Myntra Commission Fee Reconciliation

Cointab helps marketplace finance teams reconcile Myntra commission fees by comparing internal sales records with Myntra settlement and fee reports. Instead of checking every order in Excel, teams can map the required fields once, run reconciliation, and review exactly which transactions are fully matched, partially matched, unmatched, or skipped.

This is useful when commission charges vary by category, brand, order type, or refund status, and when finance teams need a clear audit trail for settlement review and discrepancy follow-up.

How Myntra commission fee reconciliation works

The reconciliation process is built around Cointab's Side A and Side B model:

• Side A contains your internal records, such as sales, order, ERP, or marketplace working files.
• Side B contains Myntra reports, such as settlement files, commission details, and refund-related outputs.

Once both sides are uploaded, Cointab matches transactions using configured identifiers, amounts, and other fields. The system then compares the expected commission fee with the commission fee reported by Myntra and highlights any difference.

What the reconciliation helps you identify

Myntra commission fee reconciliation helps teams quickly spot issues such as:

• Correctly charged commission fees where the expected and reported amounts match
• Overcharged commission fees where Myntra's reported fee is higher than expected
• Undercharged commission fees where the reported fee is lower than expected
• Refund-related commission reversals where the original commission should be adjusted or reversed
• Missing or incomplete records that need review before month-end close
• Skipped rows that could not be reconciled because of missing or invalid data

This makes it easier to isolate exceptions instead of manually checking every line item.

Typical setup for marketplace fee verification

A common workflow for Myntra fee reconciliation includes:

1. Uploading internal sales or order data on Side A.
2. Uploading Myntra settlement and fee-related reports on Side B.
3. Mapping fields such as order ID, transaction reference, amount, and settlement period.
4. Optionally adding supporting data such as product masters, store mappings, or fee lookup files.
5. Creating derived columns when the commission basis needs to be calculated from existing fields.
6. Running reconciliation and reviewing the report dashboard.
7. Downloading the Excel report for internal review, audit, or partner follow-up.

If a file was missed earlier, it can be uploaded under the same reconciliation and the report can be refreshed.

Forward settlements and refund orders

Marketplace finance teams often need to review both sale-side commission charges and refund-side reversals.

Forward settlement review

For forward settlements, Cointab compares the commission fee expected from your rules or working file against the commission fee reported by Myntra. The report separates the transactions into:

• Fully matched records
• Partially matched records where the reference matches but the amount differs
• Unmatched records that need further investigation
• Skipped records that were excluded because of missing or invalid data

Refund order review

For refund or reversal scenarios, the same reconciliation logic can be used to check whether the commission fee was reversed or refunded correctly. This helps teams review whether the refund settlement aligns with the original sale and cancellation details.

Where AI helps in the workflow

Cointab uses AI as an assistive layer, not as a replacement for finance review.

AI can help teams:

• Create derived columns using natural-language prompts
• Build Excel-style formulas for commission calculations
• Review difficult open items after structured matching is complete
• Understand why a transaction may be unmatched
• Identify whether a missing file, refund, deduction, or data issue could explain an exception

If the evidence is not strong enough, the record remains unmatched so the reconciliation stays audit-friendly.

Report output and exception handling

After the run is complete, finance teams can review the reconciliation report by status and transaction type. The report typically includes:

• Summary totals
• Matched transactions
• Partially matched transactions
• Unmatched transactions
• Skipped transactions
• Filters for deeper analysis
• Transaction-level detail for follow-up
• Excel download for review and audit support

This is especially useful for period-end settlement checks, marketplace finance reviews, and discrepancy escalation.

Why finance teams use Cointab for marketplace reconciliation

Cointab is useful when the same reconciliation needs to be repeated every month or every settlement period. Once the setup is defined, teams do not need to rebuild the workflow from scratch.

Key benefits include:

• Reusable setup for recurring Myntra reconciliation runs
• Clear exception visibility so teams can focus on mismatches
• Structured matching logic instead of fragile spreadsheet formulas
• Audit-ready reporting for internal review and partner follow-up
• Team workspace support so finance and operations users can work from one shared account
• Automation options through email, SFTP, or API for recurring data flow

Common finance questions this reconciliation answers

• Are commission fees being charged as expected?
• Are any orders overcharged or undercharged?
• Were refund-related commission reversals applied correctly?
• Which transactions still need manual review?
• Is any file missing from the settlement cycle?

By answering these questions in one workflow, Cointab helps marketplace teams reduce manual spreadsheet work and keep commission fee reviews consistent across periods.