Skip to main content

Create and submit an open statement for Amazon

Updated over 5 months ago

Process

  1. Navigate to CommerceIQ -> Profit Recovery Overview

  2. Download the data from the journey map

  3. Filter the data to open items

  4. Paste the applicable values into Amazons open statement template

  5. Upload to Amazon using their standard process

Gathering the data from CommerceIQ

In CIQ Navigate to Profit Recovery Overview and update to the desired time frame

At the top of the Profit Recovery section, click the forward arrow and select the Excel format from the pop-up to download data from the journey map for the selected time range.

In the downloaded spreadsheet, filter for the invoices that still have an open amount. This will be the list of unpaid shortage deductions for the Open Statement.

Before copying the Invoice Number to the Amazon Open Statement Template, the ending “R” needs to be removed. The data is correct however it’s pulled from the Invoice section of VC where Amazon includes the “R” to the Invoice Number

To Remove the last “R” from the invoice number:

  • In a blank column use the following function

  • =LEFT(B2,LEN(B2)-1) where B2 = the cell where the Invoice Number is located, this will most likely be the B Column, copy the formula to the rest of the invoice numbers on the spreadsheet

  • The result is all the Invoice Numbers will end in SC and not SCR, for example 1234SCRSCRSCR will become 1234SCRSCRSC, the deduction invoice number always ends in the SC

Fill out Amazon's Open Statement template

Start by downloading the Standard statement of open items template from Amazon Vendor Central.

Amazon requires the list of unpaid shortage deductions in their Open Statement Template. The data from the downloaded CIQ spreadsheet can be copied and pasted into the Amazon Template with the following translations:

Key: Template Name = CIQ Name

  • Document Number = Root Invoice

  • Document Date = Invoice Date

  • Document Due Date = Due Date

  • Document Amount = Invoice Amount (this is the original invoice amount)

  • Item Balance = Open Amount (this is the last iteration of the shortage churn that is unpaid)

  • Amazon Document = Invoice Number

  • Amazon Document Description - write in “Shortage Claim” and copy to all rows with data

Amazon's Open Statement file:

CommerceIQ's download, filtered to applicable collumns:

Copy and paste the shortage credit deduction data into the Amazon template and Save the template. Completed document shown below.

Submit in Amazon Vendor Central

Send the completed Open Statement Template to Amazon via a contact us case in Vendor Central.

Open a case: Contact us > Payments > Statement of Open Items Submission

Amazon will review the listing and respond back with a reconciliation:

  • Amazon will identify shortage invoices that will be paid back, meaning they found inventory to support the reversal of the claim

  • Amazon will also identify invoices which will not be paid back as the inventory and research do not support reversing the shortage claim deduction, this becomes the list of unpaid shortage claims deductions for a settlement agreement

Submit the list of unpaid shortage claim deductions (from the reconciliation) back to Amazon via the contact us case, open a new case if needed and reference the Open Statement Case Number. Instruct Amazon to forward the list of unpaid shortage deductions to their financial operations (fin ops) team for a settlement review.

Amazon will respond back with a settlement amount and you can proceed from here.

Did this answer your question?