Seller's financial statement
Dear sellers, in this lesson, you will learn about information about JUMIA’s payment to vendor.
I. Notes to payment to vendor
1. Method of payment to vendor:
currently the shops at each site of Jumia (direct mail and overseas warehouse) only support payment to vendor’s Payoneer account. (About how to bind Payoneer account)
2. Cycle of payment to vendor:
twice in every month (usually make payment on the 5th-7th day after the end of each billing cycle)
3. Conditions for payment to vendor:
whether payment to vendor can be made normally depends on the following conditions
a. The back stage of the site of shop has bound with Payoneer account
b. There’s amount of payment on behalf of others in back-stage bill
二. How to check the bill
Bill status: check whether the payment to vendor has been made and the specific time of payment to vendor
Path: Reports >> Account Statements, to check bill information
The status of bill in each period can be checked by the color mark after the bill:
1. Grey means the bill in current period is already open, and waiting for payment to vendor
2. Green means the bill in current period has completed payment to vendor
3. Yellow means the bill in current peirod hasn’t made payment to vendor yet
Details about bill deduction are as follows
