According to a post at the Apple iPhone Dev Center (https://developer.apple.com/iphone/news/archives/2010/august/#paymentsandreports), the company will pay developers sooner and more often under a new Payments and Financial Reports module in iTunes Connect.
Apple says this new module provides you with details on all financial reports and payments. From a dashboard view, developers obtain information including last payment, amount owed, latest monthly earnings, a rolling transaction history, unit sales, and payment trends.
In addition, Apple has also made updates to how your payments will be processed and how they are presented on iTunes Connect, including:
° Reduction in the thresholds required to be paid, increasing the frequency you will receive proceeds;
° A consolidated single monthly payment for all your proceeds worldwide, reducing bank fees and costs;
° Clearer presentation of amounts earned, amounts owed, and a reconciliation between the reported sales and the amounts paid.