Sales through e-commerce (amazon)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 January 2018
Dear Experts,
I do sales through e commerce (amazon)
Amazon makes the invoice of sales wherein supplier name is my firm and buyer name is the persons those who does place the order. Payment mode is COD, amazon courier representative deliver the goods and collect the money from buyer. The collected money will be deposited in Amazon bank account. Later after deducting it's commission amazon will credit rest amount in my bank account,
Pls clarify the following doubt..
1) in sales entry whether we will debit the amazon or real buyer,
2) amount is being credit through amazon account whether we will credit amazon account or buyer?
Thanks
Mohit
I do sales through e commerce (amazon)
Amazon makes the invoice of sales wherein supplier name is my firm and buyer name is the persons those who does place the order. Payment mode is COD, amazon courier representative deliver the goods and collect the money from buyer. The collected money will be deposited in Amazon bank account. Later after deducting it's commission amazon will credit rest amount in my bank account,
Pls clarify the following doubt..
1) in sales entry whether we will debit the amazon or real buyer,
2) amount is being credit through amazon account whether we will credit amazon account or buyer?
Thanks
Mohit
Udaya Chandran
(Expert)
13 January 2018
Divide the sales by category wise - Registered/Unregistered, you should maintain the record of all sales. If you're unable to maintain individual ledgers, you can simply debit amazon and credit whenever you receive the amount.
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