Related with accounting of e-commerce

If someone is doing business via Amazon, Flipkart or any other online websites & supoose if he sale T Shirt of Rs. 500/- to Mr. A via Amazon & got Rs. 400/- only from Amazon. Diff is amazon kept as its Fees....How one can record the transaction??? What one should treat this diff of rs. 100/-, Is any TDS applicability on the same???
Replies (3)

For example, the seller is doing e-commerce business via Snapdeal (Jasper Infotech Pvt. Ltd.):

1. When order is received on Snapdeal:

Dr. Buyer A/c
Cr. E-Commerce Sales
Cr. Applicable Taxes

2. For the aforesaid order, payment will be received from Snapdeal:

Dr. Jasper Infotech Pvt. Ltd.
Dr. Standard Marketing Fee
Dr. Payment Collection Fee
Dr. Logistic Fee
Cr. Buyer A/c

3. When payment is received in bank account from Snapdeal:

Dr. Bank Account
Cr. Jasper Infotech Pvt. Ltd.

4. When TDS is deducted by seller (if liable to deduct) on commission of Snapdeal:

Dr. Jasper Infotech Pvt. Ltd.
(Since commission is deducted by Snapdeal from the seller payout beforehand)
Cr. TDS Payable

5. After filing of TDS return you can claim the amount of TDS from Snapdeal by uploading the Form 16A in the Seller Panel.

6. The TDS claim, if found eligible, will be reimbursed to the seller along with the payout of the products, then:

Dr. Bank Account
Cr. Jasper Infotech Pvt. Ltd.

Thank u so much

What will be entries in Amazon books?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details