Myntra Marketplace Reconciliation
Payment Reconciliation
Reconcile Myntra Order report with Sales Revenue, TCS RT, TCS RTO and Forward & Reversal Settlement reports.
- Verify payments for dispatched goods
- Verify inventory for RTO & Customer Returns
- Verify reimbursement for lost or damaged goods
- Calculate net income and margin per Order
Fee Verification
Verify Myntra Shipping, Commission, Fixed and Collection charges per order.
- Verify shipping fee based on article level and shipping zone
- Verify the Commission fee based on item price
- Verify Fixed, Pick & Pack, and Payment Gateway fees
- Identify orders where you have been overcharged and raise disputes with Myntra
Bank Reconciliation
Reconcile Myntra settlement with Bank statement.
- Verify transaction level settlement with consolidated settlement
- Verify consolidated Myntra settlements in bank account
- Identity pending settlement with ageing
Reconciliation with OMS
Reconcile Myntra reports with Order Management System (OMS) reports.
- Verify all Myntra orders in OMS
- Identify any Myntra order missing in OMS
- Verify Myntra invoice & settlement amount with OMS order, invoice amount
- Reconcile Myntra RTO, customer returns with OMS return reports
Reconciliation with ERP
Reconcile Myntra Sales Revenue, TCS RT, TCS RTO reports with ERP sale and credit ledgers.
- Verify if all Myntra orders are recorded in ERP
- Identify any Myntra order missing in ERP
- Verify Myntra RTO, customer returns against ERP credit ledgers
- Verify net Myntra invoice amount with net ERP invoice amount