After opening a store on Amazon, merchants must pay attention to some store data, such as sales and collection rate. These data are closely related to the operation of the store. If there are any problems with the data, they must be dealt with in a timely manner. Is Amazon sales equal to collection? Do Amazon sales equal payment? Not equal to. How to calculate? 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. The net sales here refer to the total sales minus the operating costs on Amazon: such as FBA fees, advertising fees, sales commissions, etc., which is actually the same as the amount of repayment when using a third-party collection account. When using tiered pricing, the corresponding rate is given based on the seller's net sales in the past 12 consecutive months, and is automatically updated every month. The higher the net sales, the lower the rate. In short, for Amazon merchants, the faster the payment is received, the better, because sometimes funds are needed for turnover. If the payment is not received in time, it will have a certain impact on the Amazon store, and then the loss will outweigh the gain. Recommended reading: Does Amazon need good English? How to improve efficiency if you are not good at English? What are the requirements for Amazon Enterprise Purchase? How much is the fee? How to apply for Amazon BD? What does Amazon BD mean? |
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