To better reflect actual business activity, we shifted to an accrual-based Profit reporting methodology. It gives you a more accurate and timely view of your business.
*FINANCE_PROFIT_LEDGER
, FINANCE_PROFIT
* and *FINANCE_PROFIT_METRICS*
tablesTo accommodate varying customer needs, alongside the new default accrual method, we now provide alternative profit recognition methodologies:
Method | Profit Recognized On | Use Case | Status |
---|---|---|---|
Accrual Profit | Order Date | Best for forecasting and tracking business activity (default) | Supported (new default) |
Recorded Profit | Amazon’s Posted Date | Reflects Amazon’s official ledger posting date and internal accounting timeline | Supported (alternative tables released) |
Cash Profit | Disbursement Date | Tracks actual cash flow when funds hit your bank account | Not supported yet |
This translates into the following changes:
Changes to existing models
FINANCE_PROFIT_LEDGER
: addition of accrual_date
& recorded_date
(each reflecting events date depending on the method type).
posted_date
remains as an alias of accrual_date
FINANCE_PROFIT
addition of date_day
(alias of posted_date)FINANCE_PROFIT_METRICS
addition of date_day
(alias of posted_date)New models
FINANCE_PROFIT_RECORDED_BASIS
(daily profit aggregated on recorded date)FINANCE_PROFIT_METRICS_RECORDED_BASIS
(daily profit aggregated on recorded date)