Flipkart
How to reconcile Flipkart seller payments and settlements
By the TruePayout team · Updated · 4 min read
Quick answer
To reconcile Flipkart payments, download the settled transactions report from Flipkart Seller Hub, check each order item's settlement value and fees (commission, fixed fee, collection fee, shipping and reverse shipping), then match each NEFT ID total to a credit in your bank statement.
Key points
- Flipkart settles per order item ID, and groups payouts by NEFT ID.
- The marketplace fee combines commission, fixed fee, collection fee and shipping fee.
- Ads, storage and other non-order charges sit on separate sheets and belong to the payout, not an order.
- Each NEFT ID total should equal one bank credit.
The fees you will see
| Fee | What it is |
|---|---|
| Commission | A percentage of the selling price, by category |
| Fixed fee | A fixed amount per item, by price band |
| Collection fee | For payment collection, by payment mode |
| Shipping fee | Forward delivery, by weight and distance |
| Reverse shipping fee | For returned items |
| TCS and TDS | Taxes withheld under GST and section 194-O |
Step by step
- Download the settled transactions report from Seller Hub, Payments.
- Check each order item ID: sale amount, each fee and the settlement value.
- Check returns and reverse shipping charges.
- Total each NEFT ID and match it to your bank statement.
Common differences on Flipkart
- Shipping charged for a heavier weight slab than your packed weight.
- Reverse shipping on an order that was not returned by the buyer.
- Commission above your category's rate.
- A NEFT ID total that does not match the bank credit.
Doing it faster
TruePayout reads the Flipkart settled transactions workbook (all sheets) and your bank statement, checks every order item and NEFT ID, and shows which differences are worth a claim. The preview is free.
Frequently asked questions
What is the marketplace fee on Flipkart?
It is the total of commission, fixed fee, collection fee and shipping fee for an order item. Each part is shown in the settled transactions report.
What is a NEFT ID in Flipkart payments?
It identifies one payout transfer to your bank. All order items and charges settled together share the same NEFT ID.
Why is there TDS in my Flipkart settlement?
Flipkart deducts income tax under section 194-O at 0.1% (since 1 October 2024). It appears in your Form 26AS and is adjusted against your income tax.