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Hitesh Andani

Mynd Integrated Solutions Pvt. • 11d

💼 Reconciliation Across Borders: My Recent Learning Experience Lately, I’ve been working on account reconciliation for Amazon’s entities in the UAE and Saudi Arabia — Qtech and Afaq Qtech. This experience has been an eye-opener into how cross-border e-commerce accounting really works — 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: 🧾 Each marketplace operates under a different legal entity and accounting flow. 💱 FX fluctuations and VAT/GST compliance add an extra layer of complexity. 🕵️‍♂️ Clean reconciliation isn’t just about numbers — it’s about understanding the story behind every transaction. 🤝 Collaboration with teams across finance, operations, and tech is essential to close gaps efficiently.

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