Attention Amazon sellers: it is likely you are owed Amazon FBA reimbursements.
Basically, Amazon FBA reimbursement is a result of you whenever Amazon mis-handles your inventory. Amazon manages similar to 350 million products worldwide, so it’s unsurprising that inventory discrepancies will certainly sometimes occur. After they do, incorrect transactions for lost, damaged, or destroyed, and other Amazon fee overcharges are eligible for Amazon FBA reimbursement.
Generally, it’s your choice to spot occurrences that be eligible for Amazon FBA reimbursement and submit the right claims. The whole process is difficult and time-consuming. Also, observe that claims for virtually any of the errors must be filed within Eighteen months of these occurrence.
This informative guide in time breaks down what Amazon FBA reimbursement is, and exactly how you can most easily recover money which is rightfully yours.
Types of Amazon FBA reimbursements
The five main reasons for Amazon FBA reimbursement are:
Lost inventory
Damaged inventory
Returned Inventory
Destroyed and disposed inventory
Amazon FBA fee overcharges
1. Lost inventory
It’s common for inventory to acquire lost for the duration of shipping or misplaced inside the warehouse. Another common cause is incorrect barcoding. Largest, the only method to make sure what’s going on in your inventory is always to carefully review your inventory reconciliation reports for possible discrepancies.
2. Damaged inventory
Inventory gets damaged within the warehouse and in the course of shipping. You will find there’s Damaged Inventory Report in Seller Central. This report details products lost or damaged:
In the Amazon fulfillment center
On the way from the fulfillment center on the customer
En route to fulfillment center
Missing in fulfillment centers within the past Four weeks
3. Returned inventory
Sometimes customer returns are improperly credited and/or not returned to inventory. Returns errors represent a tremendous proportion of Amazon FBA reimbursement discrepancies.
A proper Amazon audit assists you to determine returned inventory discrepancies. Specifically, this audit uncovers:
Returns Reimbursement: reimbursement not paid out
Returned Not Refunded after 45 Days: customer received your money back, but did not return the 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 very for the return policy following the usual policy window closed
4. Destroyed and disposed Inventory
Amazon can destroy or dump your inventory without your permission. But they do owe you Amazon FBA reimbursement if it does. The only way to determine this is usually to continually track inventory as part of 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 your responsibility to discover if such fees are overcharged and provide proof within an Amazon are convinced that supports lower product size and weight.
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