Set Action Locking & Payment Scheduling Periods

A template term's action locking period is the time between when an action is tracked by impact.com and when it locks (or can no longer be updated). During this period, you should perform any necessary action modifications or reversals, since the action can't be updated once this period has passed.

A template term's payment scheduling period is the amount of time between when an action locks and when the partner is paid out for driving the action. During this period, you should ensure that your account has enough funds to cover both the amount recorded on the Statement of Invoices (SOI) and any impact.com invoices.

Configure your locking period

You can define when an order becomes final and can no longer be reversed by using a fixed days locking period or a dynamic month + day locking period.

Days-only locking

If you configure your locking period using days only, the maximum value is 90 days.

Dynamic month-based locking

1. From the top navigation bar, select [User profile] → Settings.
2. In the left column, under General, select Template Term Rules.
3. In the Rule Enforcement section, select the [Unchecked box] below Application of the rules.
4. In the Template Term section, [Toggle on] Action Locking and configure the setting as needed.

   • For example, you can configure this setting as follows: Actions are locked 0 months and 47 days after the end of the month.
5. Next, [Toggle on] Payment Scheduling and configure the setting as needed.

   • For example, you can configure this setting as follows: Actions are paid 0 months and 20 days after the end of the month they lock.
6. Select Save.

Example: If you configured your action locking and payment scheduling periods as shown above, and your partners drove actions during the month of January, all actions will lock on March 19. Come March 20, you'll receive an SOI from impact.com tallying up all partner invoices. At this point, you should begin the process to fund your account sufficiently to cover these invoices and your impact.com invoice. Finally, your account will be debited on April 20 so that your partners can be paid.