Referral fees are a small fee charged by amazon to the seller for selling on Amazon. Referral Fees are charged based on Category. Amazon charges a Percentage of referral fees for all kinds of item categories which is provided in the report as a referral fee preview report. In case of an refund and a customer returned order, Amazon refunds only 80% of the referral fee charged.
Total Referral Fees = Item price x Referral Fee percentage
e.g., If you are selling a Book at ₹ 450, referral fee percentage is 4%, so Referral Fees = ₹ 450 x 4% = ₹ 18.
Since there are so many different rates for different types of products and a lot of products are sold daily, it becomes very difficult to keep calculating the amount for each product and verify it with the amazon data. This is why Cointab made a system that tackles this problem with ease. The system calculates the rate based on the report received by Amazon.
According to this report the rate is calculated by our system and used for further calculations for each order.
• The system shows the total amount for each of these and the total count, which is the total number of orders under each fee and the difference.