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Thread: Received 40 cents out of 45 dollars of Japanese Royalty


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Permlink Replies: 4 - Pages: 1 - Last Post: Oct 25, 2017 5:50 AM Last Post By: Joseph M Erhardt Threads: [ Previous | Next ]
Sheila Marie

Posts: 2
Registered: 05/21/17
Received 40 cents out of 45 dollars of Japanese Royalty
Posted: Oct 24, 2017 5:41 PM
 
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Dear Staff and Peers:

My bank account is set up and all is well...
I have received full royalty of every sale in the U.S.
but in Japan, my royalty was 45 dollars and i received only 40 cents,
does anyone know why?
will this payment come later?
it has been about 2 months since,

please explain

thank you.
Donna St Felix

Posts: 5,448
Registered: 09/18/13
Re: Received 40 cents out of 45 dollars of Japanese Royalty
Posted: Oct 24, 2017 7:07 PM   in response to: Sheila Marie in response to: Sheila Marie
 
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Sheila Marie wrote:
Dear Staff and Peers:

My bank account is set up and all is well...
I have received full royalty of every sale in the U.S.
but in Japan, my royalty was 45 dollars and i received only 40 cents,
does anyone know why?
will this payment come later?
it has been about 2 months since,


First, there is no staff here. We are fellow authors.
Secondly, go back thru your sale reports and make sure you are not confusing the US dollar with the Japanese money system.
Thirdly, the funds are adjusted from the Japanese money to the US money for auto deposits (or checks).
Fourth, if you do not understand this, contact Customer Service below at 'Contact Us'.
Mrs Julia Evans

Posts: 643
Registered: 05/22/16
Re: Received 40 cents out of 45 dollars of Japanese Royalty
Posted: Oct 24, 2017 11:09 PM   in response to: Sheila Marie in response to: Sheila Marie
 
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Sheila Marie,

Sorry to be the bearer of bad news, but Donna was right with her second point. The 45 you refer to is not dollars, it's Japanese Yen, and at today's exchange rate, 45 Yen does equate to roughly 40 cents.

Hope that helps. J
Notjohn

Posts: 22,982
Registered: 02/27/13
Re: Received 40 cents out of 45 dollars of Japanese Royalty
Posted: Oct 25, 2017 3:36 AM   in response to: Mrs Julia Evans in response to: Mrs Julia Evans
 
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45 Yen does equate to roughly 40 cents.

I'd better raise my prices again! I've always figured one yen, one penny.

(Don't trust KDP to publish a print edition. Don't trust CreateSpace to publish an ebook.)

Good luck! -- NJ

Notjohn's Guide to E-Book & Print Formatting

The blog:
http://notjohnkdp.blogspot.com
Joseph M Erhardt

Posts: 4,458
Registered: 12/21/15
Re: Received 40 cents out of 45 dollars of Japanese Royalty
Posted: Oct 25, 2017 5:50 AM   in response to: Notjohn in response to: Notjohn
 
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I'd better raise my prices again! I've always figured one yen, one penny.

Be glad you don't have to deal with kopecks. :)
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