Online Sales Payments Flow
Every Tuesday, all events of the week before (until Sunday) are paid.
Refunds done after tickets have been paid out to clubs will be discounted the first week of the next month.
Company details
Before proceeding with a payment, we will need all the legal information:
Company Legal Name – The legal name of the company or the sole proprietor (not the commercial name of the party).
VAT- if you have one to be added WITHOUT the country code (example for Spanish VAT: not ESBxxxx but Bxxxx).
IBAN – without spaces.
BIC/Swift – without this value the transfer will not be processed (if you don’t know it, by inserting your IBAN in this website: https://www.ibancalculator.com/)
Address: not the complete address, only street and street number (here we need the legal address of the company/sole proprietor, not the address of the club/event).
Postal Code
City
Country
You can fill this info directly in Xceed Pro, in the company settings sections or contact directly your account manager.
You have an article where we explain how to do it: Here.
Special payments
If there is any change to usual recipient of the payment, let your account manager know and change the above values in Xceed Pro before Monday evening.
Invoicing
Xceed is an agent:
Clubs & Organizers don’t have to generate invoices to receive the money generated from the online ticket sales - the tickets themselves are technically a simplified invoice.
Xceed will generate invoices for any relevant fees and commissions on a weekly basis after the payments.
For any other doubts or request, you can contact as at finance@xceed.me
Payment & Accounting Communication
Automatic emails
The recap of sales are sent weekly after the transfers are done.
For more information about the recap sales emails please check this article
Any invoices for Xceed's fees will be sent on the Friday in the week of the payment
To receive the automatic emails, fill the “email” field in the company settings in Xceed Pro.
Special documents
For any specific document or question, you can always contact your account manager or email us at finance@xceed.me.
We value customer satisfaction more than anything, and we will be happy to support you at any moment.