Reconciliation

eCommerce Sellers operating in multichannel have a big and common concern regarding reconciliation. Reconciliation is the method of comparing two different ledgers and making a balancing statement out of it. eVanik OWS being a business management system software brings out to you the efficient and effective way to instantly reconcile without any hustle in real-time. It takes over the responsibility to cross check your payments, inventories, charges, taxes, etc to adhere to all the eligibility required to ease your reconciling power. This is most trusted software assistance by sellers’ Chartered Accountants and is highly suitable for any business size

Reconciliation is a very crucial process to mitigate the financial risks arising due to non-reconciliation of orders, inventory, payments and vendors. Reconciliation has to be integral business process for any marketplace seller or online seller.

• Unpaid Orders
• Under Paid Orders
• Wrong Deductions
• Replacements

• Returns not received
• Wrong products returned
• Damaged / Lost Returns
• Reimbursements not received

• Claims and Disputes
• Wrong shipping weight
• Order Date vs Invoice Date: GST Implications

• Product level profitability
• GST and TCS mismatch
• Accounting and Compliance concerns
• Slow down in business growth due to back office tasks
• Multi-Channel dynamic behavior
• Different strokes for different folks