Settlements
A settlement is a payout document that groups a set of commissions together for payment to a partner. You create it manually when you are ready to pay, choosing exactly which commissions to include.
This gives you full control over timing: you can batch commissions across multiple attributions, pay a partner monthly, or issue a one-off payment whenever it makes sense for your business.
Creating a settlement
Section titled “Creating a settlement”To create a settlement, you select the commissions you want to include — typically for a single partner over a given period. Coritra locks those commissions into the settlement and computes the total amount owed.
From that point on, the settlement moves through an approval and payment lifecycle.
Reports
Section titled “Reports”When a settlement is approved, Coritra generates a report — a document that lists all the commissions included in the settlement along with their amounts and the attributions they come from. The report serves as the formal record of what is being paid and why.
Both you and the partner can refer to the report to verify the breakdown before payment proceeds.
Invoices
Section titled “Invoices”Before a settlement can be paid, an invoice must be in place. How that invoice is produced depends on whether the partner is set up for self-billing:
- Self-billing partner — Coritra generates the invoice automatically on behalf of the partner. The invoice is addressed to you (the platform) and reflects the total amount of the settlement. No action is required from the partner.
- Non-self-billing partner — the partner produces their own invoice and sends it to you. You then upload it manually into Coritra to move the settlement forward.
In both cases, the invoice is attached to the settlement before payment is initiated.
Lifecycle
Section titled “Lifecycle”Settlements follow a structured process from creation to final payment:
| Status | Meaning |
|---|---|
Draft | Just created, amounts are still being confirmed |
AwaitingReport | Approved - report is being generated |
NegativeReview | Settlement total is negative, needs review before proceeding |
ReviewedAsCredit | Resolved as a credit note |
WrittenOff | Settlement amount written off |
AwaitingInvoice | Waiting for an invoice - either uploaded manually or generated via self-billing |
AwaitingPayment | Payment is handled outside Coritra |
Paid | Payment confirmed — settlement is closed |
Cancelled | Voided while still a Draft |