When will FBA Amazon pay me after all my products have been sold?
It’s been a while now since I had all my products sold via FBA Amazon but, haven’t received any pay. Amazon keeps deducting my debit card every week…I don’t understand. Thanks for helping.
35 replies
Seller_BS5lg2keRs2QO
Your “statement view” will give you that info if you look at the links around the “unavailable balance”. Essentially Amazon hold some funds to allow for any refunds.
Are you sure you’re making money after fees?
Seller_KZJ7aAVpsUY6f
Yeah am sure I will make money after fees…unless Amazon takes all…which I think it’s unbelievable! Actually my first FBA Amazon items worth £300 when selling…so even if Amazon will take their fees, are they gonna take the whole £300? So what will be the point of doing business if you are just selling for someone else to take it?
I check and there is no unavailable balance…all I keep seeing every week is an amount to be charged on my direct debit…don’t understand.
Seller_KZJ7aAVpsUY6f
On statement view, I can read " amount £5.62 scheduled to be charged on the the 24th May…£9… Was charged today…but on my seller app…I have been seeing “next payment is…” But actually it’s direct debit…not payments…I don’t understand
Seller_xDtaDZ1Iek9Fq
have you still got advertising running? What does summary page say on Account said… That should give you a list of dates and what is due to be disbursed etc…
Also have you downloaded the sales report?
Seller_6sxtIS0RbZ5k7
On your FBA inventory page, if you have the ‘fee preview’ column visible it should look like this and will show you what Amazon are taking per sale (plus VAT)
Is the figure for yours more than you are charging per item?
Seller_iBrSIJDZKlsXi
By the sound of it, it looks like you have incorrectly calculated your costs and you are selling at immediate loss…
It looks like selling fees along with the fulfilment fees are totalling MORE than your selling price, leaving you with a loss on every sale, and thats why Amazon is charging you some money every 2 weeks.
You need to stop selling for a second and re-calculate the prices and costs…
For that you need :
1: Your sale price (for argument sake we will assume you sell for £10)
2: Selling fees collected by Amazon (usually 15%)
3: Fulfilment fees for FBA (you can find those in your inventory, or if you dont know how, then you can find an email from any sale of your item, where Amazon provides breakdown of their fees)
4: Cost of the purchase of the product from your supplier.
5: Tax from sale
6: VAT from sale (if you are VAT registered)
So the calculations are as follow: 1 - 2 - 3 - 4 - 5 - 6 = X
If the X is greater than 0 you are ok, if is 0 or goes to minus, it means you need to rise the price (dont forget to correct your calculations for number 2, 5 and 6 from your calculation as they go up with the selling price)
Hope this will help
Seller_KZJ7aAVpsUY6f
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That means I have lost everything then…it was my first experience and I only match the lowest price…I sold one of the items already sold on Amazon prime and I just literally matched the same price…that means I won’t get nothing then…so the other seller gets nothing as well? Ok I will try to increase the price next time…I will take it as a lost this time…
Thanks…the information really helped, thank you
Seller_1w4tfxFvWLUgu
Hello There
Amazon are holding payments even though it states you can take payment yourself every 24 hours providing you have money in your account, but its not working I have got to wait now for my next payment until the 30th may so I haven;t had a transfer for nearly a month, its financially crippling, i can see Amazon are hanging on to almost £300 of my money, how do Amazon expect us to survive, and buy new stock, pay ourselves, Amazon have got it so wrong. also it takes 5-7 days before it gets to your bank account.
with Ebay you get paid straight away why can’t Amazon do the same they must have millions in there holding account.