Trying to reconcile amazon on accounting software
New to Amazon Seller and it’s frying my tiny mind.
How do other people account for the sales and payments on accounting software?
We also use etsy and noths and they are a simple customer receipts minus company invoice and the amount in to the bank (or out of the bank) tally.
With Amazon, there is no tallying that way because of the reserve they keep. How do other people enter the details? any help would be appreciated
Thanks
Amy
Trying to reconcile amazon on accounting software
New to Amazon Seller and it’s frying my tiny mind.
How do other people account for the sales and payments on accounting software?
We also use etsy and noths and they are a simple customer receipts minus company invoice and the amount in to the bank (or out of the bank) tally.
With Amazon, there is no tallying that way because of the reserve they keep. How do other people enter the details? any help would be appreciated
Thanks
Amy
0 replies
Seller_7VbclcPFFRTnc
reports - payments - date range reports
what software are you using ?
Seller_j2BZBNIebhRVl
I use Xero and LinkMyBooks.
LMB pulls and feeds all data to Xero, it’s completely automatic and all I need to do is upload all my invoices at the end of each month ( or a quarter ). It’s also integrated with Etsy, eBay and Shopify.
There are other software packages I believe, this was my accountant’s preference and I haven’t had any problems at all.
