Understanding your Earnings Statement
1. Login to your Owner account at HyreCar website.
2. Click My Transactions from the top right menu.
3. Download all your earnings statements as a CSV file.
Key Terms to help you understand your statement.
Payment: This is the gross amount the driver paid for the rental (including rental rate, HyreCar fees and insurance). Sum of all “payments” is the amount you see on your 1099 for the calendar year.
Payment refund: This is the total amount that is refunded back to the driver from your earnings for any issues (including early return due to maintenance related issues or owners requesting to refund drivers for any number of reasons). This often includes HyreCar fees and daily insurance fees. Please see “adjustments” for further explanation.
Adjustment: As mentioned above, the total amount of refund issued to the driver will be presented in Payment Refund and are deducted from the total Payment. Adjustment credits back any amount that is refunded from HyreCar’s account (e.g. the $13/day insurance fee).
Transfer: This is the amount that is transferred from your HyreCar payment account into your bank account; this amount is recorded as a negative. This is the amount you see in your bank account each time you receive a HyreCar deposit.
Amount: Gross amount charged/refunded to the driver.
Fee: Fees charged by HyreCar for the service provided.
Net: Your net earning for the rental.
Created: Date which deposit was initiated to your HyreCar payment account.
Available: Date earnings were made available in your bank account.