This is very strange, but we were supposed to migrate to the DD+7 payment schedule on March 12th and nothing happened. Amazon just disbursed our entire normal paycheck today (March 14th) with no reserve settings as usual. Has anyone heard what’s going on with this? There is one thread on the Amazon Seller Forums and this has happened to some other sellers. I wonder if there’s a glitch with the rollout. It’s hard to plan cash flow and inventory purchases with looming payment uncertainty.
And when Amazon eventually initiates DD+7, has anyone had any luck requesting the “Disbursement on Demand” option added to their account? Amazon has told us that it’s automated in the system and they can’t “override” that.
We’ve been on a 2 week payment schedule since we started 12 years ago and it’s unfair that we wouldn’t qualify for the “Daily Disbursement” option considering the DD+7 change, our sales history and ACH score. Thanks in advance for everyone’s input.
There have been more than a few reports, in the NSFE & elsewhere, that SeSu has told other 3P Sellers the same thing, but once their SoA Accounts were actually migrated to DD+7, the Disburse on Demand functionality was automatically enabled.
I’m pretty much convinced that no one at Amazon has the faintest clue about what is going on with this. Some people reporting massive changes; others (like me) see no changes, but didn’t get the money we expected (from sales prior to the date). Others seeing all or some funds moved into various categories.
And any response I’ve seen on the NSFE from mods has been anything BUT enlightening.
When you are transitioned to DD+7, your next distribution of funds will be $0.00 and the next day all of the funds you were due will show up as your Beginning Balance.
And if you were not grandfathered in, you will now also see that you now have the ability to Request Payment for any amount currently in the Funds Available column.
So you’re saying Disbursement on Demand will now be available for everybody with the DD+7 migration? I hope so, we were planning on an extended 3-4 week hold for sales. Thanks for your input.
Yes, however we are waiting until for the first distribution after the withheld distribution before we use it. That way we will know if we got all of the money withheld (minus shipping costs and professional fee charged during the first period after the withheld period).
We wouldn’t change that plan as that is basically what we are doing now.
Thanks for the clarification. That makes things a little more palatable if we get the Daily Disbursement option now. And good idea on waiting. We will hold our current course.
