The Statement of Account for FaveDeals is a statement that contains information such as your total revenue, number of vouchers redeemed, and support fee.
Total revenue is calculated as below:
Revenue = Support Fee x Quantity
The Statement of Account for FavePay is a statement that contains information such as outlet name, your total revenue, number of transactions, and cashback summary. You will also receive a FavePay Excel report detailing the bill amount, merchant cashback used, timestamp, Fave fees, and more for each individual transaction.
If you are a FaveDeal and FavePay partner you will receive two SOAs, one for FaveDeals and one for FavePay.
The SOAs will be sent according to the agreed-upon payment cadence. The default payment cadence for most partners is weekly payments.