Myntra Reconciliation Software

Did Myntra Pay You Correctly? Find the gaps with Taxilla's Myntra Reconciliation Software.

Every Myntra settlement combines transactions across different reporting periods - orders, refunds, commissions, shipping fees, and more. Managing this manually increases the risk of missed revenue. Taxilla's Myntra Reconciliation Software gives your finance team complete visibility into every Myntra transaction while flagging revenue leakage.

  • For High Volume Myntra Sellers
  • Revenue Assurance
  • 100% Audit Ready

What is Myntra Reconciliation Software?

Myntra Reconciliation Software automatically verifies that every transaction recorded in Myntra matches what happened financially.

Instead of manually downloading reports and comparing spreadsheets, the software continuously reconciles orders, shipments, returns, refunds, settlements, invoices, bank credits, and fees to identify discrepancies before they impact your revenue or financial reporting. Think of it as a complete Myntra seller accounting software.

It closes the gap between what Myntra says it paid you and what actually landed in your bank account.

For Myntra sellers and finance teams, this means spotting revenue leaks early, cleaner books, and confidence that what you sold and got charged for is exactly what you got paid.

  • Sales, Returns, & Cancellations Fully Reconciled
  • Myntra Payment Reconciliation
  • Myntra Settlement Fee Validation

Why Myntra Reconciliation Fails Without Automation

Most Myntra sellers don't realize they're being underpaid until they run the numbers. By then, the window to dispute is often closed.

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01

Scattered, Inconsistent Data

Orders, returns, settlement reports, bank statements arrive in different formats - Excel, CSV, PDF - on different schedules, with no common structure.

02

Settlement Mismatches

Myntra payouts rarely match expected revenue. Shipping charges, platform fee, and other deductions are bundled together with little transparency.

03

Untracked Returns

RTO shipments, customer returns, and refunds pile up without being matched back to the original order or credited correctly.

04

Delayed Closure

Finance teams wait days for Myntra payment reconciliation data before they can close invoices, post credit notes, or finalize their books - delaying month-end close.

05

Unchecked Fees

Myntra fee structures are subject to change. Without validation, overcharges go undetected and unrecovered.

Manual vs. Automated Myntra Settlement Reconciliation

Process Area Manual Reconciliation Taxilla's Myntra Reconciliation Software
Data Collection Downloaded separately from Myntra, OMS, ERP, bank feeds Auto-import via API and file feeds from all systems
Matching Manual VLOOKUPs across spreadsheets Rule-based, AI-assisted line-item matching
Fee Validation Often skipped Every fee and deduction validated automatically
Returns Handling Hard to trace, often missed Matched automatically to the original order
Turnaround Time Days to weeks per cycle Near real-time, continuous reconciliation
Scalability Breaks down as order volume grows Scales to millions of transactions

One Solution for Myntra Reconciliation, Fee Validation & ERP Book Closure

Taxilla's Myntra Reconciliation Software validates entire order life cycle.
Orders Placed ↔ Orders Fulfilled/Cancelled/Returned ↔ Invoices ↔ Myntra Settlements ↔ Bank Deposit
You get a unified view of your entire Myntra business on a single platform - sales, returns, settlements, and charges.

Marketplace Orders

Myntra Orders

Every order tracked to fulfilment and settlement

Returns & Cancellations

Returns & Cancellations

Each cancellation or return traced back to its original order

Orders Fulfilled

Orders Fulfilled

Fulfilled orders matched with Myntra orders and ERP invoices

Payment Settlements

Myntra Payment Settlements

Compare expected vs actual payouts to find missing, or partial payments

Payment Settlements

Refunds

Verify each refund against returned orders

Payment Settlements

Invoices

Each invoice matched to the fulfilled order

Payment Settlements

Credit Notes

Each credit note matched with returned order

Payment Settlements

Bank Statement

Bank credits verified against settlements

Fees and Commissions

Fees and Commissions

Fee, commissions, deductions verified against rate cards

6 Discrepancies Taxilla's Myntra Reconciliation Software Detects Automatically

Missing Settlements & Short-Payments
Return & Refund mismatches
Orders not fulfilled
Missing & incorrect invoices
Bank payment not received
Overcharged Myntra fees & deductions

For every mismatch, your finance team can immediately see:

Which order caused the discrepancy
Which settlement/refund got affected
Which fee created the difference
Which reimbursement is still pending
Which bank deposit is missing
Which ERP entry needs correction

Instead of spending hours investigating exceptions, your team receives complete transaction-level visibility with an audit trail for every reconciliation.

Marketplace Order Fulfilment Reconciliation
01

Myntra Order Fulfilment Reconciliation

  • Myntra Orders ↔ Orders Fulfilled (OMS)
Marketplace Payment Reconciliation
02

Myntra Payment Reconciliation

  • Myntra Orders ↔ Returns & Cancellations
  • Myntra Orders ↔ Settlement Report
Marketplace Settlement to Bank Reconciliation
03

Myntra Settlement to Bank Reconciliation

  • Myntra Settlement Report ↔ Bank Statement
Marketplace Settlement Fee Validation
04

Fee Validation

  • Validate Myntra fixed fees, shipping charges, taxes, and other deductions against contracted rate cards
ERP Invoice & Credit Notes Reconciliation
05

ERP Invoice Reconciliation

  • Invoice ↔ Orders Fulfilled
  • Returns ↔ Credit Notes
ERP Book Closure
06

ERP Book Closure

  • Post reconciled entries directly to ERP GL/Sub-GL for invoice clearing and book closure

How Myntra Reconciliation Works - 3 Steps to a Single Source of Financial Truth

STEP 01

Integrate & Connect

Connect your Myntra Partner Portal account, OMS, ERP, rate cards, and bank feeds via pre-built API connectors or file-based integrations. No IT team required. This step eliminates any manual data preparation or file formatting. Taxilla automatically standardizes your data.

