GlobalProReview Accounting Policy

You expressly agree and acknowledge that the terms and conditions contained in this Accounting Policy are incorporated within the GlobalProReview Client Contract and you expressly acknowledge that you have read this Accounting Policy and agree to comply with and be bound by all of its terms and conditions as a requirement of creating and maintaining an account with GlobalProReview. If at any time you do not agree with any part of this Accounting Policy, you agree that your sole remedy is to cease any further use of the GlobalProReview Services and terminate your account, in which case You agree that any activity that transpired prior to the date of such termination shall be governed in full by this Accounting Policy.

NOTE: All references to amounts and use of the “$” sign refer to amounts in U.S. dollars.

For information about specific terms of the ClickBank Accounting Policy refer to the appropriate section below:

• Payment Method and Payment Frequency
• Pay Period End Time
• Payment Distribution
• Direct Deposit (United States)
• Direct Deposit (International)
• Wire Payment (International)
• Payment Change Deadlines
• Payment Threshold
• Postal Delays & Reissued Checks
• Stale Checks
• Stolen Checks
• Returned Direct Deposits and Wires
• Retail & Wholesale Pricing
• Currencies
• Sales Tax
• VAT Tax
• Returned Sales
• Charged Back Sales
• Return Allowance
• Determination of Affiliate
• Account Closure
• Customer Distribution Requirement
• Dormant Accounts
• Taxpayer ID Number Requirement For U.S. Based Affiliates Earning Over $600
• Legal Limitations
• Additional Resources & Related Articles 

Payment Method and Payment Frequency:

GlobalProReview offers affiliates a range of payment methods, including Direct Deposit, Wire, and Checks. Affiliates have the flexibility to choose the most convenient method for receiving their funds. Payment frequencies vary based on the chosen method, with Direct Deposit and Wire payments (both US and International) available once per week or once per two weeks, while Check payments are processed once every two weeks.

Pay Period End Time:

The pay period for GlobalProReview concludes at [insert time] on the last day of each month. This timeframe ensures a systematic and consistent schedule for financial transactions and reporting.

Payment Distribution:

Payment distribution follows the terms stipulated in affiliate agreements. Affiliates can expect timely and accurate disbursement of their earnings, aligning with the predetermined criteria outlined in their agreements.

Direct Deposit (United States):

U.S.-based affiliates can benefit from the convenience of Direct Deposit payments. Transactions are executed in accordance with U.S. banking regulations, ensuring a secure and streamlined process for transferring funds.

Direct Deposit (International):

International affiliates are provided with the option of Direct Deposit, enabling a seamless transfer of funds. The process adheres to international banking standards, facilitating efficient cross-border transactions.

Wire Payment (International):

For affiliates opting for Wire Payments on an international scale, GlobalProReview ensures transactions comply with global banking standards. This method offers a secure and expedited means of fund transfer for affiliates.

Payment Change Deadlines:

To accommodate changes in payment methods, affiliates must submit requests before the [insert deadline] of each month. This ensures that modifications take effect for the upcoming payment cycle.

Payment Threshold:

Affiliates are required to reach a minimum threshold of [insert amount] for payments to be processed. This threshold is in place to streamline payment processes and ensure efficiency in fund distribution.

Postal Delays & Reissued Checks:

GlobalProReview acknowledges that postal delays may occur. In the event of lost or delayed checks, reissued checks will be promptly sent upon verification, ensuring that affiliates receive their earnings without undue delay.

Stale Checks:

Checks not deposited within [insert time frame] will be considered stale and void. This policy encourages affiliates to promptly deposit their checks to avoid any complications.

Stolen Checks:

In the unfortunate event of checks being stolen, affiliates are urged to report the incident immediately. Appropriate actions will be taken to address the situation and safeguard affiliate earnings.

Returned Direct Deposits and Wires:

Instances of returned payments, whether due to incorrect account information or other reasons, will be promptly addressed. GlobalProReview may apply a fee for processing returned payments.

Retail & Wholesale Pricing:

The pricing structure for retail and wholesale transactions is outlined in affiliate agreements. This delineation ensures transparency and clarity regarding the financial terms for different types of transactions.

Currencies:

GlobalProReview facilitates transactions in multiple currencies based on affiliate agreements and the geographic location of the affiliate. This flexibility accommodates the diverse international reach of affiliates.

Sales Tax:

Affiliates are responsible for compliance with sales tax regulations applicable to their geographic location. This policy ensures adherence to relevant tax laws, promoting legal and ethical business practices.

VAT Tax:

Affiliates must comply with Value Added Tax (VAT) regulations applicable in their respective regions. This policy underscores the importance of affiliates adhering to tax requirements to maintain regulatory compliance.

Returned Sales:

Procedures for handling returned sales are outlined in affiliate agreements. This ensures consistency and clarity in addressing the financial implications of returned products.

Charged Back Sales:

Affiliate agreements detail policies for addressing charged back sales. This includes clear guidelines on how such situations will be managed, ensuring fairness and transparency in financial transactions.

Return Allowance:

GlobalProReview establishes a return allowance policy to address product returns. This policy outlines the acceptable conditions and procedures for returns, contributing to a fair and consistent approach.

Determination of Affiliate:

Affiliate eligibility and compliance with the program are determined based on specific criteria outlined in affiliate agreements. This policy provides a clear framework for affiliates to understand the terms for participation.

Account Closure:

GlobalProReview reserves the right to close affiliate accounts in instances of policy violation or for reasons specified in affiliate agreements. This policy outlines the circumstances under which account closure may occur.

Customer Distribution Requirement:

Affiliates are required to comply with customer distribution requirements as outlined in affiliate agreements. This policy ensures that affiliates actively contribute to the growth and success of GlobalProReview by meeting specified distribution criteria.

Dormant Accounts:

Accounts with no activity for [insert time frame] will be considered dormant. GlobalProReview may take appropriate actions, including account closure or other measures, for dormant accounts.

Taxpayer ID Number Requirement for U.S. Based Affiliates Earning Over $600:

U.S.-based affiliates earning over $600 are required to provide a valid taxpayer ID number for tax reporting purposes. This policy ensures compliance with U.S. tax regulations.

Legal Limitations:

All financial transactions at GlobalProReview adhere to legal limitations, including international regulations for cross-border transactions. This policy emphasizes the commitment to ethical and lawful business practices.

Additional Resources & Related Articles:

Affiliates can access additional resources and related articles on financial transactions and affiliate policies at [insert location]. These resources provide valuable information and guidance to enhance affiliates’ understanding of GlobalProReview’s financial processes.