Getting Paid

What are the types of Rocket Growth product settlement?

Rocket Growth settlement is calculated based on the final consumer selling price of the product, deducting sales commissions, additional offset amounts (such as Milkrun usage fees, advertising fees, etc.), and Coupang Fulfillment Service (CFS) fees from the product sales revenue.
Coupang's sales commission is recorded as revenue on the date the payment is completed, whereas fees for Coupang Fulfillment Service (CFS) and shipping are recorded as revenue on the date the delivery is completed.

Monthly settlement
Monthly sales deadline D+20 business days (100%)
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Weekly settlement
The first payment amount is D+20 business days (70%) of the main sales deadline
The final payment amount is 1 business day (30%) of the month following the month in which the sale ends
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How to check the Rocket Growth payment status

You can check it in Coupang Wing > Settlement > Rocket Growth Settlement Status menu, and the settlement fee will be paid to the Rocket Growth virtual account on the Rocket Growth settlement date.
Payments can be withdrawn to the registered seller's representative settlement account at any time. (Name of depositor: Coupang Pay)
As for the settlement status, you can check the first confirmed settlement details after D+3 business days from the week/month end date.
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In the Rocket Growth Settlement Status Report Settlement date or Revenue recognition date. You can search and search for the last 7 days and 30 days by setting it to.
On the other hand, you can also download the detailed report as an Excel file from the settlement report list.

Rocket Growth advertising fee settlement confirmation

Rocket Growth advertising fees are settled on a monthly basis, and will be automatically deducted from the amount you receive from Coupang.
This means that advertising costs from the 1st to the last day of each month will be settled during the following month. For example, advertising expenses from May 1 to 31 are deducted sequentially from the June settlement, and the exact date may vary depending on the debt/bond certification date.
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You can check the details of your advertising cost settlement at Coupang Wing>Ad Center>Ad Report>Ad Fee Settlement Report>Daily/Monthly Ad Fee Settlement History Report.

Where can I check VAT return data?

Who files VAT returns? This applies to all Rocket Growth sellers, regardless of sales.

VAT is reported and paid using a tax period of 6 months, and each tax period is divided back into 3 months, with a planned reporting period in the middle.
(National Tax Service website VAT (See content)