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 similar to 350 million products worldwide, so it’s no surprise that inventory discrepancies will sometimes occur. After they do, incorrect transactions for lost, damaged, or destroyed, and other Amazon fee overcharges qualify for Amazon FBA reimbursement.
In most cases, it’s your decision to identify occurrences that be entitled to Amazon FBA reimbursement and submit the correct claims. The full process is tricky and time-consuming. Also, remember that claims for virtually any of such errors has to be filed within Eighteen months with their occurrence.
The following information reduces what Amazon FBA reimbursement is, and the way you are able to most easily recover money which is rightfully yours.
Forms of Amazon FBA reimbursements
5 main reasons for 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 get lost for the duration of shipping or misplaced within the warehouse. Another common cause is inaccurate barcoding. Awkward, the only method to be certain what’s occurring within your inventory is always to carefully take a look at inventory reconciliation reports for possible discrepancies.
2. Damaged inventory
Inventory gets damaged in the warehouse and in the course of shipping. There exists a 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
That could fulfillment center
Missing in fulfillment centers within the last Thirty days
3. Returned inventory
Sometimes customer returns are improperly credited and/or not returned to inventory. Returns errors represent a tremendous proportion of Amazon FBA reimbursement discrepancies.
A proper Amazon audit helps you determine returned inventory discrepancies. Specifically, this audit uncovers:
Returns Reimbursement: reimbursement not paid for
Returned Not Refunded after 45 Days: customer received your money back, but did not return them
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 Two months: customer granted the best for the refund policy as soon as the usual policy window closed
4. Destroyed and disposed Inventory
Amazon can destroy or eliminate your inventory without your permission. However they do owe you Amazon FBA reimbursement if this does. The best way to determine this 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 result in higher storage, shipping and commission fees.
It’s your responsibility to determine if such fees are overcharged and provide proof in a Amazon are convinced that supports lower product size and dimenstions.
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