How it works
Marketplaces such as Amazon and Walmart collect payment from buyers, then settle with sellers on a cycle. The settlement report lists each order, refund, referral fee, fulfillment fee, advertising charge, reserve and adjustment, ending in a net amount deposited to the seller's bank. Booking it correctly means splitting that net figure back into revenue, fees and liabilities.
Example
A two-week Amazon settlement shows $62,000 of sales, $9,300 of referral and fulfillment fees, $1,800 of refunds and a $2,000 reserve, leaving a $48,900 deposit.
In integrations
The Unify Orders API is designed to break marketplace payouts into sales, fees, refunds and reserves and link them to orders, so the Accounting API can post settled revenue to the ledger. Amazon data comes through the Selling Partner API. Settlement data is how sellers know their real margin on a marketplace. Posting only the net deposit hides fees and refunds, and leaves the bookkeeper to rebuild them from reports.