Attention Amazon sellers: you most likely are owed Amazon FBA reimbursements.
Basically, Amazon FBA reimbursement is due to you whenever Amazon mis-handles your inventory. Amazon manages something such as 350 million products worldwide, so it’s not surprising that inventory discrepancies will certainly sometimes occur. Once they do, incorrect transactions for lost, damaged, or destroyed, or any other Amazon fee overcharges are eligible for Amazon FBA reimbursement.
In most cases, it’s up to you to spot occurrences that be eligible for Amazon FBA reimbursement and submit the proper claims. The entire process is tricky and time-consuming. Also, be aware that claims for just about any of those errors have to be filed within 1 . 5 years with their occurrence.
The following information breaks down what Amazon FBA reimbursement is, and just how you can most easily recover money that is rightfully yours.
Forms of Amazon FBA reimbursements
The 5 premiere factors behind Amazon FBA reimbursement are:
Lost inventory
Damaged inventory
Returned Inventory
Destroyed and disposed inventory
Amazon FBA fee overcharges
1. Lost inventory
It’s not unusual for inventory to get lost in the course of shipping or misplaced within the warehouse. Another common cause is incorrect barcoding. Largest, the only method to make sure what’s going on within your inventory is usually to carefully research your inventory reconciliation reports for possible discrepancies.
2. Damaged inventory
Inventory gets damaged from the warehouse and in the path of shipping. There exists a Damaged Inventory Report in Seller Central. This report details products lost or damaged:
From the Amazon fulfillment center
En route from the fulfillment center for the customer
That could fulfillment center
Missing in fulfillment centers in the past Thirty days
3. Returned inventory
Sometimes customer returns are improperly credited and/or not returned to inventory. Returns errors represent an important proportion of Amazon FBA reimbursement discrepancies.
A proper Amazon audit can help you determine returned inventory discrepancies. Specifically, this audit uncovers:
Returns Reimbursement: reimbursement not paid for
Returned Not Refunded after 45 Days: customer received your money back, but failed to return an item
Return Overcharge: customer refunded over initial charged
Wrong Item Returned: incorrect item returned but Amazon accepted it
Damaged Returns: item returned after which damaged
Return after Sixty days: customer granted the best towards the refund policy after the usual policy window closed
4. Destroyed and disposed Inventory
Amazon can destroy or get rid of your inventory without your permission. Nonetheless they do owe you Amazon FBA reimbursement when it does. Inside your know for sure is always to continually track inventory inside your Amazon seller account.
5. Amazon FBA fee overcharges
Amazon weighs and measures products to discover storage fees. Incorrect product measurements and weights can lead to higher storage, shipping and commission fees.
It is a personal responsibility to find out if such fees are overcharged and supply proof in a Amazon are convinced that supports lower product size and weight.
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