> ## Documentation Index
> Fetch the complete documentation index at: https://nce-docs.bglobale.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Billing Period and Payment Terms

The reconciliation process typically takes place on a weekly basis and results in a comprehensive report of all Merchant sales for the week.

Based on the report, Global-e pays the Merchant the sum of all products sold internationally during that week plus any relevant shipping, duties, and taxes, minus the agreed service fee.

Global-e's standard payment terms:

* 80% of the net proceeds are paid weekly, up to two business days after the weekly reporting day.
* 20% of the net proceeds are paid seven days after the end of each calendar month.