The Latest Guide To Amazon Fba Reimbursements
Attention Amazon sellers: you probably are owed Amazon FBA reimbursements.
Basically, Amazon FBA reimbursement is due to you whenever Amazon mis-handles your inventory. Amazon manages similar to 350 million products worldwide, so it’s unsurprising that inventory discrepancies are likely to sometimes occur. Once they do, incorrect transactions for lost, damaged, or destroyed, or other Amazon fee overcharges are eligible for Amazon FBA reimbursement.
In most cases, it’s your choice to identify occurrences that be eligible for a Amazon FBA reimbursement and submit the proper claims. The entire process is hard and time-consuming. Also, remember that claims for almost any of the errors have to be filed within 1 . 5 years of their occurrence.
The following information breaks down what Amazon FBA reimbursement is, and how you’ll be able to most easily recover money that’s rightfully yours.
Kinds of Amazon FBA reimbursements
The five premiere reasons behind Amazon FBA reimbursement are:
Lost inventory
Damaged inventory
Returned Inventory
Destroyed and disposed inventory
Amazon FBA fee overcharges
1. Lost inventory
It’s normal for inventory to acquire lost throughout shipping or misplaced inside the warehouse. Another common cause is wrong barcoding. Largest, the only way to make sure what’s happening with your inventory is to carefully take a look at inventory reconciliation reports for possible discrepancies.
2. Damaged inventory
Inventory gets damaged within the warehouse and in the path of shipping. You will find there’s Damaged Inventory Report in Seller Central. This report details products lost or damaged:
Within the Amazon fulfillment center
On the way from the fulfillment center on the customer
En route to fulfillment center
Missing in fulfillment centers within the last 1 month
3. Returned inventory
Sometimes customer returns are improperly credited and/or not returned to inventory. Returns errors represent a substantial proportion of Amazon FBA reimbursement discrepancies.
A proper Amazon audit assists you to determine returned inventory discrepancies. Specifically, this audit uncovers:
Returns Reimbursement: reimbursement not paid for
Returned Not Refunded after 45 Days: customer received a refund, but didn’t return the item
Return Overcharge: customer refunded over initial charged
Wrong Item Returned: incorrect item returned but Amazon accepted it
Damaged Returns: item returned and then damaged
Return after 60 days: customer granted an exception for the refund guarantee following your usual policy window closed
4. Destroyed and disposed Inventory
Amazon can destroy or dump your inventory without your permission. However they do owe you Amazon FBA reimbursement if this does. The only method to know for sure would be to continually track inventory in your Amazon seller account.
5. Amazon FBA fee overcharges
Amazon weighs and measures products to find out storage fees. Incorrect product measurements and weights can lead to higher storage, shipping and commission fees.
It is a personal responsibility to find out if such fees are overcharged and still provide proof in the Amazon declare that supports lower product size and weight.
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