Search for the Noon settlement report and you will not find a button with that name. Seller Lab has a Statements page and a Transaction View, Noon's help centre talks about statements and payments, and sellers call the same file the settlement report, the statement or the payment report depending on who taught them. They all mean one thing: the record of what Noon owes you, what it took, and what it paid.

This post is about that record as a whole. Where it lives in Seller Lab, how to download it, what each kind of row means, where VAT sits, how to check it against your orders and your bank, and the surprises that catch most sellers the first time they open it. If you want each fee column taken apart one at a time, with your real commission and fulfilment rates worked out from it, how to read your Noon settlement report, fee by fee does that, and the two posts are meant to be read together.

Statement, transaction view, payment report: which is which

Seller Lab keeps your money in two views, both under Payment and Fees:

Statements. One a week. Noon generates a statement every Wednesday covering the orders delivered since the last one, the returns received for earlier sales, Noon's fees and any compensation. The Statements page also lists Statement VAT (the VAT on your invoiced statements), Payout (money sent to your bank), Expected Payout (what is coming) and Balance Transfer (money moved between your contracts, one per country).
Transaction View. Every line behind every statement, item by item. This is the file people mean by "Noon settlement report" or "Noon payment report".

The statement is the summary Noon pays against. The transaction view is the detail that adds up to it. When a statement total surprises you, the answer is always in the transaction view rows for that statement period, never in the orders report, which has no fees in it at all.

Noon describes both views, and the payout rules, in its Seller Help Center: Understanding the transaction view, Understanding the new statements view and the Payments processing policy, all read on 29 October 2026. If Seller Lab has moved a button since, those pages are where to look.

How to download your Noon settlement report

The whole period, for a month or a quarter:

Open Seller Lab and go to Payment and Fees, then Transaction View.
Choose the date range. For a month, take the month plus two weeks after it, so the late fee rows and the statement that pays them are in the same file.
Press Download, wait for the request to finish, then press Export.

You get an Excel file. For one week only, open Statements, open the statement you want, and download the same item-level report for just that statement, again with Download, then Export.

Each country is its own contract, so a store selling in the UAE, Saudi Arabia and Egypt has three reports in three currencies. Download each one, and do not add them together until you have converted them.

If you are loading the file into a tool, check what it accepts. SKUmargin's upload takes CSV, so open the Excel file and save it as CSV first. Keep the original too. It is the copy Noon will recognise if you ever need to raise a question about a line.

What a statement covers

Noon's Payments processing policy says a statement includes the orders delivered during the statement period, new customer returns received during the period for items paid in an earlier statement, Noon's marketplace fees as per your agreement, and any compensation for damages or returns penalty.

Two words in that list matter more than the rest. Delivered: an order counts in the statement for the week the customer received it, not the week they placed it. Earlier: a return claws back money in a later statement than the sale it reverses. Between them, they explain most of the gap between what your sales screen says and what a statement pays. When does Noon pay sellers? has the full calendar, the minimum payout rules and a worked week.

The five kinds of row

Every line in the transaction view carries a Transaction Type, and there are five of them. Learn these and the file stops looking like noise.

Order. The sale. It appears the day the customer orders, with the order number, the SKU and Net Proceeds equal to the price the customer paid for that item. It is the earliest place a sale shows up, before any money moves.
Order Update. Anything that happens to that order afterwards: the commission, the fulfilment charge, a shipping credit, a promotion subsidy, a refund. Same order number and item number as the sale, later transaction date.
Statement Fee. A charge with no order behind it. The order number reads "NA" and the Title column names the charge: storage, a subscription, advertising, and the subsidies that sometimes pay for them.
Payment. Noon sending your balance to your bank. Money out of your Noon balance, into your account.
Balance Transfer. Money moved between your contracts, for example to cover a negative balance in one country from another.

On every row, Total is what that line does to your balance. Charges are negative and credits are positive. On an order row, Total equals Net Proceeds plus every fee column, and if that holds on a handful of rows you can trust the file. The fee columns themselves (Referral Fee, Fullfilment & Logistics, Shipping Credits and the rest) are taken apart in the fees guide, and the guide to Noon seller fees explains what each kind of fee is for.

Noon's help page lists the columns without the "including VAT" in the names; the files we have read carry it, and it is the more useful reminder: every fee in the file is the fee plus VAT.

What the rows look like, with made-up numbers

Every number and reference below is made up, and only the columns that matter here are shown. The shapes are the real ones.

