- Total Budget
The Total Budget shows the total amount of funds that have been deposited into your Cooleaf platform over the lifetime of your account, to cover your organization's reward redemptions. This number will increase as you continue to fund your quarterly rewards budget through the Cooleaf invoicing process.
- Total Purchased
Total Purchases refer to the total amount of funds that were deducted from your Total Budget to cover redemptions, that have already taken place, by users in your platform.
- Total Remaining
The Total Remaining value will show you the total amount of available funds you have to cover any potential redemptions by your users. The Total Remaining is the difference between the
- Total Budget and Total Purchase.
Example: In a 10:1 Points to currency ratio; $2,025.20 would cover 20,252 points to be redeemed today. If this number drops too low, individuals may not be able to redeem their points because there are no funds to cover the redemption/purchase.