Payments down 10 to 20%, yet sales are the same.
We noticed our fortnightly payments are down about 10-20% for the past 2 months, yet our sales are very similar to what they have always been.
We cant pinpoint why this is.
I remember seeing a news item earlier this year , where the seller would be charged for out of stock items.
1.Does anyone know where I can pinpoint these charges?
2. Do you now get charged for inactive items of which we have several dozen?
Thanks
5 replies
Seller_ZJhFeE3tNKzfh
Could it be the fact that from August you would have been charged VAT on all fees?
Seller_i6S8knzW6zU6Z
Hi @Seller_irQgF3ytRk7LC,
you don’t get charged for inactive items, so that’s likely not the issue.
To dig into the details, check the Payments section in Seller Central. You can download a PDF overview, but for deeper insights, the Payment Settlements Report is the way to go. Keep in mind these reports come as text files, so you’ll need to import them into Excel. Since they’re very detailed and contain a lot of rows, creating a small pivot table can help you break down the revenue and cost categories for a clearer view.
Michael
Seller_TH9DATW06Doc2
Hi, We saw the initial notifications of changes from amazon back in June. I asked my partner who didn't see any immediate changes.
I later began noticing the same thing and discovered the VAT differences. You can only see the VAT clearly being charged in the invoices from the new Amazon UK entity. Try comparing it with invoices from the period just before 1st August.
These changes have major impacts to cashflow for businesses and the timing of it just before Q4 when everyone is stocking up has made it worse. If you sell a low margin item potentially you have to reclaim the vat from HMRC to realise it. Much like people who sell Zero Rated goods or only export.
I think thousands of other sellers are still oblivious to these changes and are just as puzzled. I know the people I asked didn't know until I told them to check.
Here's a link to the original notice
https://sellercentral.amazon.co.uk/seller-forums/discussions/t/fe8e800e-d95c-42ae-a98b-e6e682547f90?ref=nslp_at_0_GKTQQ8AVHDSR9AD5_jtd_fe8e800e-d95c-42ae-a98b-e6e682547f90&rel=%22noopener%20noreferrer%22
Seller_hb4AG4jVAz5CP
Could it be the reserve that Amazons holds back? A new policy for some sellers who didn't have it applied.
Payments down 10 to 20%, yet sales are the same.
We noticed our fortnightly payments are down about 10-20% for the past 2 months, yet our sales are very similar to what they have always been.
We cant pinpoint why this is.
I remember seeing a news item earlier this year , where the seller would be charged for out of stock items.
1.Does anyone know where I can pinpoint these charges?
2. Do you now get charged for inactive items of which we have several dozen?
Thanks
Payments down 10 to 20%, yet sales are the same.
We noticed our fortnightly payments are down about 10-20% for the past 2 months, yet our sales are very similar to what they have always been.
We cant pinpoint why this is.
I remember seeing a news item earlier this year , where the seller would be charged for out of stock items.
1.Does anyone know where I can pinpoint these charges?
2. Do you now get charged for inactive items of which we have several dozen?
Thanks
5 replies
5 replies
Seller_ZJhFeE3tNKzfh
Could it be the fact that from August you would have been charged VAT on all fees?
Seller_i6S8knzW6zU6Z
Hi @Seller_irQgF3ytRk7LC,
you don’t get charged for inactive items, so that’s likely not the issue.
To dig into the details, check the Payments section in Seller Central. You can download a PDF overview, but for deeper insights, the Payment Settlements Report is the way to go. Keep in mind these reports come as text files, so you’ll need to import them into Excel. Since they’re very detailed and contain a lot of rows, creating a small pivot table can help you break down the revenue and cost categories for a clearer view.
Michael
Seller_TH9DATW06Doc2
Hi, We saw the initial notifications of changes from amazon back in June. I asked my partner who didn't see any immediate changes.
I later began noticing the same thing and discovered the VAT differences. You can only see the VAT clearly being charged in the invoices from the new Amazon UK entity. Try comparing it with invoices from the period just before 1st August.
These changes have major impacts to cashflow for businesses and the timing of it just before Q4 when everyone is stocking up has made it worse. If you sell a low margin item potentially you have to reclaim the vat from HMRC to realise it. Much like people who sell Zero Rated goods or only export.
