Meesho is an online shopping platform where a multitude of products are available, especially women’s clothing and accessories. It is growing as an immensely popular shopping site. Along with providing a platform to shop, sellers can also list their products on Meesho to make it available to more customers. Since Meesho itself attracts a large customer base, many businesses want to sell their products through Meesho. Since many customers are exposed to your product, many will buy your product too. But since there are so many transactions happening through Meesho, it gets tough to check each order and the payment made. In case some payments are not made or they are still pending. Then you could lose out on those payments and incur a loss. That’s where our automated reconciliation system can help you. Our system can completely automate the Meesho Marketplace Reconciliation with ERP process for you. It displays the result where it shows you the orders paid for correctly and it points out if a lesser amount is received on any orders.
Reports Used for Reconciliation
Meesho All Order Report
The details on every order placed through Meesho are present in this report.
Meesho Sales Report
Details on orders fulfilled, canceled or returned and also the invoice amount collected from customers are available in this report
Meesho Settlement Report
In this report, the fee, taxes etc are noted along with the final settlement amount
Meesho Returns Report
All returned orders, the returned payments and inventory details are recorded in this report.
Reports from the client’s ERP System (e.g., SAP, Tally, etc.)
All the order details recorded by your ERP system is present in this report
Meesho Marketplace Reconciliation with ERP Result
Meesho with ERP Reconciliation
To determine whether the net sales amount that Meesho has paid you is accurate, the software reconciles the Meesho reports with the client’s ERP report. The software then presents the outcomes and indicates whether the sales amount does not match, in which case it indicates how much is overpaid or underpaid on these orders. You can simply track orders and payments using forward reconciliation with Meesho and ERP in this way.
Reconciled with ERP Leger
On these transactions the net sales amount matches in the ERP report and in the Meesho report.
Less Amount recorded in ERP
These are the transactions on which the net sale amount is lesser in the ERP as compared to what is recorded in the Meesho Sales report.
More Amounts recorded in ERP
Shown here are those transactions on which the net sale amount in the ERP exceeds the amount in the Meesho Sales report.
Missing in Meesho
These transactions are not recorded in the Meesho reports but are recorded in the ERP system.
ERP with Meesho Reconciliation
The software checks to see if any net sale payments made to you by Meesho are underpaid or overpaid on any orders by comparing the client’s ERP report against the Meesho report. The software also makes clear which transactions have not been completed. This backward reconciliation is carried out to verify the net sales and sequential payments.
Found and Reconciled with Meesho
On these transactions the net sales amount matches in the ERP report and in the Meesho report.
Less Amount recorded in Meesho
These are the transactions on which the net sale amount is lesser in the Meesho sale report as compared to what is recorded in the ERP report.
More Amounts recorded in Meesho
Shown here are those transactions on which the net sale amount in the Meesho Sales report exceeds the amount in the ERP report.
Missing in Meesho
These transactions are not recorded in the Meesho reports but are recorded in the ERP system.
As a seller on Meesho, our software helps reduce the manual effort and funds you need, in order to verify the payments made by Meesho on each order. By automating this process you will be able to easily analyze and check on which orders Meesho has underpaid or overpaid you. This way you can prevent a loss and request an invoice for the payments you are owed from Meesho.
