02 PM   #22
spacedog
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Quote:
Originally Posted by Franck
Uhm so if a sponsor misses a $200 payment via epass, you wouldnt notice?
I don't use epass, only checks.
If it's a foreign sponsor paying in something other than us currency then I opt for the bank wire.
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