--- title: Understanding your statements description: "You receive two types of financial documents from Wolf & Badger: These are formal records of your monthly transactions, outlining the payments due to and from you. Invoices are issued around the 18th" --- [Skip to content](https://kb.wolfandbadger.com/-understanding-your-statements#main-content) English Show submenu for translations - Open main navigation Close main navigation - - English Show submenu for translations - [Visit your Brand Dashboard](https://www.wolfandbadger.com/dashboard-beta/) [Visit your Brand Dashboard](https://www.wolfandbadger.com/dashboard-beta/) How can we help? - There are no suggestions because the search field is empty. 1. [HELP CENTRE](https://kb.wolfandbadger.com/?hsLang=en) 2. [Reports & Payments](https://kb.wolfandbadger.com/reports-payments?hsLang=en) 3. [Statements & Sales Reports](https://kb.wolfandbadger.com/reports-payments?hsLang=en#statements-sales-reports) # Understanding your statements ### **Understanding Your Invoices** ### **💡 Overview** You receive two types of financial documents from Wolf & Badger: - **Self-Billed Invoices** - **Fee Invoices** These are formal records of your monthly transactions, outlining the payments due to and from you. --- ### **📅 When You Receive Invoices** Invoices are issued around the **18th of each month**, covering all relevant activity from the **previous calendar month**. For example: - An invoice issued on **18th February** will include orders and returns processed between **1st and 31st January**. Payments (if applicable) are made **on or before the 21st** of each month. You can view and download invoices in your dashboard under: **Data & Reports →** [**Payment Invoices**](https://www.wolfandbadger.com/dashboard/reports/) ![](https://kb.wolfandbadger.com/hs-fs/hubfs/undefined-Oct-17-2025-07-43-02-0514-AM.png?width=274&height=254&name=undefined-Oct-17-2025-07-43-02-0514-AM.png) --- ### **🌍 One Invoice Per Region** You will receive **separate invoices** for each Wolf & Badger legal entity that applies to your sales: | **Entity** | **Covers** | | --- | --- | | Wolf & Badger AU Pty Ltd | Online sales to Australian customers | | Wolf & Badger NY LLC | In-store sales at the New York store | | Wolf & Badger US Inc. | Online sales to US customers | | Wolf & Badger EU Ltd | Online sales to EU customers | | Wolf & Badger Ltd | Online sales to UK and Rest of World customers, and in-store sales at the London store | | Wolf & Badger CA LLC | In-store sales at the Los Angeles store | --- ### **📦 Self-Billed Invoice** The **Self-Billed Invoice** details all completed orders and the associated deductions: - Covers **all regions** - Includes: order sales, discounts, commission, transaction fees, and operations fees - Shows the **Effective Price** which is the order chargeable value less any sales, commission, transaction and operations fees #### **🧾 How It Works:** Wolf & Badger acts as an **undisclosed agent** - customers buy from us, not directly from you. We handle invoicing and collect VAT at the point of sale, which we remit to the authorities. You don’t need to account for this VAT separately. Remember:  - Orders are billed on **shipped date** - Returns are billed based on **returned date** #### **💸 Fee Structure:** - **Commission & transaction fees**: % of the chargeable price - **Operations fees** (e.g., for shipping or store fulfilment): flat rate per order/item --- ### **💳 Fee Invoice** This is replacing the previous *‘Commission’* Invoice. The main difference between the Commission and Fee Invoice is that the Fee Invoice is no longer the place for reporting any brand