I think thousands of other sellers are still oblivious to these changes and are just as puzzled. I know the people I asked didn't know until I told them to check.
Here's a link to the original notice
https://sellercentral.amazon.co.uk/seller-forums/discussions/t/fe8e800e-d95c-42ae-a98b-e6e682547f90?ref=nslp_at_0_GKTQQ8AVHDSR9AD5_jtd_fe8e800e-d95c-42ae-a98b-e6e682547f90&rel=%22noopener%20noreferrer%22
Seller_hb4AG4jVAz5CP
Could it be the reserve that Amazons holds back? A new policy for some sellers who didn't have it applied.
Seller_ZJhFeE3tNKzfh
Could it be the fact that from August you would have been charged VAT on all fees?
Seller_ZJhFeE3tNKzfh
Could it be the fact that from August you would have been charged VAT on all fees?
Seller_i6S8knzW6zU6Z
Hi @Seller_irQgF3ytRk7LC,
you don’t get charged for inactive items, so that’s likely not the issue.
To dig into the details, check the Payments section in Seller Central. You can download a PDF overview, but for deeper insights, the Payment Settlements Report is the way to go. Keep in mind these reports come as text files, so you’ll need to import them into Excel. Since they’re very detailed and contain a lot of rows, creating a small pivot table can help you break down the revenue and cost categories for a clearer view.
Michael
Seller_i6S8knzW6zU6Z
Hi @Seller_irQgF3ytRk7LC,
you don’t get charged for inactive items, so that’s likely not the issue.
To dig into the details, check the Payments section in Seller Central. You can download a PDF overview, but for deeper insights, the Payment Settlements Report is the way to go. Keep in mind these reports come as text files, so you’ll need to import them into Excel. Since they’re very detailed and contain a lot of rows, creating a small pivot table can help you break down the revenue and cost categories for a clearer view.
Michael
Seller_TH9DATW06Doc2
Hi, We saw the initial notifications of changes from amazon back in June. I asked my partner who didn't see any immediate changes.
I later began noticing the same thing and discovered the VAT differences. You can only see the VAT clearly being charged in the invoices from the new Amazon UK entity. Try comparing it with invoices from the period just before 1st August.
These changes have major impacts to cashflow for businesses and the timing of it just before Q4 when everyone is stocking up has made it worse. If you sell a low margin item potentially you have to reclaim the vat from HMRC to realise it. Much like people who sell Zero Rated goods or only export.
I think thousands of other sellers are still oblivious to these changes and are just as puzzled. I know the people I asked didn't know until I told them to check.
Here's a link to the original notice
https://sellercentral.amazon.co.uk/seller-forums/discussions/t/fe8e800e-d95c-42ae-a98b-e6e682547f90?ref=nslp_at_0_GKTQQ8AVHDSR9AD5_jtd_fe8e800e-d95c-42ae-a98b-e6e682547f90&rel=%22noopener%20noreferrer%22
Seller_TH9DATW06Doc2
Hi, We saw the initial notifications of changes from amazon back in June. I asked my partner who didn't see any immediate changes.
I later began noticing the same thing and discovered the VAT differences. You can only see the VAT clearly being charged in the invoices from the new Amazon UK entity. Try comparing it with invoices from the period just before 1st August.
These changes have major impacts to cashflow for businesses and the timing of it just before Q4 when everyone is stocking up has made it worse. If you sell a low margin item potentially you have to reclaim the vat from HMRC to realise it. Much like people who sell Zero Rated goods or only export.
I think thousands of other sellers are still oblivious to these changes and are just as puzzled. I know the people I asked didn't know until I told them to check.
Here's a link to the original notice
https://sellercentral.amazon.co.uk/seller-forums/discussions/t/fe8e800e-d95c-42ae-a98b-e6e682547f90?ref=nslp_at_0_GKTQQ8AVHDSR9AD5_jtd_fe8e800e-d95c-42ae-a98b-e6e682547f90&rel=%22noopener%20noreferrer%22
Seller_hb4AG4jVAz5CP
Could it be the reserve that Amazons holds back? A new policy for some sellers who didn't have it applied.
Seller_hb4AG4jVAz5CP
Could it be the reserve that Amazons holds back? A new policy for some sellers who didn't have it applied.
