Attention Amazon sellers: you probably are owed Amazon FBA reimbursements.
Basically, Amazon FBA reimbursement is caused by you whenever Amazon mis-handles your inventory. Amazon manages similar to 350 million products worldwide, so it’s not surprising that inventory discrepancies will sometimes occur. Whenever they do, incorrect transactions for lost, damaged, or destroyed, or any other Amazon fee overcharges qualify for Amazon FBA reimbursement.
For the most part, it’s up to you to identify occurrences that be eligible for Amazon FBA reimbursement and submit the correct claims. The entire process is difficult and time-consuming. Also, observe that claims for just about any of those errors has to be filed within Eighteen months of the occurrence.
The following information in time breaks down what Amazon FBA reimbursement is, and just how you are able to most easily recover money that’s rightfully yours.
Varieties 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 obtain lost during shipping or misplaced inside the warehouse. Another common cause is inaccurate barcoding. Whatever the reason, the best way to be sure what’s occurring within your inventory is always to carefully review of your inventory reconciliation reports for possible discrepancies.
2. Damaged inventory
Inventory gets damaged from the warehouse plus the course of shipping. You will find there’s Damaged Inventory Report in Seller Central. This report details products lost or damaged:
From the Amazon fulfillment center
En route from the fulfillment center towards the customer
On the way to fulfillment center
Missing in fulfillment centers for the past Four weeks
3. Returned inventory
Sometimes customer returns are improperly credited and/or not returned to inventory. Returns errors represent a substantial 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 a refund, but would not 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 and then damaged
Return after 60 days: customer granted the best on the refund guarantee as soon as the usual policy window closed
4. Destroyed and disposed Inventory
Amazon can destroy or get rid of your inventory without your permission. However they do owe you Amazon FBA reimbursement in the event it does. Inside your be positive about this is to continually track inventory within your Amazon seller account.
5. Amazon FBA fee overcharges
Amazon weighs and measures products to discover storage fees. Incorrect product measurements and weights may lead to higher storage, shipping and commission fees.
It’s responsibility to discover if such fees are overcharged and offer proof in a Amazon report that supports lower product size and weight.
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