Settlement & TCS reconciliation
Finance for businesses that sell through marketplaces
Marketplace payouts are money-in your books must explain: orders, fees, returns and the TCS the operator filed on your behalf. Upload each operator's settlement file, convert the orders to GST invoices in bulk, and compare your invoices with each settlement before you file, so month-end closes from your ledger instead of from seven spreadsheets you tie out by hand.
Settlement ingestion
CSV upload is the path that works today, for every channel: Amazon, Flipkart, Meesho, Blinkit, Zepto, Swiggy Instamart and JioMart. Finocket reads the header row and works out for itself whether you brought orders or a settlement, so you upload the file the operator gives you rather than reshaping it first. The Amazon (SP-API) and Flipkart API connectors are built and in beta: they pull orders, returns and settlements on a nightly schedule with TCS, commission and shipping broken out, but no seller account has run one in production yet, so treat the nightly pull as new and keep the CSV path as the one you can rely on.
Order → GST invoice
Every ingested order converts to a proper tax invoice with the correct CGST / SGST / IGST split from the buyer's state, in bulk, with one click. Your outward supplies are complete without a data-entry resource.
Settlement reconciliation
The operator files GSTR-8 on your behalf; you file GSTR-1. Open the reconciliation screen, pick a month, and Finocket diffs your marketplace-derived invoices against each operator's settlement view per channel, flagging anything that differs by ₹1 or more. The TCS inside GSTR-8 itself is not checked. You run it when you are ready to file. Nothing reconciles on a schedule, and nothing files or alerts on your behalf.
Payouts to books
Each payout is money-in that ties back to invoices, fees and tax in your Day Book, Outstanding and GST reports, the same books your CA files from, with a one-tap Hand-to-CA ZIP at period end.
Accounting, not selling
This is the money side of marketplace revenue: settlements into your books, invoices out, TCS reconciled. Nothing here lists a product, prices it, pushes stock to a channel or books a marketplace shipment. Finocket has stock and courier modules, but they are a different part of the product and no marketplace operations run through this page. Credentials you connect are AES-256-GCM encrypted and never stored in plaintext.