Reference Nr	Order Nr	Transaction Type	Title	Net Proceeds	Referral Fee	Fullfilment & Logistics	Non-Order Fees	Non-Order Subsidies	Total
R-1001	N-5001	Order	Desk lamp	100.00	0	0	0	0	100.00
R-1002	N-5001	Order Update	Desk lamp	0	-15.00	-5.00	0	0	-20.00
R-1003	NA	Statement Fee	Advertising Fee	0	0	0	-30.00	0	-30.00
R-1004	NA	Statement Fee	Advertising Fee (Subsidy)	0	0	0	0	30.00	30.00
R-1005	N-4870	Order Update	Phone case	-40.00	6.00	0	0	0	-34.00

Read top to bottom: a sale lands as an Order row, its fees arrive on an Order Update, an advertising charge and the credit that pays for it cancel out on two rows with no order number, and an older sale is refunded, with its commission coming back as a plus.

Add the Total column for one order and item and you have what that sale earned you after Noon, before your own costs. Add the Total column for a whole statement period and you should land on the statement's figure. If you do not, the usual reason is a row whose transaction date falls just outside the range you chose.

Where VAT shows up

VAT appears in three places, and none of them is a separate column in the export.

Inside the fee columns. The headers say "including VAT", so a commission figure is the commission plus VAT on it. Noon's help page on getting paid says the fees on its rate card exclude VAT, which is why your file shows more than the rate card.
On the Statements page, as Statement VAT lines: the VAT payable on each invoiced statement.
In Invoices and Credit Notes, also under Payment and Fees: the tax invoices behind it, for your filing.

Output VAT on your own sales is yours to work out per market; the Noon seller VAT report post shows how.

How to check it against your orders

The orders export tells you what customers bought; the settlement report tells you what Noon paid for. Lining them up once a month catches almost every problem while it can still be raised.

Export your orders for the month, and the transaction view for the same month plus two weeks, so late fee rows and the statements that pay them are included.
Match on Order Nr. Every order in the orders export should have an Order row in the transaction view.
An order with an Order row but no fee rows yet has not settled. Noon's statements include orders when they are delivered, not when they are placed, so recent orders are expected here.
An order with no row at all after a few weeks is worth a question: cancelled, not delivered, or missing.
Refund rows should each pair with an earlier sale. A refund for an order you cannot find is a question for Noon.
Each Payment row should match the money that reached your bank. Noon attaches a Bank Transaction ID to every payment for tracing it.

Noon gives you 15 days from the date a statement is generated to raise a claim on it, so do this weekly if you can, monthly at the least.

How to check it against your bank

The last step above deserves its own minute, because it is the one most sellers skip. Filter the transaction view to Payment rows. Each one is a transfer Noon made, with a date, an amount and a Bank Transaction ID. Your bank statement should show the same amount arriving a day or two later. If a Payment row has no matching deposit, quote the Bank Transaction ID to Noon; that is what it is for.

A week with a statement and no Payment row is not always a problem. A negative statement pays nothing, and a balance under the minimum for your bank account type is held and added to a later week. The Expected Payout line on the Statements page tells you which.

Common surprises

Net Proceeds is not what you receive. It is the sale before any fee. The Total column is the line's effect on your balance.
Fees arrive after the sale. A July order can have its commission in the August file.
A refund looks like Noon paying you commission. Read on its own, the reversed fee is a plus. It only makes sense next to the original charge.
Advertising appears twice. A charge and, when an ad credit covers it, a subsidy that cancels it. The ads cost per SKU post shows how to split it by product.
Storage has no product. It sits on a row with no order number, so no single SKU shows it.
A week with sales and no payout. A negative statement, or a balance under the threshold for your bank account type, is held until a later week.
The fulfilment header is misspelled. "Fullfilment" is how Noon spells it in the file; any import should expect that.
Your dashboard and your bank disagree. Sales that have happened but not yet been through a statement are money in transit; the unsettled orders post shows how to put a number on it.

Reading it every week without a spreadsheet

Doing all of this by hand works, and every seller should do it once to understand the file. Doing it every week is where it stops being worth your time. SKUmargin takes the same report, uploaded as CSV or pulled every two hours through the Noon seller API, and turns each row into a booked entry, keyed on the Reference Nr so a second upload of the same week never counts anything twice. Refunds are paired with their sales, advertising rows go to the Ads view next to what Ad Manager reported, and storage lands on the profit and loss view instead of disappearing.

The live demo shows what a statement looks like once it has been read that way, on a sample store with no account, and the free trial takes your first export the moment you upload it. Either way, the report is the truth about your money. Open it once properly and the weekly payout stops being a mystery.