Disbursements not adding up to sales and fees
Hi,
I have just completed my first month selling on Amazon however Im a bit confused as to how the payments work. I have made around £900 in sales but only received £280. After Amazon transferred that money to my bank account, I still have 500 as a balance. I have looked at the payment reports but it still doesn’t add up, I am just wondering do Amazon keep 2 weeks balance in hand?
So for example if I sell for the first two weeks of the month, will I receive this money on the following two week disbursement (so at the end of the month)?
Thanks.
Disbursements not adding up to sales and fees
Hi,
I have just completed my first month selling on Amazon however Im a bit confused as to how the payments work. I have made around £900 in sales but only received £280. After Amazon transferred that money to my bank account, I still have 500 as a balance. I have looked at the payment reports but it still doesn’t add up, I am just wondering do Amazon keep 2 weeks balance in hand?
So for example if I sell for the first two weeks of the month, will I receive this money on the following two week disbursement (so at the end of the month)?
Thanks.
Seller_7VbclcPFFRTnc
You will always have funds in reserve in your account, that’s the way the payments work
To work out your sales vs costs download a date range report - that will have your income and all expenses for whatever date range you choose (obviously not off amazon costs though such as cost of goods and overheads)
Reports - payments - date range reports - generate choose summary and enter your dates
It downloaded as a pdf
1 reply
Seller_7VbclcPFFRTnc
You will always have funds in reserve in your account, that’s the way the payments work
To work out your sales vs costs download a date range report - that will have your income and all expenses for whatever date range you choose (obviously not off amazon costs though such as cost of goods and overheads)
Reports - payments - date range reports - generate choose summary and enter your dates
It downloaded as a pdf