Amazon Settlement Report Cutoff...

TL;DR

Configuring the cutoff date for Amazon settlement reports in NetSuite is essential for ensuring accurate financial reconciliations. This guide outlines the necessary steps to set the date range for retrieval of these settlement reports.

How to Set the Amazon Settlement Report Cutoff Date

NetSuite Connector provides users the ability to define how far back in time to search for Amazon settlement reports.

Steps to Configure the Cutoff Date:

Log in to NetSuite Connector.
Select the Amazon connector and choose the appropriate account.
From the Account dropdown, select an account.
Navigate to Settings > Other Transactions.
Click on the Settlement tab.
Select Advanced Options.
Input the number of days in the Days Back To Search For Settlement Reports field.
This value represents how many days back NetSuite Connector will check for settlement reports from the current date. Note that in standard seller accounts, Amazon generates a settlement report every two weeks. It is recommended to set this value to at least 20 days as the default to ensure all settlement reports for the accounting period are included.
Click Save to apply your changes.

Note: Adjusting the cutoff date helps in accurately capturing financial data and maintaining robust reporting.

Who This Affects

Administrators: Responsible for setting up the accounting configurations.
Accountants: Must ensure financial reports reflect accurate data from settlement reports.

Key Takeaways

The cutoff date for Amazon settlement reports can be easily configured in NetSuite.
Setting at least 20 days back is recommended for complete data capture.
Accurate configuration is essential for proper financial audits and reporting.

Frequently Asked Questions (4)

Do I need special permissions to configure the Amazon settlement report cutoff date in NetSuite?

Yes, typically only administrators and those responsible for accounting configurations should adjust the cutoff date settings.

How does changing the cutoff date affect the capture of Amazon settlement reports?

Adjusting the cutoff date ensures all relevant financial data from Amazon settlement reports is captured, which is crucial for accurate financial reconciliations and reporting.

What happens if I set the cutoff date to less than 20 days?

Setting the cutoff date to less than 20 days might result in missing some settlement reports, as Amazon generates them every two weeks. This can lead to incomplete financial data capture.

Is the cutoff date configuration applicable to all types of Amazon accounts in NetSuite Connector?

Yes, the configuration is applicable to standard seller accounts connected to NetSuite. It helps define the period for which settlement reports are retrieved.

Amazon Settlement Report Cutoff Date Configuration in NetSuite