I have Amazon FBA seller client, I wouldlike to inquire from someone who have experience in eCommerce GIFI mapping:
Would you assign A/R GIFI code # 1060 to Amazon reserved balances (this is amount that will be paid next month from amazon to client).
How would you report Amazon Seller Fees and Amazon FBA fees; these are kind of commission Amazon cuts from gross sales, do you recommend:
A) selling cost gifi code #9273 or
B) COGS gifi code #8320 or
C) you recommend to report the net sales amount to sales GIFI#8210
D) I saw some accountants treat it as merchant fees under back charges GIFI#8715 which I am not in favor of.
Thank you for your thoughts