A2X

A2X for Walmart Launch | Seamlessly Automate your Walmart Accounting with A2X

Today is an exciting day for everyone here at A2X. That’s because today, we are thrilled to announce the launch of A2X for Walmart. While Walmart has traditionally been a big box retailer operating megastores throughout the world, they recently entered the online shopping industry in a big way - by creating the Walmart Marketplace and acquiring a number of smaller online shopping platforms to fuel their growth. If you’re selling on Walmart, or planning to sign up in the near future, then you’ll be pleased to know that A2X for Walmart is here to take the hassle out of eCommerce accounting.

How A2X handles VAT in all European Amazon marketplaces

Here’s how A2X can help you manage your sales tax Anyone who runs an online store will know that the beauty of e-commerce is its capabilities are limitless. It’s a fantastic way for retail stores of any type and size to reach a new community of customers – enabling you to expand your sales worldwide without the extensive costs of setting up a brick-and-mortar store. E-commerce has levelled the playing field, making it possible for small businesses to compete with corporate giants on an international stage.

Accounting for Facebook Shops with A2X for Shopify

Learn how A2X can integrate with Facebook Shops in order to give you automated and accurate accouting for your business. There’s no other digital marketing opportunity quite like social media. It’s one of the easiest ways to spread the word about your brand, engage potential local and international customers – and ultimately grow your e-commerce business. Facebook has dominated the social media market for a decade. Not only is it the platform of choice for connecting with family and friends, but it’s also the go-to marketing tool for most business owners.

The Ultimate List of Tools for Amazon UK Sellers

Streamline your operations and get ahead of the competition. Here are the top tools you need to be using if you’re selling on Amazon UK. In 2002, Amazon launched its UK marketplace, allowing third-party sellers to sell their products to local and international Amazon customers. Over the past 18 years, Amazon UK has grown to be the second-largest marketplace in Europe, and thanks to Europe’s version of Fulfilment by Amazon (FBA) – called the European Fulfilment Network (EFN) – over 280,000 UK sellers use the online marketplace.

The ultimate guide to Shopify accounting with A2X

Running a business is often a flurry of admin tasks and never-ending to-do lists, coupled with some testing setbacks and lots of rewarding milestones. Creating and growing a successful e-commerce brand is no different – but don’t let that scare you. When the hard work pays off, the feeling of accomplishment is even sweeter. Like all good things, building and running a Shopify store takes time and effort. At times, the process can feel overwhelming and you might even ask yourself whether it’s all worth it.

How to get reconciled Shopify POS accounting

As a busy retail shop owner, your time is spread across a wide range of activities every week. Whether it’s looking after customers, managing staff or setting up your systems for success, the last thing you want to do is create unnecessary work. And while simplicity is a virtue in any business, the retail landscape has grown much more complex thanks to the prominence of the internet. Customers expect us to be present on social media, have an online store, and provide a range of shopping options to suit their preferences.

Amazon Pay accounting and reconciliation with A2X

Finally a way to accurately automate your Amazon pay accounting and reconciliation with A2X for Amazon. Here’s how. When customers check out with Amazon Pay, the sales proceeds arrive in the merchant bank account up to two weeks later. They are batched with other transactions and various fees are deducted. Often the merchant has no way to account for the fees or to reconcile the funds received with the sales orders they see in Shopify or other sales channels.

eBay bookkeeping made simple with A2X

Use cloud-based software and A2X to level up your accounting Whether you’re just starting or you’re a well-established online business, you’ll probably have heard of eBay. Established in 1995, it’s been a popular online auction marketplace for many years and is a great way for e-commerce businesses to supplement their existing revenue channels. Most eBay sellers will agree that bookkeeping can be painstakingly time-consuming – but it’s the price you pay for being an entrepreneur.

Amazon FBA Sellers Get Better Accounting with A2X

Accurate accounting thanks to seamless integration With the number of apps and technology available today for e-commerce sellers, manual accounting processes can be – and should be – a thing of the past. There are few other business tasks as essential, yet labour-intensive, as accounting. It can both drive the growth of your business forward, and at the same time, completely overwhelm you. There is a time and a place for manual spreadsheets and processes, often best used at the start of your Amazon FBA journey when order numbers are low.

The authentic buyer’s guide to Shopify automation

Where to automate your business – and with what apps Shopify is one of the biggest names in e-commerce, so big that it’s hard to remember a time when the platform didn’t exist. Over the past 15 years, Shopify has well and truly carved its name into the web application hall of fame, offering traditional retailers and entrepreneurs alike the freedom and wealth of e-commerce. With a myriad of different e-commerce platforms available to today’s keen entrepreneurs, there are many reasons why Shopify’s star shines so bright.

Introducing Shopify POS powered by A2X for Shopify

Shopify has launched a new point of sale tool for retailers to accompany their suite of powerful tools for ecommerce merchants. As the leaders in ecommerce accounting, A2X, alongside Xero will be supporting the launch with a promotional plan for 50% off both A2X and Xero subscriptions for 6 months (subject to terms & conditions). A2X for Shopify works flawlessly with Shopify POS (point of sale) Make omni-channel selling is a breeze, A2X will break out, summarise and simplify your POS and ecommerce sales directly into your accounting system.

