Here's How SeneCash Works Changing Retained ... - SeneGence

Stream line your SeneGence business tasks by working smart to
compound the return on your retail profits and commissions. Work smart
by saving time and money by using your SeneCash account to purchase
products for resale and business supplies needed to run your SeneGence
business.
SeneCash is a free service to all SeneGence Distributors and is located in
your SeneGence Back Office. It is a consolidated account system which
combines all bi-monthly Customer Direct Order (CDO) retail sales profits
and monthly Downline and Group Sales Volume (GSV) Bonus
Commissions, into one simple, clear, and easy-to-access account at your
fingertips. There is no fee for reserving or using the funds within the system.
Here’s How SeneCash Works
Twice per month (on the 7 th and the 22 nd ) all CDO retail sales profits you
have earned will be credited to your SeneCash account. As well, each
month (on the 15 th ) all monthly Downline and GSV Bonus Commissions
earned will also be credited to your SeneCash account. In your back
office is a real time ledger of the current balance of your SeneCash
account, displaying the monies which are available to you to purchase
products and supplies, or to be directly distributed to you by check;
whichever you so desire.
The Distributor default setting for SeneCash is set to reserve 100% of
earnings in your SeneCash account for your use. You may however
choose to retain your earnings at any of the following levels:
• 0%,
• 10%,
• 25%,
• 50%,
• 75%
• 100%.
The retained amount may be chosen, and changed, by you in your
Distributor Back Office found at Business>SeneCash at any time. The
portion (of newly accrued earnings) which you choose not to be retained
will be distributed to you automatically by check, on or about the 15 th of
each month.
Changing Retained Percentages

You may change the percentage of earnings you have decided to retain
at any time. (However note that changes made after the 10 th of any
month will not take effect until the next month’s distribution.) Changes to
the percentage of SeneCash to be held apply only to new earnings.
At any time you may use all or part of your available SeneCash for any
payment that appears on your regular order form (product, supplies and
annual renewal).
Collecting Previous Retained Earnings
If you would like a distribution of previously retained earnings you may ask
for those at any time. Should you wish to request the additional
disbursement of any amount remaining in your SeneCash account, at any
time – and independent of the setting you have chosen for the
percentage of earnings reservation – you need merely request such
monies and SeneGence will issue a check to you.
A Distribution Request page is in the back office for this purpose.
Distribution requests received prior to 11:59 PM on Sunday will be issued
the following Friday.
Earnings and Commission Information
In addition to the current balance of your SeneCash account, your CDO
and Commission Statements is available for you to view on-line, in your
SeneGence Back Office. These reports remain viewable for 18 months,
and may be printed by you at any time.
Distribution of Checks
Once per month (on or about the 15 th ) SeneGence will send you a check
for whatever portion of your new earnings which you have chosen to
have distributed (CDO posted after the 25 th of the prior month + monthly
Downline and GSV Bonus Commissions earned for the prior month).
There will be the standard $5.00 check fee for all check disbursements.