Can I apply for early payment from Amazon? How long does it usually take to get the payment back?

Just like the rules of Taobao platform, the money will be transferred to the account of Amazon merchants only after consumers confirm receipt of the goods. So can Amazon apply for early payment? The following content will introduce it to you.

Can I apply for early payment from Amazon?

Can.

How long does it usually take to get the money back?

Generally speaking, Amazon will deposit the seller's sales revenue into the seller's bank account 14 days after you register with the seller platform. Subsequently, the settlement process is repeated every 14 days. Please note the following points:

1. The account balance is at least 25 yuan. Commission fees and customer refunds (if any) will affect the seller's balance.

2. In the Seller Central, enter your valid bank account information in China. For more information, see Bank Account Information. After the settlement is completed, Amazon will publish the settlement report in the "Reports" section of the Seller Central and deposit the sales proceeds into the seller's bank account via bank transfer.

It usually takes 6-10 working days for the funds to reach the seller's bank account from the time the bank transfer is made. Please note: public holidays will affect the remittance of funds, and the arrival time will be delayed by 6-10 working days.

It also depends on the payment method used. If you choose to pay online, the refund will generally arrive in your account 7 working days after the return. If you pay cash on delivery, the refund will be returned to the gift card after the return. Regardless of the delivery method, Amazon will notify you by email.

So how can you quickly calculate your profit?

Download report:

Data Report - Payment - Date Range Report - Select the corresponding date range - Summary

Data Report - Payment - Date Range Report - Select the corresponding date range - Details

Through the summary table, total income - total expense = total payment

Total collection/total sales = collection rate

Through the collection rate indicator, you can also directly determine your approximate profit ratio.

For example, if the product price is 100 USD, the cost is 30 USD, and the first-leg cost is 5 USD, then the product cost accounts for 30%, and the first-leg cost accounts for 5%, so the total cost is 35%.

So if the downloaded report shows that the collection rate is less than 35%, then it is certain that there is no profit.

Gross profit margin = collection rate - (product cost + first-leg) cost ratio

If you don’t want to make the calculation so complicated, you can directly use the collection rate indicator to detect the problem of profit accounting.

Through the detailed table and profit pivot table, you can quickly get the product and first-mile cost of the products sold. Then you can know the cost in detail.

Subtract this part of the fee from the collected funds - minus the evaluation fee, and you get the gross profit.

In order to facilitate understanding of the cost proportions of various aspects, a tabular analysis of the cost proportions was also made.

In summary, Amazon's payment is not immediate. Amazon's payment cycle is basically about 14 days. Amazon allows two withdrawals per month, and you can get a payment once every two weeks.

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