Understanding Third Party Reconciliation

This page covers the process of cash reconciliation from the Carriers. Carrier third-party reconciliation refers to the process of reconciling shipments or bills with third-party shipping or logistics service providers. This reconciliation is crucial for businesses that use third-party carriers to transport goods or deliver services, as it ensures that the invoiced charges are accurate and align with the services provided. We do not have a process to collect cash against the orders which get delivered by a third-party carrier.

Instructions

Navigating to Third Party Reconciliation

The third-party reconciliation option is available under the Finance Operation section

Using Third Party Reconciliation

Upon landing on the page, you see the list of carrier accounts where reconciliation is required for either of the cases:

Undelivered/RTO consignments
COD Delivered Consignments

Wherever a possibility exists, the Reconcile button gets activated and upon clicking you land on the page to reconcile both COD and Undelivered/RTO consignments (whichever is applicable)

As seen here, COD was collected and can be reconciled in one go for one or more than one consignments. You can also maintain transaction details here.