Now that you’ve signed up for SellerZen, you may be wondering how our platform works. SellerZen’s layout displays all the information Amazon sellers want to know. And the best part is all that information is searchable using our platform, so you can quickly search for transactions using SellerZen without having to go to different Amazon reports.
Take a look at a screenshot of our Order page below.
The filter menu allows you to show or hide search functions. You can use this page to search Order IDs, customer names, or any other information on the invoice. Want to search for a customer name? A specific date? Show all orders for a particular SKU? You can search all of that and more through SellerZen. Even partial searches will return results.
The Order page also displays all of your orders, including pending orders. When those orders are shipped on Amazon, we’ll update the order on our platform and create the payment in QuickBooks Online. Click on View to see all of the line items for that invoice. We also include the Cost of Goods and your true profit here if you have that entered into QuickBooks Online.
The numbers on the far right of the row tell you what you’ve earned on that particular sale. If you’ve entered the cost of goods in QuickBooks Online, SellerZen will include that cost in the calculation and display your actual profit. If you haven’t added the cost in QuickBooks Online, then we’ll give your earnings on that sale.
With a cost of goods entered in QuickBooks Online, you can quickly scan your orders for the profit on every invoice. You’ll be able to quickly identify which products are profitable and which are losing you money. Having this knowledge will allow you to make more informed decisions. Drop unprofitable products and low-margin products. Or increase prices so that those items become worthwhile. You can also remove inventory that is not only losing you money per sale but also costing you in FBA storage fees and limits.
The status icons give you a visual of the order status at a glance. The green dollar sign tells you that the order has been paid. The green truck icon shows you that the order has shipped. Finally, the green checkmark icon tells you that we’ve imported the order into QuickBooks Online. The icons would be grayed otherwise.
On the Refunds page, you may see some red truck icons. These are customers who have been issued refunds but have yet to return items. If you haven’t been reimbursed for these orders after 30 days, then you should request a reimbursement.
The FBA order from above was refunded on September 6, 2017, but the customer has never returned the item.
On the Reimbursements page, you can search by Order ID to see if and how you’ve been reimbursed. Notice in the example above, Amazon has reimbursed cash for the order where the customer failed to return the product. Sometimes, Amazon will compensate you with inventory. Regardless, SellerZen will create the proper QuickBooks Online documents to keep your accounts and inventory reconciled.
Using SellerZen has a host of benefits outside of automated data import and accounting. Configured correctly, you can use our service to quickly search your transactions for orders, refunds, and reimbursements instead of having to dig through numerous Amazon reports. And with the right account setup, you can use our service to run a detailed and accurate profit and loss report in QuickBooks Online.
Don’t want to split up certain fees like Sales Tax Collection Fees and Refund Administration Fees? You can choose to lump them together into one general Amazon Fees account. You can decide what level of detail you want with SellerZen. The best part is that you won’t have to ever worry about settlement reconciliation again since SellerZen automatically reconciles each settlement with the transactions for that period. That means you won’t have to spend hours looking for a transaction or checking that the numbers were entered correctly.
Having to manually process all of your Amazon transactions becomes an impossible task once you go past a certain number of sales. You can’t possibly track every single transaction on Amazon manually, and let’s face it: most sellers don’t after awhile. They become content with just using the settlements, but even that doesn’t give you the overall health of your business. You could be losing money on a handful of your products and you’d never know.
SellerZen automates the entire data entry process. Once configured, SellerZen will take over the tedious task of data entry, and we’ll import all of your documents accurately every time. You no longer have to stress out about entering transactions into QuickBooks Online. So sign up for SellerZen and sit back and relax. We’ll take care of the data entry for you.