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 wonder that inventory discrepancies will certainly sometimes occur. After they do, incorrect transactions for lost, damaged, or destroyed, or any other Amazon fee overcharges meet the requirements for Amazon FBA reimbursement.
Generally, it’s your choice to distinguish occurrences that be entitled to Amazon FBA reimbursement and submit the correct claims. The complete process is tricky and time-consuming. Also, remember that claims for almost any of the errors must be filed within 1 . 5 years of these occurrence.
This guide breaks down what Amazon FBA reimbursement is, and how you’ll be able to most easily recover money that is certainly rightfully yours.
Varieties of Amazon FBA reimbursements
The 5 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 quite normal for inventory to obtain lost throughout shipping or misplaced inside the warehouse. Another common cause is wrong barcoding. Awkward, the only way to make sure what’s taking place within your inventory is always to carefully take a look at inventory reconciliation reports for possible discrepancies.
2. Damaged inventory
Inventory gets damaged from the warehouse as well as in the path of shipping. There is a Damaged Inventory Report in Seller Central. This report details products lost or damaged:
In the Amazon fulfillment center
En route from the fulfillment center towards the customer
To fulfillment center
Missing in fulfillment centers within the past 1 month
3. Returned inventory
Sometimes customer returns are improperly credited and/or not returned to inventory. Returns errors represent an important 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 out
Returned Not Refunded after 45 Days: customer received a reimbursement, but didn’t return the product
Return Overcharge: customer refunded over 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 an exception to the refund 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. Inside your be positive about this is to continually track inventory as part of your Amazon seller account.
5. Amazon FBA fee overcharges
Amazon weighs and measures products to ascertain storage fees. Incorrect product measurements and weights can result in higher storage, shipping and commission fees.
It’s your responsibility to discover if such fees are overcharged and offer proof in the Amazon report that supports lower product weight and dimensions.
More details about fba reimbursements just go to this useful web page