Nykaa data and client data occasionally diverge significantly because the two reports differ one another. We sum up all the data right down to the item SKU, cross-reference it with the Nykaa Reports, and show any discrepancies in the statistics. This makes it simpler for customers to distinguish between orders, payments, and charge assessments.
Reports needed for reconciliation:
- Nykaa All Order Report
- Nykaa Sales Report
- Nykaa Payout
- Bank Statement
- Reports from the client’s OMS (e.g., Increff, Unicommerce, Easy Ecom.).
Once the reports are taken and the reconciliation process is done the result is showcased in a very systematic format.
The result is as follows:
Nykaa – OMS Reconciliation
The System checks all the data recorded in the client’s OMS (OMS) and compares the data with the Nykaa Sales (Invoice) report. It then differentiates the orders and highlights them as follows:
- Reconciled Orders:
- These are those orders whose amounts match.
- Less Settlement recorded in OMS
- The orders whose amount in the OMS is less than the amount in the Nykaa Sales report.
- More settlements recorded in OMS
- The orders whose amount in the OMS is more than the amount in the Nykaa Sales report.
OMS – Nykaa Reconciliation
The System checks all the data recorded in Nykaa’s reports and compares the data with the client’s OMS. It then differentiates the orders and highlights them as follows:
- Reconciled with Nykaa:
- These are those orders whose amounts match.
- Less Settlement recorded in Nykaa
- The orders whose amount in the Nykaa Report is less than the amount in the OMS report.
- More settlements recorded in Nykaa
- The orders whose amount in the Nykaa Report is more than the amount in the OMS report.
- Not Recorded in Nykaa
- Those orders which are not recorded in the Nykaa reports but are present in the OMS system.