Academy LMS 4.0 IS LIVE

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Money management

Money management lets you share course revenue between your site and the instructors who created the courses. It covers two things: what percentage each side keeps (Earning), and how instructors get paid out (Withdrawal).

Note: These settings only appear once the Multi Instructor add-on is active. A single-instructor site selling only your own courses doesn’t need this, since there’s no one to split revenue with.

Step 1: Enable the Multi Instructor add-on

Multi instructor addon activation

Go to Academy LMS → Add-ons, find Multi Instructor under User Management, and turn it on. This unlocks two new tabs under Academy LMS → Settings → Payments: Earning and Withdrawal. Without this add-on active, neither tab exists.

Earning and withdrawl tab

Step 2: Turn on Earning

Open Settings → Payments → Earning. Turn on Enable Earning. Its own description explains the stakes plainly: “If disabled, the Admin will receive 100% of the earning.” With it off, instructors get nothing from sales even if Multi Instructor is active.

Enable Earning from earning tab

Step 3: Set the commission split

Earning split

Once Earning is on, two fields appear:

Admin Commission Percentage: your share of each sale, after fees.
Instructor Commission Percentage: the instructor’s share of each sale, after fees.

Academy’s built-in default is a 20/80 split (20% admin, 80% instructor). Set your own numbers to match whatever deal you’ve made with your instructors.

Step 4: Deduct a fee before splitting (optional)

Turn on Enable Fee Deduction to take a cut off the top before the admin/instructor split happens: “Fees are charged from the entire sales amount. The remaining amount will be divided among admin and instructors.” Three fields appear:

Fee Deduction Name: what the fee is called (for example, “Service Fee” or “Payment Processing”).
Fee Deduction Amount: how much to deduct.
Fee Deduction Type: whether that amount is Fixed or a Percent of the sale.
Fee deduction from earning tab

Click Save once you’re done with the Earning tab.

Step 5: Set the withdrawal rules

Switch to Settings → Payments → Withdrawal. Set the Minimum Withdrawal Amount: “Instructors should earn equal or above this amount to make a withdraw request.” An instructor whose balance is below this can’t request a payout yet.

Minimum withdrawl Amount set

Step 6: Choose withdrawal methods

Turn on whichever payout methods you want to offer: Enable PayPal, Enable E-Check, Enable Bank Transfer. You can turn on more than one; instructors pick their preferred method from their own dashboard. At least one method needs to be on before an instructor can submit a withdrawal request. Click Save.

Enable withdrawl methods

How instructors withdraw their earnings

From their frontend Instructor Dashboard, an instructor opens Withdrawals to see their current balance and withdrawal history (method, date requested, amount, status). Before their first request, they set a withdrawal preference (PayPal email, a physical address for E-Check, or bank account details for Bank Transfer). Once their balance clears the minimum you set in Step 5, they can submit a request, which starts out Pending.

Approving a withdrawal request

Go to Academy LMS → Withdraw Requests to see every pending request in one place. Select a request and click Approve to release the payment; its status changes to Approved, and the instructor sees the update from their own Withdrawals screen.