> For the complete documentation index, see [llms.txt](https://developer.paddle.com/llms.txt).

# Subscribe to notifications for payouts

Subscribe to notifications for payouts for Paddle to get notified when payouts are initiated and paid.

---

## What's new?

We added two new events that you can subscribe to:

- [`payout.created`](https://developer.paddle.com/webhooks/payouts/payout-created.md)

   Occurs when a payout from Paddle is initiated. This means the transfer of money is in progress.

- [`payout.paid`](https://developer.paddle.com/webhooks/payouts/payout-paid.md)

   Occurs when a payout is paid. This means it has been paid into your bank, so you should see it the next working day.

## How it works

Paddle initiates payouts on the 1st of each month. They're usually completed some time between the 2nd-15th of the month.

You can track payouts from the Paddle dashboard by going to **Paddle > Business account > Payouts**.

The new `payment.created` and `payment.paid` events let you subscribe to notifications for payouts, meaning you can build workflows using your payout data. For example, you could pipe data to your accounting solution or create a notification in Slack.

## Examples

```yaml
summary: payout.paid
value:
  event_id: evt_01h2b0tqg1xkgnkfmprsnrjn0s
  event_type: payout.paid
  occurred_at: "2023-06-07T13:30:38.138984Z"
  notification_id: ntf_01h2b0tqkhfqd094y9pys30xyw
  data:
    id: payout_01gsz4vmqbjk3x4vvtafffd540
    remittance_reference: "10374"
    status: paid
    amount: "10000"
    currency_code: USD
```

## Next steps

This change is available in version `1` of the Paddle API.

It's a non-breaking change, meaning it doesn't impact existing integrations.

You can [create a notification destination](https://developer.paddle.com/webhooks/notification-destinations.md) for the new payout events by going to **Paddle > Developer tools > Notifications**, or by using the [create a notification destination operation](https://developer.paddle.com/api-reference/notification-settings/create-notification-setting.md) in the Paddle API.
## Summary of changes

| Name | Type | Change | Entity | Description |
| --- | --- | --- | --- | --- |
| `payout.created` | Webhook | added | Payouts |  |
| `payout.paid` | Webhook | added | Payouts |  |