An Amazon.ae payout in dirhams, deposited in Canadian dollars
A Canadian company selling on Amazon.ae: the settlement posts in AED, the payout lands in a CAD bank account at the bank's rate, and the small difference is an exchange loss or gain.
The example
Caution: The numbers here are made up to show the steps.
A settlement ends on October 3 and pays AED 10,000.00. Bookalyze posts it in dirhams, valued at that day's rate, say 1 AED = 0.3720 CAD, so the payout is worth CAD 3,720.00 on your clearing account. The bank deposits CAD 3,689.40 two days later.
Match it
Where in the app: Commerce → Settlements → the settlement → Match
Deposits in another currency are offered when they're within 10% of the market rate on Amazon's deposit date. The candidate shows the bank's rate, how far it is from the market, and the exchange difference. Match at this rate.
| Account | Debit | Credit |
|---|---|---|
| Bank (CAD) | 3,689.40 | |
| Loss on foreign exchange | 30.60 | |
| Amazon.ae clearing (AED 10,000.00) | 3,720.00 |
What you should see
What you should see
- The clearing account back at zero, in dirhams and in Canadian dollars
- The settlement page says "valued at 1 AED = … CAD"
- Profit and loss shows the exchange loss on its own line
Tip: Converted deposits are never matched in bulk or automatically: you confirm each one.
Read next
Match each payout to its bank deposit
Matching pairs a marketplace payout with the deposit in your bank and moves that deposit to the clearing or balance account, so your sales are counted once. Works in any bank account and any currency.
Read the guideCurrencies, exchange rates and transfers between currencies
Your books are kept in one main currency. Accounts, marketplaces and entries in other currencies are converted at each day's rate, and a transfer between currencies records what the bank really gave you.
Read the guideAmazon settlements: bring in, upload, post
Every Amazon settlement comes in on its own and reads line by line. Upload older ones, or rebuild years of history from one date range transaction report, then post each as one entry.
Read the guide