Amazon settlement report doesn't match bank deposit

An Amazon settlement report that doesn't match your bank deposit is rarely a sign anything is wrong with your money — it's a sign the report and your bank feed are measuring different things.

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Net vs. gross is the first gap

Your Seller Central dashboard shows gross sales. Your bank only ever sees the net payout — sales minus referral fees, FBA fees, storage charges, and refunds. If you're booking gross revenue and expecting it to equal the deposit, it never will.

The settlement date isn't the deposit date

Amazon closes a settlement period, then deposits the money days later — the settlement closing date and the bank deposit date routinely land a week apart. Reconciling against the wrong date means comparing two different two-week windows of activity.

Reserves keep the settlement from ever hitting zero

Amazon holds back a rolling reserve based on your return rate and account health, to cover future refunds and A-to-Z claims. That reserve means your settlement's ending balance is not $0 even when every expected payout arrived — which reads as a discrepancy if you don't know to expect it.

What actually causes the mismatch

How FootingKit reconciles it

FootingKit ingests your Amazon settlement report and produces a QuickBooks- or Xero-ready entry that breaks gross revenue, fees, refunds, and reserve into separate lines, dated to the settlement period, so the total nets to your actual bank deposit. Every payout is verified to net exactly to its bank deposit, or the conversion is flagged and re-run — free.

FAQ: What if it still doesn't tie out?

If the totals still don't match after fixing net-vs-gross and timing, check for a manual payment or refund entered directly in QuickBooks that was never tied to the Amazon report — that's the most common remaining cause, and FootingKit's reconciliation report will flag it as an unmatched line rather than leave it buried in the total.

Convert your amazon file - done-for-you from $149

Related

The Footing Guarantee: every payout in your file is verified to net exactly to its bank deposit, or the conversion is flagged and re-run free. You get the reconciliation report that proves it.

Get your settlement reconciled - done-for-you from $149

FootingKit converts marketplace settlement reports into QuickBooks- and Xero-ready books, footed to the penny.