Net Amount refers to the final sum credited to your Connected Account after all applicable fees are deducted from a client payment.
When a milestone is paid, the Gross Amount is processed through Stripe. Stripe deducts its processing fee and happ deducts its application fee. The remaining balance becomes the Net Amount.
Understanding the difference between Gross Amount and Net Amount is essential for accurate revenue expectations.
The Net Amount is what ultimately becomes available for payout to your linked bank account, subject to hold periods.
Every Net Amount is documented within the Ledger to ensure financial transparency and structured reporting.