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Hitesh Andani

Mynd Integrated Solutions Pvt.ย โ€ขย 3m

๐Ÿ’ผ Reconciliation Across Borders: My Recent Learning Experience Lately, Iโ€™ve been working on account reconciliation for Amazonโ€™s entities in the UAE and Saudi Arabia โ€” Qtech and Afaq Qtech. This experience has been an eye-opener into how cross-border e-commerce accounting really works โ€” from currency differences to platform-level adjustments, settlement timelines, and the importance of tracking every small fee and charge that impacts final payouts. Key takeaways so far: ๐Ÿงพ Each marketplace operates under a different legal entity and accounting flow. ๐Ÿ’ฑ FX fluctuations and VAT/GST compliance add an extra layer of complexity. ๐Ÿ•ต๏ธโ€โ™‚๏ธ Clean reconciliation isnโ€™t just about numbers โ€” itโ€™s about understanding the story behind every transaction. ๐Ÿค Collaboration with teams across finance, operations, and tech is essential to close gaps efficiently.

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