Forum Moderators: martinibuster
Why would this check not arrive at its destination in the US until 3/9/2006? This is 11 days total.
We just received a check from another merchant in California via the USPS and it was dated 3/6/2006. This is 3 days.
If Google is "cutting checks" and then holding and not mailing them, then several things come to mind:
1. Why would they do this? They couldn't be having cash flow troubles.
2. Google has told their affiliates the checks are cut on 2/27. This would be a "fiction" if they hold the check.
3. The proper accounting treatment for "checks held" is to record this as a liability on their balance sheet. I just looked at their Balance Sheet in their latest 10-Q and I don't see any such liability recorded. That leads me to believe they have recorded these checks held as a reduction of cash assets(which it is not).
Now I guess this check could have been lost for a week. I know the USPS gets a lot of flack for slow/lost mail, but I never have troubles with first-class mail.
What is your experience receiving AdSense checks in the US?
As for their accounting procedures, they must have that under control or else some of their bigger investors would have already called them on it.
EFV, I'll keep being paid by check until I get at least one for more than $10,000 - DAGNABBIT! Nearly did it last year. I was $380 short one month. ;-)