GlossaryLive

What is a Shopee settlement?

A Shopee settlement report is issued each payout cycle, detailing deductions from gross sales: commission, shipping fees, shop-issued vouchers, and processed refunds. The final settlement is what actually arrives in your bank account — typically less than storefront sales. Download from Shopee Seller Center → My Income → Settlement Report, then upload to MooMooNext for automatic line-item splitting and VAT calculation.

Thai SME ownerLast updated 2026-04-18

Shows gross sales, commission, shipping, vouchers, and refunds as separate items

Settlement ≠ storefront sales — platform costs are deducted first

Download from Shopee Seller Center → My Income as Excel

MooMooNext auto-splits line items and calculates VAT

Why is my settlement less than my sales?

Shopee deducts commission, shipping fees, Shopee Ads, shop-issued vouchers, and refunds before transferring the net amount.

Where do I download the settlement report?

Shopee Seller Center → My Income → select month → Download Settlement Report (Excel).

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