Faire Net 60 and payouts: next day, 30 or 60 days? How to book it, and why your 1099-K won't match
Faire's 60-day terms are for retailers; brands get paid on the schedule they choose, at 3.5%, 2.4% or 1.9% plus $0.30 per order for North American brands. Book revenue at gross wholesale value with fees separate; the 1099-K counts orders shipped and paid out in the year, including shipping.
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