Amazon Payments Best Practices for Sellers – New Payments Reports Repository Available

Amazon
woman sitting at computer desks analyzing data

When selling on Amazon – you don’t get paid after each order is placed. In fact, most Sellers get paid on a biweekly basis. This can sometimes mean you have less control and flexibility when it comes to your finances. This is why it’s critical to keep a close eye on your monthly payouts, selling fees, taxes, etc. With the new Payment Reports Repository, you can easily access all your payment reports. Your accounting team will be thanking Amazon for this one!

New Payments Report Repository Available in Seller Central:

To access Payment Reports, use the menu to navigate to Reports > Payments.  

The new Payments Reports Repository makes it easier to access your payment report history. Here, you can filter for the following:

  • Account Type
  • Report Type
  • Custom Date Range or Select Month
  • Add Custom Tags & Search by Tags

Once you have applied your desired filters, click “request report”. You can also sort by Request Date and Search by Report Tag!

source: Amazon

Our Top 3 Tips for Managing Amazon Payments:

1. It’s good practice to check your payments dashboard at least a couple of times a week to get a pulse check on your total balance and recent payouts.

2. If you have multiple users who have access to your selling account, it’s best to set user permissions so that only authorized users can access the payment reports page, as it’s sensitive information.

3. Use the transaction review page to get the payout info for a specific order number – this is useful if you want to see the breakdown of fees and your total payout on an order.

source: Amazon

If you’re a client looking for more information, contact your Account Team! If you’re interested in learning more about how Blue Wheel can aid in your brand efforts in online marketplaces, schedule a consultation with our team, we would love to hear from you!

Julia Asburry

Julia Asburry is the Senior Marketplace Support Analyst at Blue Wheel, where she plays a vital role in enhancing Account Health and Customer Service management. Her work empowers our clients to not just sustain, but truly thrive in the eCommerce landscape. With over half a decade of diverse experience in the industry, she wears many hats within the organization, bringing a wealth of expertise that propels us forward and helps set us apart.

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