The authentic buyer’s guide to Amazon automation

Why, how and with what apps Every online retailers’ dream is to grow a successful business, and while it’s not the reality for some (some products just won’t sell), it has been and can be attainable for many. Since its inception 25 years ago, Amazon has evolved to become the largest online marketplace in the United States. Amazon’s customer base by far exceeds that of its competitors, with 12 marketplaces worldwide generating US$280.

The 10 E-commerce Accounting Principles

The accounting basics you need to know and understand As bookskeep CEO Cyndi Thomason puts it, “E-commerce businesses are really data businesses” – and we couldn’t agree more! While most e-commerce sellers don’t get into business for the accounting, its important to understand your numbers if you’re to grow not only a profitable business – but a healthy one too. bookskeep started like most other e-commerce businesses – out of necessity.

Keen to hear from QuickBooks Online experts discussing e-commerce?

Join Hector Garcia LIVE when he interviews Brittany Brown of LedgerGurus tomorrow 2/20/2020 1pm-3pm EST Register here: https://zoom.us/webinar/register/3115536351662/WN_cyfZbUStQgy4y8ywVm_W6g Brittany Brown of LedgerGurus specializes in e-commerce accounting for US-based businesses and advocates for A2X. Using A2X gives you confidence in your e-commerce financials because you know the numbers are right when it reconciles to the cash in your bank account. She’ll include a demo which shows how A2X automates important steps in Amazon and Shopify accounting.

The Velocity of Ecommerce and Insight - Part 3

Intro: Whether you’re on the go or in the office A2X will save you time and money. You’re selling on an e-commerce platform and you want to do it right. This video is an interview with Conrad Rohleder, founder of Clearinity, a premier integration company. Conrad Rohleder: When you had brick-and-mortar stores, a customer had to stand in front of you and you had to sell them a product.

Business Intelligence and Summary Accounting - Part 2

Intro: Whether you’re on the go or in the office A2X will save you time and money. You’re selling on an e-commerce platform and you want to do it right. This video is an interview with Conrad Rohleder, founder of Clearinity, a premier integration company. Conrad Rohleder: When you had brick-and-mortar stores, a customer had to stand in front of you and you had to sell them a product.

The Velocity of Ecommerce and Sales - Part 1

Early teleshopping in France, in the 1970s, paved the way for today’s ecommerce store, and now, 51% of Americans now prefer to shop online rather than in-store. A memorable brand experience and gaining long term customers is still the objective for any seller. Although social media has proven a powerful tool for marketing products, the urge persists for many shoppers to just get-out-there and find real human interactions.

Where To Find An E-commerce Accountant or Bookkeeper

Introducing the e-commerce accountant directory Find an E-commerce accountant here It’s a complicated beast, accounting – and as an e-commerce store owner, you’ll have had first-hand experience. E-commerce has grown at a tremendous rate, and with it comes the growth of a new breed of accountants. A2X works closely with a fantastic network of e-commerce accountants from all over the world, who are highly experienced with A2X and more importantly, understand the accounting complexities experienced by Amazon and Shopify sellers.

A2X in London, Singapore and Toronto

The A2X team is currently spread out far and wide for a very busy end of year. Whether you are in London, Singapore or Toronto, there will be an event nearby. Giving you plenty of opportunity to meet the team and check out firsthand the new Shopify integration and the new VAT features for Amazon accounting with A2X.  A2X in London After a successful QuickBooks Connect 2019 in San Jose.

The Best Accounting Software and Tools for Shopify

Your Shopify accounting sorted The best tools and systems for your Shopify business As a Shopify seller, having a good set-up is crucial for business growth and maintenance. If you’re an e-commerce seller on the hunt for the perfect accounting system, this article will explore why Xero and Quickbooks with A2X for Shopify are the best solutions on the market. QuickBooks Online $15-$40 per month Intuitive QuickBooks Online is rated by many as the gold standard software for small business accounting – and they wouldn’t be wrong.

A2X named Emerging App of the Year finalist in Xero Awards 2019

Thanks to your incredible support over the years, A2X has been named a finalist in the 2019 Xero Awards in the Emerging App of the Year category for the release of our Shopify accounting tool, A2X for Shopify. The Xero Awards 2019 are all about recognising and celebrating diverse partner firms, apps and small businesses. Basically, it celebrates those who are doing extraordinary things in the life of their businesses.

Accounting and Sales Tax: What do Amazon Sellers Need to Know?

The Supreme Court ruled in favor of South Dakota, granting the state authority to impose sales tax obligations on out-of-state transactions. Online sellers will have a new set of obligations and challenges ahead of them, while states could potentially gain billions in revenue. But what does it mean for your business? In an exclusive webinar from the tax pros at Avalara & A2X, we explain everything you want to know about sales tax compliance and automating accounting.

