Tag Archives: amazon

Posting Amazon Revenues with Negative Settlements

This article deals with posting those bi-weekly Amazon revenues statements (payment statements) into your books. However, in this scenario, we will deal specifically with a periodic statement (from Amazon) that nets out to a negative amount. When there is a negative settlement, then Amazon should debit your bank account instead of crediting it for that

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E-Commerce Revenues Entries

Manually booking your Amazon sales begins with logging into your Amazon Seller account and downloading those bi-weekly PDF revenues settlement statements. These are the statements notifying you of your detailed split out summarized revenues activities for the period of time and when to expect a bank transfer payment from Amazon. These statements outline the following

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