Amazon settlements are generally paid every 1-2 weeks, but will often cross a month boundary.
For example, one settlement may start on June 25th and run through to July 9th.
If we would create only one journal for this settlement, it would either need to be created in June, or in July. This means that the entire period of sales and expenses will be recorded in a single month, when in fact, it relates to two months.
A2X will split the settlement data according to which month the sales or fee actually occurred in. This will ensure that your financial accounts properly record the transactions in the month that they've occurred in.
This will also make months more comparable to previous months and years for your reporting.
Please Note: When we split settlement entries in QuickBooks, we use a 'Carried Forward Balance' account to carry over the pending Amazon settlement balance. You can learn more about this method HERE
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