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Chargeback Accounting: Why It’s so Difficult - and Tips for Making it Easier (Webinar Replay)

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Manage episode 457226105 series 3627130
Content provided by Chargebacks911. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chargebacks911 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Webinar Replay – Audio from an earlier webinar with experts from Chargebacks911

Accountants working with e-commerce retailers need to understand the dangers of friendly fraud chargebacks: illegitimate credit card charges that are forcibly reversed by the cardholder’s bank. This large and growing threat can be crippling to businesses.

Chargeback accounting involves multiple moving parts. Dispute fees, refunds, and other related costs must be calculated and recorded, with some funds possibly being returned to the business weeks or months later.

In this webinar, we explain the chargeback threat and look at factors that can make chargeback accounting a headache. We’ll also cover ways accountants can make working with chargebacks a little easier.

  • Determine why chargeback accounting practices must be dynamic
  • Give examples of how strict chargeback time frames complicate accounting
  • List tips for building your chargeback accounting strategies
  • Identify experts’ “must-have” tools for effective chargeback accounting
  • Recognize the importance of reporting, dispute analytics, and diagnostics

Webinar presentation by Jarrod Wright

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 457226105 series 3627130
Content provided by Chargebacks911. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chargebacks911 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Webinar Replay – Audio from an earlier webinar with experts from Chargebacks911

Accountants working with e-commerce retailers need to understand the dangers of friendly fraud chargebacks: illegitimate credit card charges that are forcibly reversed by the cardholder’s bank. This large and growing threat can be crippling to businesses.

Chargeback accounting involves multiple moving parts. Dispute fees, refunds, and other related costs must be calculated and recorded, with some funds possibly being returned to the business weeks or months later.

In this webinar, we explain the chargeback threat and look at factors that can make chargeback accounting a headache. We’ll also cover ways accountants can make working with chargebacks a little easier.

  • Determine why chargeback accounting practices must be dynamic
  • Give examples of how strict chargeback time frames complicate accounting
  • List tips for building your chargeback accounting strategies
  • Identify experts’ “must-have” tools for effective chargeback accounting
  • Recognize the importance of reporting, dispute analytics, and diagnostics

Webinar presentation by Jarrod Wright

  continue reading

100 episodes

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