Is impending Canada Post strike affecting deferred transactions for FBM?
I do all of my FBM shipping through Canada Post (movies) and since the announcement of the impending strike, my pending payment has dropped drastically and deferred transactions are at almost 100% of sales but there has been nothing from Amazon on this. Has anyone seen this in their store? Has anyone heard anything from Amazon about this?
Is impending Canada Post strike affecting deferred transactions for FBM?
I do all of my FBM shipping through Canada Post (movies) and since the announcement of the impending strike, my pending payment has dropped drastically and deferred transactions are at almost 100% of sales but there has been nothing from Amazon on this. Has anyone seen this in their store? Has anyone heard anything from Amazon about this?
2 replies
Seller_7LrAV0m5llaI7
Nothing to do with Canada Post, we noticed all all shipments from October 22nd for FBM and October 26th for FBA is being listed as deferred instead of just being in the account level reserve.
If you click on all your deferred transactions, it shows a release date for each and every transaction. Usually 6 days after delivery. Yes, it is lumped into the same spot now as the 30 day invoiced transactions, but you can click on them and see.
It seems like they are trying to be transparent now on why they held the money in account level reserve.
See the new highlight from the delivery date policy below:
"Note: Previously, sales proceeds withheld through Delivery Date-Based Reserves appeared as a lump sum amount "Account-Level Reserves" on your Payments Dashboard. This is now shown as deferred transactions so that you can know exactly which orders are subject to these policies and for how long they will be reserved."
Daryl_Amazon
Hey @Seller_BlRqJ73sTz02F,
As mentioned by JPart2, Amazon has recently made changes to provide more transparency in how they handle reserves for orders subject to the Delivery Date-Based Reserve policy. Instead of displaying a lump sum amount under "Account-Level Reserves," Amazon now shows these reserves as deferred transactions, allowing you to see the specific orders affected and the release date for each transaction, typically six days after delivery.
While this change may have contributed to the perceived drop in your pending payments, it's important to note that the funds are not lost; they are simply being held temporarily as per Amazon's policy. This measure is likely implemented to protect both buyers and sellers in case of any issues or disputes related to the orders.
To better understand the Delivery Date-Based Reserve policy and how it may impact your business, I recommend reviewing the following help pages:
Understanding Account-Level Reserves
I hope this information helps provide some clarity and context around the changes you're observing in your account.
Daryl
