Why does it take so long for Bennett Media & Marketing to post sales from Ingram or other retail bookstores?
All companies have a month-end close process to collect and validate financial information including Bennett Media & Marketing. At the close of each month, Bennett Media & Marketing collects sales and printing information from each of our business partners. We then consolidate book orders and book sales with printing information to make sure that every single printed copy is accounted for. We consolidate sales from many different sources into a single monthly statement for each author. This process can take more than four weeks. The sales statements are not final yet because information posts to them as it is received. We always strive to post sales statements as quickly as possible, but it takes up to 90 days to post statements due to our royalty payout schedule.