Grow Your Amazon Business with Expert Accounting for Amazon Sellers
Hire Remote Bookkeeper, Accountant, Tax Preparer, or Admin Staff
Monthly Bookkeeping, Inventory Tracking, Financial Reports, and Tax Help for Amazon Sellers
Our Services
We are experts in Bookkeeping for Ecommerce based businesses in United States & across Globe. We serve all Ecommerce businesses including drop shipping Businesses
- Daily/Weekly/Monthly Categorization of Transactions.
- Monthly Bank, credit Card & Payment Gateway reconciliation.
- Recording of Expense done through your personal Credit Card for your business. *(Master Card Visa card images to add)*
- Recording of your Sales, Returns, deliver cost, cogs, Market place fees, Merchant gateway fees, etc for all the deals happening from various Marketplaces.
- Reconciling all your control accounts like Loans, Mortgages, Overdraft accounts, etc.
Bookkeeping For Amazon Sellers
Bookkeeping for Amazon Seller, Amazon marketplace is an e-commerce platform that is owned and operated by Amazon It enables third-party sellers to sell either new or used products on a fixed price online marketplace. Furthermore, depending upon the usage, the billing reports are created. The AWS Cost and Usage report gives an in-depth information about the use of AWS resources and the projected cost for the specific usage.
There are various applications that help in managing various business transactions that occur through Amazon. One of the state-of-the-art technologies can be managed by the automated accounting by A2x which gives a detailed insight for the sales, fees, cost of goods sold and FBA inventory.
A major concern that many sellers often face is the taxation as many of the sellers are unfamiliar with the various terms such as sales tax, VAT, nexus, etc. For a clear picture, there are two main types of taxes – 1) Income tax and 2) Sales tax also known as Value Added Tax (VAT) or Good and Services Tax (GST) in some countries.
A2X Software for Amazon Bookkeeping
Bookkeeping for Amazon Seller -The A2x software makes accounting work easier by automatically fetching the latest Amazon settlement transactions and then posts the summarized transactions to your accounting system.
Hence, giving an inclusive insight for every penny of the Amazon settlements.
Additionally, it also helps you save time in expanding your Amazon business as the software takes complete control of the accounting management.
The vital thing about software is its accuracy. Therefore, over 1000 Amazon sellers consider it a leading and trustworthy software.
You can prepare detailed reports for Amazon business through COGS per unit, live inventory report and profitability report.
The accounting for COGS allows you to administer your inventory by treating your product inventory as an asset until you sell the product. It also includes the procurement costs, production costs, taxes and duties, listing fees and inventory storage fees and costs.
The live inventory and comprehensive profitability report enable you to plan and adapt to the marketplace in a smarter and faster way. It gives an edge of advantage and helps make complex automation get easier.
This whole process may seem complicated. But with the use of the right software, the complete process can be in a proper system. Some of the best tools that can be used for the process are the A2x for account integration and Xero or Quickbooks for accounting. These are some of the best tools to make your financial accounting seamless and profitable.
Meru Accounting USA
A Bookkeeper not only segregates your data, but they also presents you a sorted platter. One glance through the sheet and you can find the right information. It is our vast experience of accounting and bookkeeping that gives us the edge at keeping your books perfect.
Bookkeeping is an art! Like any other form of art, it gets better with practice. Our experience of more than five years making us one of the best virtual bookkeeping service providers.
Being India’s leading bookkeeping and tax return firm, we believe in easy dealing with our clients for which we provide a set of an initial checklist of documents required from you. Your documents are safe with us. We remain in touch with our clients via various online platforms.
Being your virtual bookkeeper, it is essential that the book shall be easily available to you at all times. Meru Accounting provides cloud-based accounting on Quickbooks, Xero, etc. We are a certified silver partner with Xero.
We guide our clients at quality bookkeeping and also assist them by providing various financial reports. Let us do your bookkeeping, so you can run your business well.
Our expertise
- Working of LLC
- Calculating sales tax and filing of sales tax returns
- Payroll tax reconciliation and calculations ( State and Federal Taxes)
- Calculation of Payroll taxes and filing of returns with State and Federal
- Working with credit card integrations like Shopify, Paypal, STripe, Authorize.net, etc
- Franchise Tax calculations
- Calculation of Texas, California, New York Payroll taxes
