What do you send your accountant?
So I’ve been sending date range reports - summary reports monthly to my accountant but looking over some details it’s hard to see how they add up sometimes. The numbers just seem off.
What documents from amazon do you send? I’m vat registered if that makes a difference.
Working out VAT I just want to find somewhere on Amazon that shows:
UNITS SOLD THIS MONTH = 1000
TOTAL GROSS = £10000
so I can then do my own math to work out that each unit average selling price was £10.
I can’t find documents that list this simply.
What do you send your accountant?
So I’ve been sending date range reports - summary reports monthly to my accountant but looking over some details it’s hard to see how they add up sometimes. The numbers just seem off.
What documents from amazon do you send? I’m vat registered if that makes a difference.
Working out VAT I just want to find somewhere on Amazon that shows:
UNITS SOLD THIS MONTH = 1000
TOTAL GROSS = £10000
so I can then do my own math to work out that each unit average selling price was £10.
I can’t find documents that list this simply.
Seller_esvgLzKXw2YAl
As far as I’m aware, there is no other report that will give you exact sales/returns etc.
The business reports, you can narrow down to an individual ASIN, but they don’t account for returns and so on. Consequently, they are not that accurate.
You might want to look at using something like Sellerboard as it will give you more useable figures.
Though you could of course get the payment reports and sort the data accordingly. But that depends very much on your level of skill with spreadsheets.
11 replies
Seller_esvgLzKXw2YAl
The date range reports hold all of the correct information that is required by your accountant.
Though if you are also advertising and are vat registered, then you need to allow for the fact that those invoices have VAT on them. Other charges from Amazon do not.
But you may want to look at using something like Link My Books, which will pull all of the correct information directly into your accounts software.
Units sold has no bearing on VAT itself. So you don’t need that for VAT reports.
