Skip to main content

Remittance Report Overview

Updated

OVERVIEW

This article will explain the Remittance Report that Nabis will send to your brand with each payment 

Below is an example Remittance Report.

image (24).png

 

  • Column A (Paid Date): The date when the funds were received.
  • Column B (Applied Date): The date when our team applied the payment to the respective order.
  • Column C (Paid By - Transaction): The retailer that made the payment for the order.
  • Column D (Licensed Location Name): The licensed name of the retailer.
  • Column E (Order Number): The order number, which you can reference on the Nabis platform.
  • Column F (Order Total): The total amount of the order, also visible on the Nabis site.
  • Column G (Invoice Number): The invoice linked to the transaction for the order number.
  • Column H (Invoice Type): The type of invoice for that line (e.g., “[Fee] Distribution Fulfillment” for our fees or “Due to Brand” for payments).
  • Column I (Transaction Type): The type of transaction. Typically, this is “Payment”, but it may also include “Credit Memos” (if a credit memo is applied) or “Discount” (if a discount was applied to the order).
  • Column J (Transaction Notes): Any additional notes from our team.
  • Column K (Invoice Total): The total amount for the invoice in question—this reflects either the fee amount (if it’s a fee) or the payment amount minus fees and credits (if it’s a payment).
  • Column L (Journal Entry): The amount of any credits or discounts applied.
  • Column M (Nabis Collected): The amount collected by Nabis for that invoice.
  • Column N (Nabis Kept): The portion retained by Nabis as fees.
  • Column O (Nabis Remitted to Brand): The amount remitted to you (Due to Brand balance)—this is the total order amount minus fees, credits, and discounts.
  • Column P (Outstanding Invoice Total): Indicates whether the order has been fully collected. If not, it shows the outstanding invoice amount, relevant in cases of partial payments.
  • Nabis Remitted to Brand: Reflects the total amount being remitted to the brand. For example, if the Invoice Type Column reflects ‘[Fee] Rejection Fee’ and it’s $170, this fee will already be factored into the ‘Nabis Remitted to Brand’ amount.”

Definitions for the Memo/Description section are as follows;

  • ​Percentage Fee: Transportation % rate shown against the value of the order, in which we calculate your delivery fee
  • ​Rejection Fee: Nabis attempted a delivery, and the Retailer chose to reject the order, covering the base cost of order assembly and delivery attempt
  • Labeling Fee: Certain Retailers in CA require QR codes to be added to every unit, an additional charge of $0.20 per unit
  • Self-Collection: The brand reported collecting the order or selling it to a Retailer, where self-collection is the only delivery option
  • Overdue Fee: Fee for orders overdue by 45 days, the transportation % rate or minimum fee is applied
  • Storage Fee: Fee charged for long-term inventory storage. Charges apply to products that have been sitting at Nabis for 120 days or more.
  • Flat Order Fee $60: The order was a stand-alone Trade Sample or Medical Donation Only order​

​
​

Related articles