IN SIMPLE WORDS
What can we help with?
We connect marketplace reports, fee invoices and bank statements. This helps explain what was sold, what was refunded, which charges were deducted and what remains unsettled.
Does this sound familiar?
You sell through Amazon, Flipkart or other marketplaces.
Bank receipts are lower than reported sales.
Returns, fees or settlement balances are hard to track.
AN EVERYDAY EXAMPLE
A marketplace pays a net amount after fees and refunds. The working separates those items so the bank receipt can be explained.
Illustrative situation, not a client case study.Why is my bank receipt different from marketplace sales?
Settlements can include fees, refunds, taxes and other adjustments. Compare the transaction and settlement reports with the bank entry to see the reason.
A useful point to keep in mind
Record revenue and platform deductions from their underlying reports. Treating every net payout as sales can hide returns, fees and receivable balances.
WHAT WE CAN HELP YOU DO
The work, clearly explained.
These are the tasks we can discuss for this service. Your proposal will confirm which ones are included.
- Channel-wise sales and return reconciliation
- Platform fee and deduction classification
- Settlement-to-bank matching and open balance review
- GST and year-end reporting support from reconciled records
What you can ask for at completion
- Books or reconciliation workings within the agreed scope
- Bank, debtor, creditor and statutory control schedules as applicable
- An open-item register and agreed periodic reports
Know what you need to send, what the team will do and which records you will receive.
YOUR PREPARATION CHECKLIST
Start with what you have.
You do not need everything ready before speaking to us. Use this list to organise the first handover; we will explain any additional requirements.
Tick what you already have. You can still contact us if something is missing.
Describe your requirement in the enquiry form. Share financial documents only through the channel agreed with the office; do not enter passwords or OTPs here.
Ask about my documentsFROM FIRST MESSAGE TO COMPLETION
Three clear steps.
Agree a simple handover
Decide how invoices, statements and opening records will be shared.
Update and check the books
We record the agreed transactions and follow up on differences.
Read your reports
Review the balances, reports and items that still need attention.
FEES & TIME
What affects the quote?
Tell us what needs doing and what records are ready. We discuss the professional fees and identify any separate charges before starting.
- Number of transactions, months to cover and who enters the records
- Number of banks, marketplaces, branches and accounting systems
- Whether old balances or missing entries need fixing
- How often you need reports and what they should show
A recurring close needs an agreed information cut-off. Historical cleanup is planned after the opening balances, source data and unresolved items have been assessed.
QUICK ANSWERS
What clients often ask.
Why is my bank receipt different from marketplace sales?
Settlements can include fees, refunds, taxes and other adjustments. Compare the transaction and settlement reports with the bank entry to see the reason.
Can you cover Amazon, Flipkart and a website together?
A combined scope can be agreed after reviewing each channel’s data and how settlements flow to the bank.
What if settlement and sales dates differ?
Track the timing difference through the marketplace receivable or clearing working, supported by the relevant transaction reports.
Can you reconcile earlier-year differences?
Yes. We review opening balances and historical reports before confirming which periods and differences can be reconstructed.
More detail & official sources
General service information from Mohit R Gupta & Associates. The work and requirements depend on your facts and the relevant period. Use the official portals for current forms and rules.
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