Payouts

Payouts (/team-payouts) is the private Agency workflow for what you owe your team. It records compensation and payments you make elsewhere; it does not transfer funds, run payroll, withhold tax, or certify tax documents.

From work to a settled bill

1. Set compensation rates and an explicit start date.
2. Prepare a bill, review eligible work and adjustments, then approve it.
3. Optionally forward the reviewed bill to an address you provide.
4. Pay outside Hoursmith, then record the payment and settlement.
5. Review Team profitability, keeping work margin separate from cash movement.

Read the overview

Member rows show the current hourly rate, unbilled earnings, amount due, and last payment. Amounts stay separated by currency. Prepare bill carries the selected period into review; use New bill for manual adjustments or deliberately selected nonbillable work.

The period filters estimated work and recorded payments. Outstanding and overdue amounts are current balances, not historical balances at the period end. Client/project filters select whole matching bills and payments, not prorated portions. Use Team profitability for source-attributed comparisons.

Payout calendar calculations use the workspace owner's saved timezone; display formatting follows your date preferences.

History and privacy

Removing a member does not erase their balances or history. Reinviting the same user retains the ledger. On downgrade, Owners and Admins can still read finalized bills, payment history, statement PDFs, and sent forwarding history in the app. New rates, drafts, approvals, payments, reversals, analytics, and outbound bill delivery require Agency. The workspace JSON export retains payout provenance on every plan.

Optional payment confirmations are the narrow exception to member-facing money privacy: an Owner/Admin can explicitly email a minimal confirmation. This does not give the recipient access to Payouts or their bill history.