Accounting & reconciliation

Know exactly what you
earned — to the last order.

We reconcile every marketplace settlement down to the order-ID level, account for every fee, refund and reimbursement, and remit your money in your currency within 5 days. Complete financial clarity on your India marketplace business — without you touching a spreadsheet.

Why it matters

A settlement report isn't an answer.

Selling on a marketplace generates a settlement report, not clarity. Between referral fees, fulfilment charges, refunds, reimbursements, promotions, taxes and duties, the gap between gross sales and money in the bank is where margin quietly disappears.

Our Accounting & Reconciliation service closes that gap. Using our in-house ERP, Jennifer, and reconciliation platform, Drishti, we account for every rupee across your marketplace transactions, reconcile it against the underlying orders, and give you clean, audit-ready financials and profitability you can act on. You get the numbers; we do the accounting.

What this service entails

We take raw settlement, transaction, order and returns data and turn it into a reconciled, seller-ready set of financials. Every disbursement is matched to its source order and its individual fee, refund and adjustment lines — so nothing is unexplained and nothing is unaccounted for. On top of the reconciled ledger we produce profitability reporting, tax and duty accounting, and structured recovery of amounts you're owed. It is bookkeeping and marketplace finance built specifically for sellers — read-only, accurate, and on a fixed cadence.

Core offerings

Six things we account for.

From order-ID-level reconciliation to remittance — one connected service across your marketplace finances.

Settlement & payment reconciliation

We ingest settlement and transaction reports and reconcile gross sales, referral fees, fulfilment and storage fees, refunds, chargebacks, promotions and adjustments against every order — down to the order-ID level. You see exactly how each payout was built.

Profitability & margin reporting

SKU-level and order-level profitability statements that net out all marketplace deductions, so you know your true contribution margin by product, category and period — not just top-line GMV.

Fee & deduction leakage detection

Automated flags for incorrect fees, over-charged commissions, duplicate deductions and unexpected adjustments — the leaks that erode margin without ever showing up on a dashboard.

Reimbursement-claim support

We identify and substantiate discrepancies — lost or damaged inventory, fee overcharges, missing reimbursements — and prepare the documentation needed to recover what you're owed.

Tax & duty accounting

GST/VAT and import-duty computation and documentation, with support for periodic return filing, so your marketplace accounting stays compliant and filing-ready.

Payout & remittance management

We compute net proceeds and remit funds — including local-currency payouts for cross-border brands — within a 5-day cycle, with real-time cash-flow visibility throughout.

How it works

From access to remittance, in four steps.

01 — CONNECT

Read-only access

You grant read-only access to your marketplace financial and order reports. We never modify listings, pricing, inventory or account settings.

02 — RECONCILE

Matched to source

Jennifer and Drishti automatically match every settlement to its orders, fees, refunds and adjustments at the order-ID level.

03 — REPORT

On a fixed cadence

You receive reconciled financials, SKU-level profitability, tax/duty summaries and flagged discrepancies on a fixed cadence.

04 — RECOVER

Recover & remit

We pursue reimbursements you're owed and remit your net proceeds in your currency within 5 days.

The benefits

Clarity, protected margin, faster cash.

Full financial clarity

Every payout traced to source — no unexplained deductions, no month-end guesswork.

Protected margin

Leakage and fee errors caught early and recovered, not written off.

Faster cash flow

Reconciled remittance in 5 days, in your currency, with live visibility.

Filing-ready compliance

GST/VAT and duty accounting kept clean and current.

Zero operational load

No spreadsheets, no manual settlement matching — your team focuses on selling.

A single source of truth

One reconciled ledger across your marketplace activity, powered by Jennifer and Drishti.

Why Valuecart

Purpose-built for marketplace finance.

Purpose-built technology

Jennifer (our ERP) and Drishti (our reconciliation platform) are proprietary systems built for order-ID-level marketplace accounting — not generic bookkeeping software retrofitted to a marketplace.

Deep marketplace-finance expertise

7+ years reconciling marketplace settlements and managing cross-border payouts for global brands selling in India.

Backed by four decades of commerce

Valuecart is the cross-border arm of RK Group, one of India's largest independent e-commerce sellers, operating since 1980 — so we understand marketplace economics from the seller's side of the ledger.

Read-only by design

Our accounting service requires visibility into financial and order data only — a deliberately narrow, low-risk access footprint.

Certified culture

Valuecart is certified as a Great Place To Work® (India), and operates in compliance with India's DPDP Act 2023.

Success stories

Reconciled financials through the ramp.

ANKER — CHARGING & ELECTRONICS

~350% growth in year one

Scaled across 11 live categories, supported by reconciled payouts and clear marketplace financials throughout the ramp.

DIGIROOT — CONSUMER TECH

~78% GMV growth

Cleared-in-under-a-week onboarding; fast, transparent settlement handling reduced their operational overhead.

A reliable partner for import services, catalogue checks and shipment assistance — always timely and professional.

E
Elago
Accessories brand

Professional standards, truly trustworthy. A reliable partner and a cornerstone of our success in India.

O
Olevs · OPK
Watch brand
Free reconciliation review

See what your settlements are really telling you.

Send us a recent settlement period and we'll return a free reconciliation review — every fee, refund and reimbursement, reconciled to the order.