Bookshelf | Reports | Community | KDP Select

Home » Amazon KDP Support » Publisher Support » Payment Issues

Thread: How payments work.


Reply to this Thread Reply to this Thread Search Forum Search Forum Back to Thread List Back to Thread List

Permlink Replies: 46 - Pages: 4 [ 1 2 3 4 | Next ] - Last Post: Jul 30, 2012 7:47 AM Last Post By: wardwebb
serenityvalley

Posts: 103
Registered: 01/10/12
How payments work.
Posted: Mar 25, 2012 8:14 PM
Click to report abuse...   Click to reply to this thread Reply
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.
writersteveburke

Posts: 1
Registered: 12/18/11
Re: How payments work.
Posted: Mar 26, 2012 1:14 PM   in response to: serenityvalley in response to: serenityvalley
Click to report abuse...   Click to reply to this thread Reply
My book has been selling since late December, so this topic is something I've been wondering about lately.

You've answered my questions quite clearly. Thanks!

Steve
chasmmm

Posts: 1
Registered: 03/27/12
Re: How payments work.
Posted: Mar 27, 2012 8:10 AM   in response to: serenityvalley in response to: serenityvalley
Click to report abuse...   Click to reply to this thread Reply
Concerning payment from the non-USA Amazon markets--is the payment threshold for checks the monetary equivalent of $100 (USD), or is it 100 of whatever currency applies in each amazon store?
marns26

Posts: 288
Registered: 01/20/09
Re: How payments work.
Posted: Mar 27, 2012 11:37 AM   in response to: serenityvalley in response to: serenityvalley
Click to report abuse...   Click to reply to this thread Reply
Now, if only we could make this a sticky.
alfq

Posts: 6
Registered: 01/19/12
Re: How payments work.
Posted: Mar 27, 2012 12:35 PM   in response to: serenityvalley in response to: serenityvalley
Click to report abuse...   Click to reply to this thread Reply
Why can't I, as a New Zealand Citizen, have the option of Direct Debit into my bank in NZ. To wait for a check, will probably take 10 years.?
j4nruth

Posts: 9
Registered: 02/07/11
Re: How payments work.
Posted: Mar 28, 2012 4:15 AM   in response to: serenityvalley in response to: serenityvalley
Click to report abuse...   Click to reply to this thread Reply
Okay so do the check payments arrive automatically, or does one have to request them or do something to allow this to happen?
galleygirl

Posts: 27
Registered: 02/11/11
Re: How payments work.
Posted: Mar 28, 2012 6:46 AM   in response to: serenityvalley in response to: serenityvalley
Click to report abuse...   Click to reply to this thread Reply
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?
lyricj55

Posts: 1
Registered: 03/30/12
Re: How payments work.
Posted: Mar 30, 2012 5:48 AM   in response to: serenityvalley in response to: serenityvalley
Click to report abuse...   Click to reply to this thread Reply
Thanks! I was just wondering about this. :-)
serenityvalley

Posts: 103
Registered: 01/10/12
Re: How payments work.
Posted: Mar 31, 2012 4:41 PM   in response to: j4nruth in response to: j4nruth
Click to report abuse...   Click to reply to this thread Reply
The checks are cut and mailed automatically and sent to the address you have on file in your Amazon KDP account.
ninalim

Posts: 4
Registered: 04/01/12
Re: How payments work.
Posted: Apr 1, 2012 1:05 AM   in response to: serenityvalley in response to: serenityvalley
Click to report abuse...   Click to reply to this thread Reply
Hello, this may come as a silly question but I am new here and want to make sure.

What does Amazon consider the end of the payment month? (is it the actual end of the month, or the 15th of every month, or something to that effect?)

And can you ever see your day to day sales, or can you only view sales on a weekly basis?

so far I have only been able to see my sales every Sunday night.

Ok. Thank you!!!

  • Nina
talespinner33

Posts: 3
Registered: 10/03/11
Re: How payments work.
Posted: Apr 1, 2012 7:15 AM   in response to: serenityvalley in response to: serenityvalley
Click to report abuse...   Click to reply to this thread Reply
I have a question concerning royalty rates. Why is it that on a single title that is priced at $3.99 in the US Amazon store, some of my sales are paid at 35% and some are paid at 70%?

Anybody else understand this?
bibliophile67

Posts: 224
Registered: 08/27/11
Re: How payments work.
Posted: Apr 1, 2012 10:31 AM   in response to: talespinner33 in response to: talespinner33
Click to report abuse...   Click to reply to this thread Reply
Yes, it has to do with the territories that the books are sold in. For example, a book bought in Australia/New Zealand from Amazon.com would get the lower, 35% rate.

It's in the documentation--they tell you about it in the Bookshelf area when you edit book details.

But it has a lot of people puzzled, that's for sure.
serenityvalley

Posts: 103
Registered: 01/10/12
Re: How payments work.
Posted: Apr 1, 2012 8:44 PM   in response to: ninalim in response to: ninalim
Click to report abuse...   Click to reply to this thread Reply
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 :)
pkrossetti

Posts: 1
Registered: 08/27/11
Re: How payments work.
Posted: Apr 2, 2012 8:53 PM   in response to: serenityvalley in response to: serenityvalley
Click to report abuse...   Click to reply to this thread Reply
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?
ninalim

Posts: 4
Registered: 04/01/12
Re: How payments work.
Posted: Apr 4, 2012 3:41 AM   in response to: pkrossetti in response to: pkrossetti
Click to report abuse...   Click to reply to this thread Reply
Thanks a lot! That definitely clears up a lot of confusion. So I guess I'll just have to wait until April 15th to view last months sales... :(
Cheers!
Legend
Helpful Answer
Correct Answer

Point your RSS reader here for a feed of the latest messages in all forums