07 Sep 2010
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How often are authors paid?
How often are authors paid?
Solution
Authors are paid on the 15th of each month when their royalty balance meets or exceeds $25. If the balance doesn't meet that threshold, it is carried over into the following months until that amount is met.
A pay period includes all sales made on the Virtualbookworm.com booksite for the following month. However, it takes 90 days from the close of a period for us to receive royalties from outside sales. Therefore, on Feb. 15, we would send you a check (as long as the balance exceeds the $25) for all books sold on the Virtualbookworm site from Jan. 15 to Feb. 14. For all books sold in January through the distributor and outside sites, royalties would be added to your balance in May.
Article Details
Article ID:
50
Created On:
02 Oct 2007 12:13 AM
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