When you’re selling to other business customers (B2B) on Amazon, your buyers may be using Amazon’s Pay By Invoice. Pay by Invoice allows qualified Amazon Business customers to make purchases on Amazon and receive billing invoices for their orders. Amazon Business customers who have access to Pay by Invoice have terms such as net 30 that determine when their invoices are due (30 days after bill date in case of net 30). You can read more directly on Amazon here.
In your Amazon Seller Central account, you will see these orders in the Invoiced Orders tab. Unpaid Invoiced Orders will show up in Open Invoices.
When you have an Open Invoice that is unpaid, it will be added to the Open Invoices tab.
As an added feature, you can now choose to turn on Instant Access for your Open Invoices and get paid the next day on unpaid orders. This keeps your cash flow consistent and you’re not waiting for payment on these orders for 30+ days. A 1.5% fee will be applied on the net sales.
Once the buyer pays for their order, Amazon will add it to your Statement View, and the Transaction View. All orders in the Statement View will usually follow the regular bi-weekly payment cycle. When this happens, Payability will advance the 14-day statement period and charge your regular Payability fee.
If you have enabled Instant Access for Invoiced Orders, this will look as follows In your Payability Dashboard:
- 01/29/2019: The UNPAID order is being advanced the day it is marked shipped. Fee of 1.5% on the net amount is assessed.
- 02/28/2019: The buyer pays for the order, so there is a chargeback to net out the initial advancement from 1/29/19.
- 02/28/2019: The paid order is advanced again for the regular Amazon statement. The regular Payability fee is assessed on the Total Product Charges (gross sale amount).
If you wish to get paid faster for shipped, unpaid orders, contact email@example.com to opt into this feature.
You can read more directly on Amazon's help center here.