Payout Code - A short, unique indentifier that for this payout setup.    If Allow AreteX to Assign is checked, AreteX™ will auto assign the Payout Code.

Payment Type - Tells contributors why they are being paid.  For example a Royalty might be appropriate for an author .
An Instructor's Fee might be appropriate for a teacher.
A Editor's Payment might be approrpirate for a content editor.


Amount - Either the dollar amount per sale, or the percentage of sale. Depends on "Paid On" value.

Paid On - If Fixed Amount - Amount is the number of dollars that will be paid each sale. If Percent Gross, Amount will be used to compute payment as a percentage of the gross of the price of the product.