Blue Wheel President, Tom Sesti, recently sat down with Sreenath Reddy of Intentwise, Inc. to discuss the Amazon Seller Central update on Deferred Transactions as well as how this change is impacting Seller Central brands.
Last month, Amazon introduced the Deferred Transactions Report in an effort to provide more visibility into the funds that they reserve-- however -- it has also added a whole new layer of complexity for some sellers.
Amazon’s update reserves payment on orders until seven days after delivery, affecting your POS/ERP reports and even showing negative balances in your Profit Report. For brands using financial events as their key sales metric, this shift can have a huge impact. Listen in to get some tips and understand how to manually export your sales information as needed.
