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What are Order attributed payouts and unattributed payouts?

RJ
Reecha Jindal
Updated 1 year ago

Effective financial management requires a clear understanding of the various transaction types related to the payments you receive for the orders you send out. Without a clear understanding of these payout types, it becomes challenging to analyze financial data accurately and reconcile earnings with specific orders. Loop resolves this pain point by categorizing payouts into two distinct types, providing transparency and clarity in financial management.

 

Order Attributed Payouts

Order attributed payouts on Loop represent the earnings directly linked to specific orders made through platforms like UberEats, DoorDash, or GrubHub. These payouts provide detailed information about each order, including the order ID, platform, store name, order value, and associated charges such as taxes and commissions.

 

Order attributed payouts are essential for tracking and reconciling earnings from individual orders, allowing restaurant owners to analyze sales performance, understand commission deductions, and assess other financial aspects related to specific transactions.

 

Unattributed Payouts

In addition to order attributed payouts, Loop also categorizes payouts as unattributed. Unattributed payouts encompass financial transactions that are not directly linked to specific orders but still impact your restaurant's finances. For example, unattributed payouts may include marketing spends, miscellaneous expenses, or transactions that do not correspond to a particular order.

 

These payouts provide details such as the transaction ID, transaction type, date, value, and associated charges. Unattributed payouts ensure comprehensive financial tracking by accounting for all transactions that affect your restaurant's earnings beyond order-related payouts.

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