Settlements

Overview

Settlement reports are typically sent by sales channels and contain payment information such as order-related fees, commissions, or taxes. They provide a detailed summary of the payment transaction, including the transaction date, amount, and settlement status. The use of this workflow will help you build accurate Profit & Loss reports for each order. Settlements can be imported into Sellercloud either automatically or manually.

Import Settlements Automatically

Settlements from different sales channels are automatically imported to Sellercloud on a regular basis. To automate the import of Settlement Reports from a channel, follow the steps below:

1. Go to Settings > Companies > Manage Companies > open a company > Toolbox > channel > General Settings.
2. In the upper right-hand corner, click Edit.
3. Select the checkbox next to Enable Settlement Download
4. Save.

Import Settlements Manually

To manually import Settlements:

1. Go to Settings > Companies > Manage Companies > open a company.
2. Click Toolbox > Settlement > Import Settlement > choose the channel from the Channel dropdown.
3. The next action depends on the chosen channel:
   • Amazon, Best Buy, Overstock, and Sears – Choose a file to upload.
   • eBay – Enter a time period.
   • Newegg – Enter settlement to/from dates.
   • Walmart Marketplace – Enter the settlement ID.
4. Click Continue.

You can also import Settlements from a channel’s dropdown:

1. Go to Settings > Companies > Manage Companies > Open a company.
2. Click Toolbox > Navigate to the channel > Upload Settlement Report.
3. Select the file or a date range of the requested report, and click Import Settlement Report.

Report by Settlement ID

You can run some Sellercloud reports based on a Settlement ID. To do that, simply enter the ID to obtain all related transactions for that Settlement.

This feature is available in the Sellercloud Reports listed below:

• Settlement Reports
  • Line Summary
  • Tax Collected by Settlement
• Transaction Reports
  • Transaction Summary
  • Transaction Details by Date