Attention Amazon sellers: it is likely you are owed Amazon FBA reimbursements.
Basically, Amazon FBA reimbursement is caused by you whenever Amazon mis-handles your inventory. Amazon manages similar to 350 million products worldwide, so it’s no surprise that inventory discrepancies will sometimes occur. After they do, incorrect transactions for lost, damaged, or destroyed, or any other Amazon fee overcharges qualify for Amazon FBA reimbursement.
For the most part, it’s your responsibility to distinguish occurrences that be entitled to Amazon FBA reimbursement and submit the right claims. The complete process is difficult and time-consuming. Also, observe that claims for any of such errors have to be filed within Eighteen months of their occurrence.
This guide in time breaks down what Amazon FBA reimbursement is, and exactly how you’ll be able to most easily recover money that is rightfully yours.
Varieties of Amazon FBA reimbursements
The five premiere factors behind Amazon FBA reimbursement are:
Lost inventory
Damaged inventory
Returned Inventory
Destroyed and disposed inventory
Amazon FBA fee overcharges
1. Lost inventory
It’s common for inventory to obtain lost in the course of shipping or misplaced within the warehouse. Another common cause is inaccurate barcoding. Largest, the best way to make certain what’s happening within your inventory is always to carefully review your inventory reconciliation reports for possible discrepancies.
2. Damaged inventory
Inventory gets damaged from the warehouse and in the course of shipping. There exists a Damaged Inventory Report in Seller Central. This report details products lost or damaged:
Within the Amazon fulfillment center
En route from the fulfillment center to the customer
To fulfillment center
Missing in fulfillment centers for the past Four weeks
3. Returned inventory
Sometimes customer returns are improperly credited and/or not returned to inventory. Returns errors represent a significant proportion of Amazon FBA reimbursement discrepancies.
A proper Amazon audit makes it possible to determine returned inventory discrepancies. Specifically, this audit uncovers:
Returns Reimbursement: reimbursement not paid
Returned Not Refunded after 45 Days: customer received reimbursement, but failed to return the product
Return Overcharge: customer refunded a lot more than initial charged
Wrong Item Returned: incorrect item returned but Amazon accepted it
Damaged Returns: item returned after which damaged
Return after 2 months: customer granted the best to the refund policy following your usual policy window closed
4. Destroyed and disposed Inventory
Amazon can destroy or eliminate your inventory without your permission. Nonetheless they do owe you Amazon FBA reimbursement if it does. The only method to know for sure is to continually track inventory inside your Amazon seller account.
5. Amazon FBA fee overcharges
Amazon weighs and measures products to determine storage fees. Incorrect product measurements and weights may result in higher storage, shipping and commission fees.
It is your responsibility to discover if such fees are overcharged and still provide proof in the Amazon declare that supports lower product size and dimenstions.
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