Firstcry Reconciliation
Reconcile transactions done with Firstcry marketplace using all the needed reports against OMS, ERP, and Bank Statement.
Firstcry Marketplace
Processes covered
Payment Reconciliation
Reconcile Firstcry Invoice Report with debit notes and payment reports.
- Verify the payments received for dispatched goods
- Check Inventory for RTO and customer returns
- Track reimbursement for lost or damaged goods
- Calculate net income and margin per order
Fee Verification
Verify Firstcry fee for every order
- Calculate accurate fee for each and every order
- Identify orders where you have been overcharged
Bank Reconciliation
Reconcile weekly settlement with Bank statement.
- Verify transaction level settlement with consolidated settlement
- Confirm consolidated Firstcry settlements in bank account
- Identity pending settlement with ageing
Reconciliation using OMS
Reconcile Firstcry invoice Report with OMS
- Verify all Firstcry orders in OMS
- Identify any Firstcry order missing in OMS
- Reconcile Firstcry RTO, customer returns with OMS return reports
Reconciliation using ERP
Reconcile Firstcry invoice Report with ERP
- Verify if all Firstcry orders are recorded in ERP
- Identify any Firstcry order missing in ERP
- Verify net Firstcry invoice amount with the net ERP invoice amount