sales proceeds. This means that the Fee Invoice is now a standard invoice format, where positive values represent the fees that are owed **to** Wolf & Badger. Any negative values in the Fee Invoice represent amounts that are owed **from** Wolf & Badger to the brand. The **Fee Invoice** includes: - **Returns fees**: shipping costs for customers returning items to you - **Non-fulfilment fees**: for declined orders - **Recharged operations fees on returned items**: to cover the initial outbound shipping cost, charged separately to the Self-Billed Invoice due to accounting rules You’ll also see: - **Brought forward and carried forward adjustments** for returned items and their associated fees --- ### **🔄 Adjustments** - If a return occurs between the end of the invoiced month and the invoice issue date (1st–17th), it will appear as: - A **carried forward adjustment** in the current invoice - - A **brought forward adjustment** in your next invoice, to prevent duplicate deductions --- ### **💰 Final Payment Amount** You receive one consolidated payment per month, which equals: **Total sales – fees – adjustments – VAT (if applicable)** You can calculate your final consolidated monthly payment amount for each reporting entity from your dashboard by doing the below: **Self-billed Invoice Totals - Fee Invoice Totals = Payment Amount**   - [Getting Started](https://kb.wolfandbadger.com/getting-started?hsLang=en#main-content) - [Profile & Account Details](https://kb.wolfandbadger.com/getting-started?hsLang=en#profile-account-details) - [Products & Stock Details](https://kb.wolfandbadger.com/getting-started?hsLang=en#products-stock-details) - [Dashboard](https://kb.wolfandbadger.com/dashboard?hsLang=en#main-content) - [Account](https://kb.wolfandbadger.com/dashboard?hsLang=en#account) - [Profile](https://kb.wolfandbadger.com/dashboard?hsLang=en#profile) - [Products](https://kb.wolfandbadger.com/dashboard?hsLang=en#products) - [Stock Levels](https://kb.wolfandbadger.com/dashboard?hsLang=en#stock-levels) - [Promotions](https://kb.wolfandbadger.com/dashboard?hsLang=en#promotions) - [Sizing](https://kb.wolfandbadger.com/dashboard?hsLang=en#sizing) - [Analytics](https://kb.wolfandbadger.com/dashboard?hsLang=en#analytics) - [Membership](https://kb.wolfandbadger.com/dashboard?hsLang=en#membership) - [Integrations](https://kb.wolfandbadger.com/dashboard?hsLang=en#integrations) - [Other](https://kb.wolfandbadger.com/dashboard?hsLang=en#other) - [Products](https://kb.wolfandbadger.com/products?hsLang=en#main-content) - [Product Uploads](https://kb.wolfandbadger.com/products?hsLang=en#product-uploads) - [Product Description Guide](https://kb.wolfandbadger.com/products?hsLang=en#product-description-guide) - [Images](https://kb.wolfandbadger.com/products?hsLang=en#images) - [Sizing Section](https://kb.wolfandbadger.com/products?hsLang=en#sizing-section) - [Colours, Sizes, and Variants](https://kb.wolfandbadger.com/products?hsLang=en#colours-sizes-and-variants) - [After Submitting](https://kb.wolfandbadger.com/products?hsLang=en#after-submitting) - [Product FAQs](https://kb.wolfandbadger.com/products?hsLang=en#product-faqs) - [Shopify Integration](https://kb.wolfandbadger.com/shopify-integration?hsLang=en#main-content) - [Getting Started With Shopify](https://kb.wolfandbadger.com/shopify-integration?hsLang=en#getting-started-with-shopify) - [Managing Your Connection](https://kb.wolfandbadger.com/shopify-integration?hsLang=en#managing-your-connection) - [Importing & Linking Products](https://kb.wolfandbadger.com/shopify-integration?hsLang=en#importing-linking-products) - [Troubleshooting & FAQs](https://kb.wolfandbadger.com/shopify-integration?hsLang=en#troubleshooting-faqs) - [Shipping & Returns](https://kb.wolfandbadger.com/shipping-returns?hsLang=en#main-content) - [Shipping FAQs](https://kb.wolfandbadger.com/shipping-returns?hsLang=en#shipping-faqs) - [Returns](https://kb.wolfandbadger.com/shipping-returns?hsLang=en#returns) - [Labels](https://kb.wolfandbadger.com/shipping-returns?hsLang=en#labels) - [DHL/UPS](https://kb.wolfandbadger.com/shipping-returns?hsLang=en#dhl-ups) - [Order Delays](https://kb.wolfandbadger.com/shipping-returns?hsLang=en#order-delays) - [Lost/Damaged Orders](https://kb.wolfandbadger.com/shipping-returns?hsLang=en#lost-damaged-orders) - [Specific Location Advice](https://kb.wolfandbadger.com/shipping-returns?hsLang=en#specific-location-advice) - [Community, Marketing, Webinars & Events](https://kb.wolfandbadger.com/community-marketing-webinars-events?hsLang=en#main-content) - [PR & Marketing](https://kb.wolfandbadger.com/community-marketing-webinars-events?hsLang=en#pr-marketing) - [Wolf & Badger's Social Media](https://kb.wolfandbadger.com/community-marketing-webinars-events?hsLang=en#wolf-badgers-social-media) - [In-Store Events](https://kb.wolfandbadger.com/community-marketing-webinars-events?hsLang=en#in-store-events) - [Webinars](https://kb.wolfandbadger.com/community-marketing-webinars-events?hsLang=en#webinars) - [Reports & Payments](https://kb.wolfandbadger.com/reports-payments?hsLang=en#main-content) - [Payments](https://kb.wolfandbadger.com/reports-payments?hsLang=en#payments) - [Statements & Sales Reports](https://kb.wolfandbadger.com/reports-payments?hsLang=en#statements-sales-reports) - [Membership Fees & Invoices](https://kb.wolfandbadger.com/reports-payments?hsLang=en#membership-fees-invoices) - [Pricing](https://kb.wolfandbadger.com/reports-payments?hsLang=en#pricing) - [Company Information & Taxes](https://kb.wolfandbadger.com/reports-payments?hsLang=en#company-information-taxes) - [Sustainability & Ethics](https://kb.wolfandbadger.com/sustainability-ethics?hsLang=en#main-content) - [Getting started with the 'Guarantees'](https://kb.wolfandbadger.com/sustainability-ethics?hsLang=en#getting-started-with-the-guarantees) - [Happy Worker & Ethical Sourcing Guide](https://kb.wolfandbadger.com/sustainability-ethics?hsLang=en#happy-worker-ethical-sourcing-guide) - [Guides for our 'Guarantees'](https://kb.wolfandbadger.com/sustainability-ethics?hsLang=en#guides-for-our-guarantees) - [Greenwashing Guidelines](https://kb.wolfandbadger.com/sustainability-ethics?hsLang=en#greenwashing-guidelines) - [Policies & Guidance](https://kb.wolfandbadger.com/sustainability-ethics?hsLang=en#policies-guidance) - [Our Retail Stores](https://kb.wolfandbadger.com/our-retail-stores?hsLang=en#main-content) - [Delivery & Retrieval](https://kb.wolfandbadger.com/our-retail-stores?hsLang=en#delivery-retrieval) - [Store Membership](https://kb.wolfandbadger.com/our-retail-stores?hsLang=en#store-membership) - [Delivery Note](https://kb.wolfandbadger.com/our-retail-stores?hsLang=en#delivery-note) - [Products In Store](https://kb.wolfandbadger.com/our-retail-stores?hsLang=en#products-in-store) - [Merchandising & Inventory](https://kb.wolfandbadger.com/our-retail-stores?hsLang=en#merchandising-inventory) - [Webinars](https://kb.wolfandbadger.com/webinars?hsLang=en) - [Retail Media](https://kb.wolfandbadger.com/retail-media?hsLang=en) - [![Chill listening crop-3](https://kb.wolfandbadger.com/hs-fs/hubfs/W%26B_logo_one_line_black_01.png?width=183&height=19&name=W%26B_logo_one_line_black_01.png "Chill listening crop-3")](http://www.wolfandbadger.com) Wolf & Badger Help Centre Copyright © 2026, Wolf & Badger