Attention Amazon sellers: you almost certainly are owed Amazon FBA reimbursements.
Basically, Amazon FBA reimbursement is because of you whenever Amazon mis-handles your inventory. Amazon manages something such as 350 million products worldwide, so it’s no surprise that inventory discrepancies will sometimes occur. Once they do, incorrect transactions for lost, damaged, or destroyed, and other Amazon fee overcharges qualify for Amazon FBA reimbursement.
Generally, it’s your responsibility to spot occurrences that be entitled to Amazon FBA reimbursement and submit the proper claims. The whole process is difficult and time-consuming. Also, remember that claims for just about any of those errors has to be filed within 18 months with their occurrence.
This informative guide reduces what Amazon FBA reimbursement is, and how it is possible to most easily recover money that is certainly rightfully yours.
Types of Amazon FBA reimbursements
5 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 not unusual for inventory to have lost during shipping or misplaced within the warehouse. Another common cause is inaccurate barcoding. Whatever the reason, the only way to make sure what’s taking place inside your inventory is always to carefully review of your inventory reconciliation reports for possible discrepancies.
2. Damaged inventory
Inventory gets damaged within the warehouse as well as in the course of shipping. There is a Damaged Inventory Report in Seller Central. This report details products lost or damaged:
Inside the Amazon fulfillment center
On the way from the fulfillment center on the customer
That could fulfillment center
Missing in fulfillment centers within the past Thirty days
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 for
Returned Not Refunded after 45 Days: customer received reimbursement, but failed to return an item
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 Sixty days: customer granted different to the return guarantee after the 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 usually to continually track inventory within 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’s responsibility to find out if such fees are overcharged and provide proof in an Amazon report that supports lower product size and weight.
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