Applicable to: All Affiliates

1. By default all conversions are shown as pending on your affiliate panel(Trackier)
2. We map the Delivered Data with the Advertiser Report for Final Billable Confirmation
3. Numbers for previous month are confirmed by last day of current month
4. Pending conversion will be marked as Approved/Rejected/Pending based on the Final Billable shared by the Advertiser
5. Example – Pending Conversions Delivered in Jan 2024 will be updated on or before 25th Feb and Payments for the same will be released by last week of Feb 2024
6. Remaining Pending Conversion will be closed in the upcoming cycle

Applicable to: All Affiliates

1. vCommission works on a monthly payment terms across all advertisers
2. Payment Confirmation/Invoice Request for your Approved Conversions will be sent by the last week of every month (Pls refer ‘Validation Process’ tab to know confirmation status & time)
3. Example – Pending Conversions Delivered in Jan 2024 will be updated on or before 25th Feb and Payments for the same will be released by last week of Feb 2024
4. Remaining Pending Conversion will be closed in the upcoming cycle

Applicable to: Indian Affiliates Charging Tax & All Global Affiliates

For vCommission to process your payments on time, please ensure your invoices are correct & as per guidelines below:

For Indian Affiliates

• Invoice should be raised in favor of:

  vCommission Media Private Limited
  Splendor Spectrum One, Tower 1, 4th Floor, Golf Course Ext, Sec-58, Gurugram, 122001, HR, India
  GSTIN: 06AAECV0198B1ZK

1. Invoice should clearly mention your company name.
2. Invoice should clearly mention your affiliate ID with vCommission (If you don’t know your affiliate ID, please get in touch with your affiliate manager).
3. Invoice should clearly mention the month of activity.
4. Invoice should have an offer-wise split of payout and quantity (You can confirm this with your affiliate manager on a monthly basis before the invoice is raised).
5. For Indian affiliates: Invoice should clearly mention PAN #, GST Number #, and NEFT / RTGS information.

For Global Affiliates

• Invoice should be raised in favour of:

  vCommission Media Pte. Ltd.
  14 Robinson Road, #08-01A
  Far East Finance Building
  Singapore

Additional information required on the invoice:

• Parent Affiliate ID with vCommission
• Month of activity
• Offer-wise payout split and quantity (please confirm with your Affiliate Manager before raising the invoice)
• Payoneer registered email ID
  
  1. All international payments will be processed through Payoneer.
  2. Payments will be processed through our Singapore entity: vCommission Media Pte. Ltd.
  3. To receive payments, please ensure the following:
• Create or use your existing Payoneer account.
• Mention your Payoneer registered email ID on the invoice.
• Submit the invoice to us, and the payment will be processed to your Payoneer account.

Goods & Service Tax (GST Applicable to: Indian Affiliates with valid GST number)

vCommission will pay applicable taxes to Indian residents for work done wef April 2014 & after. How to avail:

1. Please confirm billable numbers from your affiliate manager
2. Send valid invoice with your tax number (instructions for invoice are below)

TDS (Applicable to: All Indian Affiliates)

vCommission deducts TDS @

1. 1% for individuals with valid PAN card number.
2. 2% for companies with valid PAN card number.

Payment for Indian affiliates without valid PAN card number will be on hold till provided.

All Global affiliates will be paid via Tipalti. vCommission Media Private Limited doesn’t contract/pay Non Indian companies.

To whomsoever it may concern,

• This document holds clarity on the process related to TDS (tax deducted at source) differential that may follow for

  Payments through India Entity at vCommission.

• As per our Company Policy, Affiliate’s costing/payout is booked/recorded in our books in the "month in which it is incurred/due" and not in the "month in which it is validated.”
• This is standard practice to reflect accurate financial transactions in the appropriate accounting period and accordingly deduct & submit the required TDS amount.
• To give an instance: If costing of January 2024 month activity has been validated in the month of April 2024, the costing shall be booked along with TDS deduction/payment; in the month of January 2024 itself. (Only to follow Matching Principles of Accounts (Revenue vs Cost), to depict Company’s Financial Statements correctly and to comply with relevant Laws):

As per the Income Tax 1961:

1. “TDS should be deducted and paid at the time of recording or payment of expenses, whichever is earlier.”
2. “The deduction is reported as part of concerned month in TDS Return of respective quarter.”

• Conclusion: - In case we recognise the cost in Financial Year (2023-24) and the same is recognized by Affiliate as Revenue in next Financial Year (2024-25), the affiliate is advised to book the revenue as “Provision Accrued Income” or “Unbilled Revenue” in his/her/its books of accounts of Financial Year (2023-24), manage TDS accordingly and follow the same practice in future also.” Should you have any related questions/need more understanding of this matter, please reach out to your Account Manager/vCommission Support.

Applicable to: Global Affiliates

1. vCommission panel always shows earning in INR but this can be paid in your requested currency
2. Forex conversion rate will be decided at the date of payment
3. For invoice – please confirm exchange rate with your affiliate manager

For Indian Affiliates

• vCommission works on a default threshold of Rs. 1,000 in approved commissions. All Indian affiliates are paid via NEFT/RTGS (Bank Transfer) only.

For Global Affiliates

1. The threshold for Global affiliates is USD 100.
2. All payments over USD 100 will be released via Payoneer.
3. For all payments an invoice is mandatory.