This Reconciliation Process is done using Clients Internal Database

There are occasional disagreements regarding the specifics of an item between the data from Myntra and client OMS reports. Given that these contradictions exist between these two reports. We also compute all the data, verify if it matches the final reports, and display variations in the outcomes. To do this, we cross-check the reports from the Myntra Marketplace reports with the reports from the client’s order management system.

The Reports needed are:
  • Myntra Seller Order Detail
  • Myntra Sales Revenue Report
  • Myntra PG Forward Settlement Report
  • Myntra PG Reversal Settlement Report
  • Myntra GST Return Reports
  • Myntra Non-Order Settlement Report
  • Reports from the client’s order management system (e.g., Increff, Unicommerce, Shopify, etc.).

Once the reports are taken and the reconciliation process is done the result is showcased in a very systematic format.

 The Result is as follows:
Myntra GST Report vs Increff Order Management System Report

The System checks all the data recorded in the client’s order management system (OMS) and compares the data with the Myntra GST (Invoice) report. It then differentiates the orders and highlights them as follows:

  • Reconciled Orders:
    • These are those orders whose net sales in the GST reports match the net sales in the OMS reports.
  • Less Settlement recorded in OMS
    • The orders whose net sales in the OMS is less than the net sales in the Myntra GST report.
  • More Settlement recorded in OMS
    • The orders whose net sales in the OMS is more than the net sales in the Myntra GST report.
Myntra Settlement Report vs Increff Order Management System Report

The System checks all the data recorded in the client’s order management system (OMS) and compares the data with the Myntra Settlement report. It then differentiates the orders and highlights them as follows:

  • Reconciled Orders:
    • These are those orders whose net sales in the Myntra Settlement reports match the net sales in the OMS reports.
  • Less Settlement recorded in OMS
    • The orders whose net sales in the OMS is less than the net sales in the Myntra Settlement report.
  • More Settlement recorded in OMS
    • The orders whose net sales in the OMS is more than the net sales in the Myntra Settlement report.
  • Missing in OMS
    • The Orders which are present in the Myntra Settlement report but not reported in the OMS.
Increff – Myntra Reconciliation

The System checks all the data recorded in Myntra’s reports and compares the data with the client’s order management system (OMS). It then differentiates the orders and highlights them as follows:

  • Reconciled Orders:
    • These are those orders whose net sales in the OMS reports match the net sales in the Myntra Payment report.
  • Less Payment recorded in Myntra
    • The orders whose net sales in the Myntra Payment report is less than the net sales in the OMS.
  • More Payment recorded in Myntra
    • The orders whose net sales in the Myntra Payment report is more than the net sales in the OMS.
  • Not Found in Myntra
    • The Orders which are present in the Myntra Payment report but not reported in the OMS.

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