Wednesday, August 25, 2010

New iTunes Connect Payments and Financial Reports Module


Apple has announced a new Payments and Financial Reports module in iTunes Connect.

This new module provides you with details on all financial reports and payments. From a dashboard view, you can quickly obtain information including last payment, amount owed, latest monthly earnings, a rolling transaction history, unit sales, and payment trends.
Apple has also made significant updates to how app payments will be processed and how they are presented on iTunes Connect, including:

● Reduction in the thresholds required to be paid, increasing the frequency you will receive proceeds.
● A consolidated single monthly payment for all your proceeds worldwide, reducing bank fees and costs.
● Clearer presentation of amounts earned, amounts owed, and a reconciliation between the reported sales and the amounts paid.

For more information see the iTunes Connect Payments & Financial Reports Guide available from the Payments and Financial Reports module in iTunes Connect.
iTunes Connect