Settlement reports
Pulled from each platform.
All software & automation services
Software & Automation
Marketplace and Payment Gateway Reconciliation
Marketplace and gateway payouts arrive net of commissions, fees, refunds, chargebacks and tax collected at source. FinAura sets up automated matching of each settlement to the orders behind it, records fees and refunds correctly, reconciles TCS and TDS to the tax statements, and ties the payout to the bank, so sales and receivables in the books are right.
- Implementation specialists, not resellers
- Accountants who use the software daily
- Bangalore and across India
What is covered
What Marketplace and Payment Gateway Reconciliation Covers
Every payout split into what it really contains.
Order matching
Each payout to its orders.
Fees and commissions
With GST on them.
Refunds and returns
Recorded and tracked.
TCS and TDS
Matched to tax statements.
Bank tie-out
Payout to bank credit.
How the month runs
How It Works
Pull, split, match, tie out.
Step 1
Pull
- Settlement reports
- Order data
- Bank
Step 2
Split
- Sales
- Fees
- Refunds
Step 3
Match
- Orders
- Tax credits
- Exceptions
Step 4
Tie out
- Bank
- Receivables
- Claims raised
Your part
What We Need From You
- 01Seller and gateway account access
- 02Order data
- 03Bank statements
- 04Accounting software access
Our part
What You Get
- Settlements matched to orders
- Fees and refunds recorded right
- Tax credits claimed
- Short payments found and claimed
A common question
Why do marketplace payouts not match sales?
Because each payout nets off commissions, shipping, fees, refunds, chargebacks, reserves and tax collected at source, often across several order dates.
Without splitting each settlement, sales and fees are misstated, tax credits are missed and short payments go unclaimed.
See e-commerce accountingBooksMatched and tied out
SplitSales, fees, tax
PayoutNet amount
Who it is for
Who It Is For
Amazon and Flipkart sellers
High order volumes.
D2C brands
Razorpay, Cashfree, PayU.
Subscription businesses
Recurring gateway receipts.
Sellers with unexplained gaps
Payouts below expected.
The rules, in plain English
What the Law Says
CGST Act, 2017
Section 52
E-commerce operators collect tax at source on supplies made through them and report it; sellers claim it against their GST liability.
Official source: cbic-gst.gov.inIncome-tax law
TDS by e-commerce operators
E-commerce operators deduct tax on amounts paid to sellers, which sellers claim as credit in their returns.
Official source: incometax.gov.inThis is general information, not advice for your situation; we confirm what applies to you before any work starts.
Questions we get asked
Marketplace and Payment Gateway Reconciliation: Questions, Answered
What is marketplace TCS?
Tax collected at source by e-commerce operators on sales made through them under GST, which sellers can claim as credit; there is also income-tax TDS by operators.
Can reconciliation be automated?
Largely, using settlement reports and matching rules or tools; exceptions are reviewed by our team.
Can you recover short payments?
We identify them with evidence; claims are raised with the marketplace through your seller account.
How often should settlements be reconciled?
Weekly for high-volume sellers, monthly at minimum.
Often Taken Together
All 13 Software & Automation services01Software & AutomationFinance Automation and IntegrationsBank feeds, payment gateways, e-commerce and CRM connections, and Google Sheets automation for the reports that still live in spreadsheets.02Software & AutomationPower BI and Zoho Analytics ReportingDashboards built on your accounting data that refresh themselves, instead of spreadsheets rebuilt every month.03Accounting & FinanceAccounting & BookkeepingClean, current books every month, reviewed by a Chartered Accountant.04Accounting & FinanceFinance OperationsReconciliations, payables, receivables and a predictable month-end close.