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Glossary

Flipkart settlement report

Flipkart's per-cycle settlement export to sellers, detailing every order, commission, fixed fee, collection fee, shipping fee, and tax for a given payment cycle, along with the net amount remitted to the seller's bank account.

Flipkart's Seller Hub provides a downloadable settlement report per payment cycle. Each row corresponds to an order or order-event (sale, return, commission adjustment, promotional adjustment) and carries the full fee breakdown: marketplace fee (commission), fixed fee, collection fee, shipping fee, and any subvention or rebate.

The cycle structure differs from Amazon: Flipkart typically runs T+7 to T+10 settlement cycles for prepaid and longer for COD, with payment terms varying by seller tier and category. Each cycle's net is paid to the seller bank as a single bank credit, which must reconcile to the sum of the cycle's settlement report lines.

Common reconciliation exceptions on Flipkart: shipping-fee mismatches due to weight reclassification, F-Assured premium fees applied to non-F-Assured orders, promotional commission discounts not reflecting, return shipping deductions exceeding rate-card allowances, and SPF (Smart-Picked Fee) charges on orders that should not have attracted them.

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