Let’s kick off our “Keep Learning at Seller University” series with a popular topic - payments! You’ll learn how to review payments, sales, expenses, refunds, deferred transactions, and other settlement information using the Payments Dashboard in Seller Central.

Here are a few highlights from this 10 minute video tutorial:

• Amazon settles seller accounts every 2 weeks. We take your beginning balance, add your sales, subtract expenses, adjust for any refunds, and then transfer payment to you after withholding an amount in reserve. The reserve amount becomes your beginning balance for your next settlement period.
• To locate payment reports, open the Seller Central main menu > Reports > Payments
• The Statement View section of your Payments Dashboard provides details on total balance, funds available, recent payouts, standard orders, invoiced orders, deferred transactions, and specific Settlement Periods.
• The Transaction View lets you locate and view specific orders, refunds, expenses, and other Amazon-initiated charges and credits.
• Disbursements will show the amount paid out to you in each settlement period as well as the status of your payouts. Note that when your payout status is listed as “Done,” it can take up to five business days for funds to appear in your bank account.

We hope you learned something new at Seller University today!

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