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WorksheetsLazada PH Quiz 3: Finance
Total questions: 20
Worksheet time: 3600secs
What are the 2 types of sellers selling on Lazada? (multiple answers)
Corporate Seller
Microseller
Fulfillment by Lazada
Dropshipping
All delivered orders from Monday to Sunday will be paid on ________________.
Thursday of the following week
Tuesday of the following week
Monday of the following week
Wednesday of the following week
A tab in Seller Center where the seller can view and check all the financial statements and its detailed breakdown.
Orders
Finance
Promotions
Growth Center
A statement status in Account Statement where the seller can view the current/previous week which has not been paid out.
Open
Payout Initiated
Paid
Pending
A statement status in Account Statement where the seller can view the unpaid statement that Lazada has initiated the payout and is currently in progress.
Open
Payout Initiate
Paid
Pending
A statement status in Account Statement where the seller can view the statement that has been paid.
Open
Payment Initiated
Paid
Pending
A tab under Finance> Account Statements where the seller can view the detailed breakdown of all transactions.
Transaction Overview
Order Overview
Account Statement
Payout Initiated
A tab under Finance> Account Statements where the seller can view the details that they can use to understand all transaction occurred within an order.
Transaction Overview
Order Overview
Account Statement
Payout Initiated
A transaction type that is posted as credit for the unit price of all delivered or sold items. It's triggered automatically when an order item status moved to 'delivered'.
Reversal Item Price
Payment Fee
Shipping Fee (Paid By Customer)
Item Price Credit
A transaction type that covers the cost of payment processing and is being computed from the Item Price (minus any seller promotional charges like Vouchers and Flexi Combo) plus the Shipping Fee paid by the Customer
Reversal Item Price
Payment Fee
Shipping Fee (Paid By Customer)
Item Price Credit
The amount (1% of the seller's net sales) charged by the cooperative to microsellers selling in Lazada. The fees collected are used to fund the administrative and operational expenses of the cooperative such as payment of salaries, rent, legal, accounting and taxation, utilities and other related expenses.
Reversal Item Price
Payment Fee
Admin Fee
Item Price Credit
Promotional Bundle charges are discounts provided by sellers for bundled items (weather quantity, combo or fee/sample). Its triggered automatically when any bundled items moved to 'delivered' state
Promotional Charges Bundles
Promotional Charges Vouchers
Shipping Fee (Paid By Customer)
Item Price Credit
A transaction type that is posted as a debit to reverse the item charges bundles when an item is returned and refunded.
Reversal Item Price
Payment Fee
Shipping Fee (Paid By Customer)
Item Price Credit
We only charge a payment fee for every delivered item if the seller is:
Non-Coop (Corporate Seller)
Coop Seller (Microseller)
All sellers, regardless if under Coop or not will be charge for payment fee
FBL sellers
Promotional Voucher charges are discounts provided by sellers for seller vouchers (discount amount from voucher would be stored at Item level). Its triggered automatically when any items purchased from vouchers moved to 'delivered' state
Promotional Charges Bundles
Promotional Charges Vouchers
Shipping Fee (Paid By Customer)
Item Price Credit
A transaction type that is posted as a debit to reverse the item charges bundles when an item is returned and refunded.
Reversal Item Price
Payment Fee
Shipping Fee (Paid By Customer)
Item Price Credit
What are the requirements that the seller needs to submit to receive their payout if they are a Corporate Seller? (multiple answers)
BIR 2307 and WHT Claims Form
Collection Receipt
Official Receipt
Account Statement
How will you know if a seller is a withholding tax agent and required to submit a 2307?
If we charged them for 12% VAT for the services we offer
If there's an indicated WITHHOLDING TAX - EXPANDED in the seller's 2303.
If they are charging their customer for the 12% VAT of the item
If they have 2303 or Certificate of Registration
Why does Lazada required the seller to submit 2307?
To evidence that the merchant has withheld taxes in behalf of Lazada.
To evidence that the merchant is a seller of Lazada.
To evidence that Lazada charge the merchant for the VAT of the items they sold.
To evidence that they are selling on Lazada
Given the following details below, how much will we charge the seller for the payment fee?
> Item Price: PHP 999
> Voucher Promotion: PHP 89
> Shipping Fee Paid by Customer: PHP 50
(a)
