Expenses and Fees - Use this screen to configure settings to download your Amazon expenses and fees and to specify how to record the same and refund transactions as well. The settlement report can be downloaded 120 days back from the current date.
Step 1: Understanding expenses groups. Each area in the expenses and fees, setup involves looking at the Expenses group, which is the type of fee associated with each fee line item within a Settlement Report. Click here to view the Expenses group chart.
Step 2: Setting up QuickBooks transaction types. The QuickBooks transaction type area sets up the type of transaction created in QuickBooks when Unify Enterprise can posts the expenses and fees to QuickBooks. A transaction can be either a Paid/unpaid Bills or Checks.
Step 2a: Setup the transaction type for each expense group fee. This must be done for each expense group fee. It is split into two areas:
- Transaction expenses (orders)
- Fees associated with refunds expenses
Step 3 : Selecting a transaction type for each expense. The expense can be created as a :
1. Paid/Unpaid Bill :
**NOTE** - The Bill Date can be set to either the beginning or end date of the settlement report as pictured below, to accurately show when that money was taken out of a clearing account or undeposited funds.
2. Check :
Step 4 : Recording expenses and fees related to returns
If an order is refunded with Amazon, fees associated with returns can be setup as well. View the Amazon Expense article on what Expense group item goes with the expenses and fees in Amazon. These can be recorded as :
- Bill (Credit)
Next Steps :