AbeBooks Payment Schedule

An example payment schedule for one month has been included below.  This chart shows when the bookseller reporting tools will be updated, when payment notification e-mails will be sent, and when booksellers can expect to receive payment.

To view more information about how payments are calculated, please click here.

 

Monday

Tuesday

Wednesday

Thursday

Friday

Saturday

Sunday

Week 1

Daily report updated

Daily report updated

Daily report updated

Daily report updated

o   Monthly Actions:

o   Payment A calculated and created

o   Monthly statement e-mailed

o   Credit cards charged for balances owing

o  Downloadable report made available
 

o   Current Account Activities Report updated

o   Statement summary and details available online

Daily report updated

Daily report updated

Week

2

Daily report updated

Daily report updated

Daily report updated

Daily report updated

o   Payment B calculated and created

o   Current Account Activities Report updated

Daily report updated

Daily report updated

Week

3

Daily report updated

Daily report updated

Daily report updated

Daily report updated

o   Payment A deposited by bank (Varies bank to bank.)
 

o   Payment C calculated and created

o   Current Account Activities Report updated

Daily report updated

Daily report updated

Week

4

Daily report updated

Daily report updated

Daily report updated

Daily report updated

o   Payment B deposited by bank

o   Payment D calculated and created

o   Current Account Activities Report updated

Daily report updated

Daily report updated

 

Payment Details

Your payment is calculated based on the following:

Your list price:  The price you associated with your book and uploaded to AbeBooks. Note: The amount will be in the currency that you are billed by AbeBooks, not the currency that you upload your prices in, if the two are different.  For instance, if you are a Canadian bookseller and your inventory is uploaded with prices in CAD (Canadian Dollars), the amount displayed will be USD (United States Dollars) because that is the currency AbeBooks will bill you in.

Markup:  Amount added your list price when  inventory is uploaded to reseller program sites.

Shipping Increment:  The additional shipping reimbursement provided for international shipments for a reseller program.

Shipping:  The shipping you charge the buyer (as set in your shipping matrix) or the shipping reimbursement for a reseller program sale.

Gross Payable:  The total of your list price, the markup value and shipping/shipping increment.

For more information, please see our Help for the Sales Details Report.

See Also:

Comparison of the Old and New Payment Schedule