Amazon Seller Settlement Reconciliation
Amazon sellers receive payouts based on settlement periods rather than daily sales. Understanding the settlement structure is critical for accurate accounting.
Core reconciliation rule
Always reconcile Amazon settlement totals to the bank deposit. Do not reconcile gross sales numbers directly.
What Amazon settlement includes
- Product sales
- Referral fees
- FBA fees
- Refunds
- Shipping adjustments
- Advertising deductions
- Reserve balances
Typical reconciliation workflow
- Download settlement report for the payout period
- Confirm the settlement total
- Match settlement total to bank deposit
- Explain differences using refunds, fees, and reserves
- Create a single PDF bundle for accounting