Amazon reconciliation focuses on creating journal entries that are perfectly matched to the deposit in your bank account. In this case, it uses the settlement report data from Amazon.
Amazon is the only payment processor available for all Amazon orders, which means there are no other possible deposits from other processors. You can have different deposits for different Amazon sub-channels. This means a user who is setting up both Amazon Canada and Amazon US will have two separate settings to configure, and two separate deposits to sync for each appropriate settlement period.
The settlement report is downloaded from Amazon and creates a reconcilable journal entry. At the time your settlement report is available, Webgility will download it and associate the orders and refunds correctly to the overall settlement payment report.
During this process, orders will be used to separate how the revenue is split amongst the selected sales accounts. The same is true of refunds, and includes Amazon expenses and fees in the settlement report.
1. The deposit account and fees, or expense accounts, for each Amazon settlement line item can be configured in the Deposits & Fees sub-tab.
2. If you would like to split fees further, down into their individual line items, rather than the categories that they have been assigned to, you can expand the relevant categories and assign individual accounts.
3. After selecting any individual accounts and changing their selection, if the fly-out is closed, the top level selector for the account will note that it has been assigned to Various accounts.
4. The same category can be expanded and remapped at any time, but the chosen accounts will stay selected and should be saved before continuing.
5. Once these settings have been saved, the settlement data will associate itself with batches of orders which will appear in the Settlements tab alongside their Settlement # when they are ready to sync.