With AppBind, you can manage subscriptions for both you and your customers.

You may also be looking for

Your Monthly Statements

AppBind keeps records of every transaction on your My statements page so you don’t have to worry about bookkeeping for yourself or your customers.

 

The statements are generated monthly. You can pick which month to report on from the Statement drop-down list, and generate a CSV text file from the Download Statement button:

Statement summary

Each statement includes a summary of your account balance as well, showing your

  • Beginning balance at the start of that month
  • Payments you’ve made through that month
  • Received money you’ve gotten that month
  • Charges by subscription and service vendors that month
  • Payouts made back to you that month
  • Ending balance to close out the month

Transactions

The statement shows the following details for each transaction:

  • Date of each transaction
  • Who the transaction was for; either yourself or one of your customers
  • App, the subscription vendor responsible for the transaction if any
  • Cost for an App charge
  • Revenue earned by you
  • AppBind fees incurred by this transaction
  • CC fees incurred (fees are passed through if paying by credit card)
  • Payment made for a specific subscription, or to top up a balance
  • Funding method for the the payment or payout
  • Payout amount to you
  • Your Balance at the end of this transaction

Why was I charged?

If you are paying for subscriptions with an ACH (US bank account) payment source, your bank statements won’t indicate what a specific charge was for.
That’s because AppBind manages the complexity of multiple types of transactions, including:
  • subscription charges
  • markups
  • vendor commissions
  • payouts
  • refunds
  • chargebacks
The best way to see exactly what is going on to look at your AppBind monthly statement.  Here you’ll see each individual charge to your bank account, and the corresponding subscription charge in AppBind. (See the example figure below.)
If you are using budgets, your bank account or credit card will be charged when your balance goes below the threshold you specified in AppBind.  You can see these top-up charges in your AppBind statement.

Charges report

Since every charge depends on an underlying subscription charge, we show you the subscription charges in a separate report. Click on My charges in the main left menu to get to that report:

The charge history lists each transaction by app.

  • Date the transaction occurred
  • App that this transaction is for
  • App charge amount for the transaction
  • AppBind fees incurred by the transaction
  • Credit card fees incurred by the transaction
  • Total cost of the transaction

You can also do a search by app name or time frame (From date and To date), and you can download the statement as a CSV text file from the Download Charges button on the top right.

See also

 

MORE FROM OUR BLOG

You might also like

  • support

    One of the values of AppBind is that it provides automatic expense tracking and bookkeeping for both you and your customers. AppBind generates monthly statements automatically. Your customers always have access to their monthly statements when they log into their account under My Statements. You can send them an automatic notification on the 3rd of [...]

    Posted on
     January 15, 2022 
    by
    Sunir Shah
  • support

    In order to keep your own subscriptions adequately funded inside AppBind, you can set up a top-up budget for yourself. This will automatically add funds to your AppBind balance once your balance falls below some minimum threshold. Because it sometimes takes up to 5 business days to transfer money, we recommend keeping at least 2 [...]

    Posted on
     January 10, 2022 
    by
    Sunir Shah
See all posts

Get new posts to your inbox

Growing successful service revenue in a subscription economy.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.