Will earnings be paid for May?

Envato Authors AudioJungle
21

Is there a minimum payout amount?

There is a $50 minimum payout amount (for each of the payout methods). If you don’t reach the $50 minimum within the month, Envato will withhold your monies until you reach the minimum.

1 Like
23

Assumed he hasn’t reached the minimum amount within the 6+ months, so the payment would be processed without the limit.

24

Question:
On June 3, the account had $60.
After June 4, the account has $20.

  • $
    1
    40 dollars - not enough for withdrawal.
    Then why don’t I have $60 in my account?
    2
    21028×425 46.2 KB
25

As far as I understand your $40 will return to your account on 8th or payout day of this month. Please check the main thread from Ben there you will get more info/update.

2 Likes
26

Thanks!
Regards,
JS

27

What is the need for such things? Let our earnings be before our eyes.

2 Likes
28

Hi @OnDiMusic. This change really just gives some more transparency on the payment process: previously you would only have seen a transfer our of your Earnings total at the start of the month, and then a total sent on Payout day.

For earnings, the main changes look like this:

  • Earnings accumulate throughout the month from Envato Market sales
  • At the start of the month, all of the Earnings total for the previous month is taken out, when Market Earning Summaries are generated
  • Around the 8th of the month, this total is added to your Market Balance
  • On payout day (usually the 15th), the Market Balance is paid out if it is $50 or more.

This also speeds up the process of getting funds back to your account, from any returned transaction (e.g. failed transfers). These now automatically go back to your Balance, as soon as they are received.

If your account has less than $50 in sales for the month, the Earnings total is still moved across to the Market Balance.

On payout day, all accounts that meet the minimum payment threshold will be paid. Accounts with a Balance below $50 will retain that balance, and the next month’s Earnings will be added to this.

@johnscofield We run a balance transfer for a complete calendar month, so in your case we’ve transferred the $40 from your May earnings. That process will normally run on the 1st, but it was delayed by a few days this month. Earnings that come from sales during June will be transferred at the start of next month, as they’ll appear on your June statement.

The May earnings will appear on your Market Balance at the end of this week. If that Balance is below $50 when the payment run is processed (Monday 17th), those funds will remain in your Balance.

5 Likes
29

Hi, BenLeong !

Thanks for the detailed answer.
I already understood, but thanks anyway for your promptness!

The Best Regards,
JS