How to Track and Report Amazon Seller Royalties?
How to Track and Report Amazon Seller Royalties? For many Amazon sellers, especially those involved in publishing books, creating digital content, or selling private-label products under licensing agreements, royalties form an essential part of their income. Unlike traditional product sales, royalties are earnings based on intellectual property rights, and tracking and reporting them correctly is vital for both financial transparency and tax compliance. Whether you're a Kindle Direct Publishing (KDP) author or a seller earning royalties through licensing deals, understanding how to manage these payments is key to your success. Understanding Royalties on Amazon Royalties are payments made to you as the creator, owner, or licensee of intellectual property. On Amazon, this commonly applies to authors publishing through KDP, artists selling designs via Merch by Amazon, or businesses with private-label agreements. Royalties are typically calculated as a percentage of each sale and paid ...