This isn't a question, but rather a cut and dry on how payments are made. Posting this for any newcomers who may be as confused as I was.
[b]IF[/b] you are signed up for direct deposit, what Amazon owes you in royalties(has to be at least $10 bucks) will arrive sixty days after the close of the month. For example, we are soon to be paid for our earned royalties for the month of Jan(check the reports section for the amount coming to you). Again, if you are not owed at least $10, you will not see a dime. Instead, it carries over until you hit the $10 barrier.
[b]IF[/b] you are signed up for paper check payments, all of the above applies EXCEPT you will have to hit the $100 barrier rather than $10.
I hope this helps someone out there, I know it would have helped me long ago.
Do we have to request payment? I have well over $100 in net revenue and yet haven't received a dime. I'm in Canada and have an ITIN, so no withholding fees.All account paperwork is correctly filled in and submitted. So, how do I get my money?
Nina, yes it is based on the end of the month(as in final day). However, the actual report that reflects what you should have coming to you isn't generated until the 15th of the follwing month. For example, April 15th will generate a detailed sales report for March and let me know what I can expect to be paid at the end of May. Hope that helps
I just got my first royalty check and noticed an $8.00 "check processing fee" had been deducted from my payment. I am surprised this is not included in Amazon's share of the gross price, but I am wondering if this fee is also deducted if you choose direct deposit?
My royalties were less than $100, so is the charge assessed based on that threshold?