STEP 02

Transaction Matching & Clearance

The engine ingests Myntra orders, fulfilled orders in OMS, ERP invoices and credit notes, Myntra settlement reports, and bank statements - then matches every line item using configurable rules. Each Myntra fee/deduction is matched with an expected deduction a/c rate cards to identify revenue leakage.

STEP 03

Close & Report

View audit-ready reconciliation reports and summaries to give you a line-item level view of each order, get real-time snapshots through dashboards for CFO-level visibility, and close your books in days - not weeks.

Turn Myntra Reconciliation Into a Profitability Engine

1-3%

Revenue Recovery

Recover lost revenue by identifying overcharged fees, commissions, and marketplace deductions.

3x

Faster Close

Close your books up to 3x faster with automated Myntra reconciliation.

95%+

Match Accuracy

Automatically match over 95% of orders, settlements, refunds, and bank transactions.

100%

Audit Trail

Maintain a complete audit trail for every match, exception, and financial adjustment.

Built to Scale

Process millions of orders without adding finance headcount or slowing operations.

Estimate Your Annual Savings with Taxilla

See how much you can save by automating marketplace reconciliation and recovering lost revenue.

YOUR INPUTS

Finance team size (FTEs)* 5
150
Annual cost per employee (USD)* $50,000
$10K$10K
Annual order volume* 725,000
25K15M
Average order value (USD)*

Average order value is required and must be greater than zero.

ANNUAL GMV

USD 36.3M

Gross Merchandise Value processed per year

ESTIMATED NET ANNUAL SAVINGS

USD 537.5K - 1.3M

FTE cost saved + revenue recovered

PAYBACK PERIOD

4.0 Days

Time to recover your Taxilla investment

*Estimates based on industry benchmarks. Actuals may vary as per your current process.

Fits Into Your Existing Tech Stack

Taxilla doesn't replace your systems - it connects them. Integrate via API, SFTP, or file upload with:

Marketplaces

Myntra

ERPs

ERPs

OMS

OMS

Banks

Banks

Don't see your platform listed? Our format-agnostic engine integrates with any custom or niche system in your ecosystem.

Myntra Reconciliation Software Pricing

Pricing scales with your Myntra order volume. Choose the plan that best fits your business.

Start with a Free 7-Day Trial

Evaluate your data with a 7-day free trial of the Myntra Payment Reconciliation module. Upgrade to a paid plan to unlock the complete reconciliation suite and additional modules.

Parameter Growth Scale Professional Enterprise
Monthly Orders 5,000 20,000 80,000 Custom
Dashboard Users 1 2 3 Custom
Orders vs. Orders Fulfilled (OMS) Y Y Y Y
Orders vs. Returns & Cancellations Y Y Y Y
Orders vs. Settlement Report Y Y Y Y
Settlement Report vs. Bank Statement Y Y Y Y
Settlement Fee Validation Y Y Y Y
ADD-ONS
Invoice vs. Orders Fulfilled N Y Y Y
Returns vs. Credit Notes N Y Y Y
ERP Posting N Y Y Y
Support Plans
Standard Support Included in all tier
Priority Support Additional 15% of subscription fee
Premier Support Additional 22.5% of subscription fee

* All plans are billed annually, with pricing shown above as the equivalent monthly price.

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Frequently asked questions

How does Taxilla's Myntra Reconciliation Software help my business?
It helps you recover lost revenue by detecting short payments, overcharged Myntra fees, and missing reimbursements, while giving you complete financial visibility and faster, more accurate book closure.
Can Taxilla validate Myntra fees and commissions?
Yes. Taxilla validates FBF fees, commissions, and logistics charges against your contracted rates to flag overbilling and recover leaked revenue.
How does Myntra reconciliation connect to ERP book closure?
Taxilla automatically posts reconciled entries to your ERP's general ledger, clearing open items and enabling faster month-end close.
How does Taxilla handle returns and RTOs?
Returns and RTOs are automatically matched back to the original order and reconciled against credit notes and settlement adjustments.
How long does implementation take?
Most sellers go live within 1 to 2 weeks, using pre-built Myntra and ERP connectors alongside file-based integration options.
Can I start with Myntra and add more marketplaces later?
Absolutely. You can onboard one marketplace at a time and expand coverage as your business grows, without re-implementing the platform.
Can Taxilla handles transaction volume in millions?
Absolutely. Taxilla's Myntra Reconciliation solution is designed to scale automatically as the volume grows, without any impact in performance.
What will happen if my order volume exceeds the selected tier?
You can seamlessly upgrade to a higher plan as your Myntra business grows and your reconciliation continues uninterrupted.

Protect Your Revenue with Automated Myntra Reconciliation.

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