Invoiced Order?


#1

On the NEW d*#@blasted payment report we see a separate calculation for “invoiced orders”

What is an invoiced order & how does it differ from an order

Working on AM is a lot like being out in the “white caps” in a row boat…something different every few seconds


#2

Introducing Pay by Invoice with Guaranteed Payments
As previously announced, we are now offering Amazon Business customers the “Pay by Invoice” payment method. Pay by Invoice gives qualified Amazon Business customers the option to receive an invoice with an extended payment due date. Pay by Invoice represents a new growth opportunity for sellers by encouraging Amazon Business customers to use the Amazon Marketplace as their primary channel for B2B purchases.

What does this mean for you?
As a seller on Amazon, you do not need to do anything to make your items available for purchase by Amazon Business customers using Pay by Invoice. Your products will automatically become available for invoiced purchasing with no added fees or effort. Amazon will handle all aspects of the invoicing process, including credit risk assessment, billing, and collection activities. For all Pay by Invoice transactions, payment to you is guaranteed, even if the Amazon Business customer is late or defaults on their payment to Amazon.

For any invoiced orders that you receive on Amazon, your payment on these orders will be credited to the available balance of your Selling on Amazon account as soon as the customer payment is processed and no later than the 7th day past the due date of the customer’s invoice.

Get Paid Faster
We are also launching the ability for you to “Get Paid Faster” for invoiced orders. With this feature, your payment for Pay by Invoice orders will be credited to the available balance of your Selling on Amazon account immediately after shipment for a processing charge of 1.5% of the invoiced order amount. To take advantage of this option, change your invoiced order payment settings to get paid faster for all your future invoiced orders.

The invoiced order payment process is in effect starting today, August 8, 2018, although it may take longer to receive your first invoiced order due to the limited number of Amazon Business buyers qualified for Pay by Invoice.


#3

If you remember, there were already two separate payment sections on the page – Amazon simply renamed them to identify which is which.

  • Amazon Payments --> Standard Orders
  • Amazon Services LLC --> Invoiced Orders

Where the funds from the sale appear, depends on the method of payment from the buyer. If paying the traditional way, those funds showed under Amazon Payments (now called Standard Orders). If paying with net 30 terms with Amazon (usually business buyers or those with business buyer accounts with terms offered by Amazon), those funds showed under Amazon Services LLC (now called Invoiced Orders).

This is how Amazon explains it:

“You may see that Amazon’s payments to your bank account come from one or more sources. In the case of transactions for which buyers agree to pay on or prior to the shipment of goods or completion of services, payments are made from Amazon Payments, Inc. In the case of transactions for which buyers agree to pay after the shipment of goods or completion of services, payments are made from Amazon Services LLC.”

So, nothing different about how funds are applied to your seller account other than the words used to describe both payment options a buyer can use to purchase.


#4

Thanks for your reply…no wonder we got payment in our account after it cleared & we hadn’t sold another item yet


#5

Thanks MD…glad to here from you


#6

I had the same question! Thank you posters for the thorough answer.


#7

i had the same confusion glad i know this now.


#8

Can’t beat the seller forum…awesome insight & advice…AM will probably change it shortly, since it so helpful


#9

Correct me if I am wrong but this looks like it means it could take up to 5 weeks for the money for these orders to credited to your Amazon account?


#10

Yes, it does mean that. If your sales are anything like ours, this might come to maybe 8% of your total take.

The flipside is that, in theory, this gets you more business from companies who find it easier to buy via purchase order.

bunga bunga!


closed #12

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