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eCommerce Reconciliation Experts

Payment Reconciliation

Payment Reconciliation Get your payment reconciliation statements with easy and simple procedure with GetmyCA .

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⚠ GST Filing Alert Before filing the return, payment of tax due is compulsory otherwise such return will be invalid.

What is Commerce

Every person registered under the GST Act has to periodically furnish the details of sales and purchases along with tax collected and paid thereon, respectively, by filing online returns. Before filing the return, payment of tax due is compulsory otherwise such return will be invalid.

Below are the main reasons to get reconcile

  • Lack of transparency on marketplace’s end with unfair/wrong penalties thrown in.
  • 2-3 months products returns window period after collecting from buyers.
  • General disregard for sellers’ payments across all levels of ecommerce companies.
  • It’s a tedious, complicated task, more so in case of high sales volume.
  • Accommodating a big list of fees and charges like service tax, listing fee, fulfilment fee, logistic fee, which are subject to change any time. Frequent policy changes.

Common recoveries

  • Weight charges.
  • Difference of commission rate.
  • Packing Charges.
  • Deductions/penalties against return of product.
  • Physical stock return in case of Courier/Customer Returns.
  • Fixed Charges.
  • Courier Returns/Customer Returns Charges.
  • Replacement Orders.

Process of Reconciliation!!

INPUT
Access to Merchant sites for required Sales Data • Length Breadth height and dead weight • Bank Statement • Data of physically goods Sale Returns • Policies for all Product categories
Process
Collection of data from the Portals • Preparation of Recon • Review of Recon • Resolving Recon Variances • Escalating Process level gap to management in case of findings
Output
100% Reconciliations with merchants • Dashboard/Summary report for Reconciliation progress
⚡ Get Payment Reconciliation
Track every unsettled transaction, unpaid order, and marketplace recovery. Our experts handle complete reconciliation with 100% accuracy. Free consultation, no hidden charges.
✓ Free Reconciliation Consultation 📞 Call Expert Now

Mon-Sat 9AM-7PM

Benefits of reconciliation

  • Get instant reconciliation for every order and its payments at Order Item ID Level. Track unsettled transactions and unpaid orders for every marketplace.
  • Monthly MIS.
  • Get better control on your cash flows.
  • Merchant wise pending payments on month end.
  • Monthly recoveries with all merchants.
  • Regular follow ups for the recovery.
  • Get to know whether sale returns physically received or not.
⚡ Payment Reconciliation Expert Assistance
Stop losing money to marketplace errors, wrong penalties, and untracked returns. Our reconciliation experts deliver 100% accuracy with complete merchant-wise reports and regular recovery follow-ups.
Free Consultation | No Hidden Charges | Mon-Sat 9AM-7PM
✓ Get Free Reconciliation Assessment 📞 Call Expert Now