The Best Apps to Fully Automate Your Shopify Store

How to fully automate your store functions As a seller, you’ll know the beauty of e-commerce is that you can run your business – and sell your products – from anywhere, and to anyone, in the world. While that creates accessibility and flexibility, it doesn’t necessarily make business any easier. Automating your store functions is the best way to streamline your e-commerce business, removing the manual busywork, so you can concentrate on more valuable tasks – the ones necessary to growing your business.

Accounting for Shopify - The Best Shopify Apps for Accounting

Cloud-based apps and software have revolutionized the digital landscape for businesses and consumers alike. By removing the need to store everything on physical drives, and making information available at all times through the cloud, a new world of possibilities have emerged that simply weren’t possible 20 years ago. When it comes to accounting for your store’s transactions, cloud-based apps offer a wide range of ways to simplify your activities and free up more time to focus on higher value tasks.

A2X named Xero's App Partner of the Month for September 2019

A2X, the worlds leading Shopify and Amazon accounting connector has been named by Xero as it’s App Partner of the Month for September 2019. A2X has been helping thousands of you across the world to automate, streamline and accurately account for all of your, or your client’s e-commerce sales for over 5 years now. The launch of our new product, A2X for Shopify is now helping Shopify stores all across the globe to accurately account for their Shopify sales inside of Xero.

Join A2X and special guests at Xerocon Brisbane 2019

The A2X team are very excited to be attending Xerocon with the main focus being the recently launched, A2X for Shopify! This week, on the 4th and 5th of September, A2X is heading along to Xerocon at the Brisbane Convention & Exhibition Centre. As well as the usual Xerocon excitement, we have a jam-packed schedule planned for you. If you’re an accountant with Shopify clients or you are interested in the e-commerce accounting niche, come by the A2X booth with all your pressing questions.

The Top 10 Best Shopify Apps to Increase Sales

Marketing, sales, customer service and back-office You’ve set up your Shopify store and now you’re ready to grow your business, and that means increasing sales. Shopify’s App Store is full of free and paid plugins you can easily integrate and use to your advantage. Too much choice, though, makes it hard to know where to invest your time – and sometimes money. So, we’ve done the research for you, compiling a list of the top ten apps you need to grow your turnover and revenue.

How-To Guide: Seamlessly Integrate Shopify with QuickBooks

Integrating Shopify with QuickBooks. Step-by-step instructions using A2X Good, accurate accounting is fundamental to the growth and compliance of any business. For small e-commerce sellers, crunching numbers, while essential, is one of those back-office admin tasks that chews up a lot of time and effort. For that main reason, e-commerce sellers often turn to third-party accounting software like QuickBooks to help them automate their business financials. Lots of Shopify sellers currently use QuickBooks, and if you’ve stumbled across this article, we’re guessing you’re in that boat.

How to leave a review of A2X on the Amazon Appstore

Amazon apps now have a home for reviews, and A2X is front and center here. Reviews mean a lot to us at A2X, but they also mean a lot to you, all the new customers that are looking for solutions to their e-commerce accounting. The thousands of positive experiences our customers have helps to guide new customers to our solution so that it might help them too. The proof is in the pudding, as you can see from the hundreds of reviews that you, the person accounting for your e-commerce sales, have taken the time to share on the independent app websites that are most relevant to you and your colleagues, from Capterra, Shopify, Apps.

How-To Guide: Seamlessly Integrate Shopify and Xero

Integrating Shopify with Xero. Step-by-step instructions using A2X You have your Shopify store, and your accounting software Xero – and now you’re looking to integrate the two. No problem. This how-to guide includes step-by-step instructions on how to sync them up – including using an accounting connector app. “No! Not another app to add to the mix!” we hear you say. But, it’ll be worth it, promise. This guide will take you through how to easily integrate A2X with both Shopify and Xero and why your e-commerce business will benefit tremendously from using an accounting connector.

The Definitive Guide to Shopify Accounting

You’ve finally decided it’s time to open an e-commerce store, and you’ve chosen Shopify as your sales platform. Great job – you’ve made the first step. More than likely you’re now smack bang in the middle of a whirlwind of activity – developing product, building a business plan, devising a marketing strategy – all super important parts of starting and running your own business. You’ve been told the first couple of years in business will be hard – and we won’t lie, it is.

Peace of mind with A2X and TaxJar

How they work together to make your sales tax life easier If you’re getting serious about your Amazon e-commerce business, you’ll have already got yourself dedicated cloud-based accounting software, like Xero or QuickBooks. Hopefully you’ll also have integrated A2X so you have timely, useable sales data and reporting at your fingertips. The next thing you need? Sales-tax software. The cold hard truth is that if you’re selling via Amazon FBA, at some point you’re going to be paying sales tax – and that’s when your life can get complicated, especially if you’re selling in the US.

LIVE RECORDING: Sales tax in a post-Wayfair world: Where are we now and what you need to know

Over the past 10 months, United States sales tax laws have changed dramatically for online sellers (both domestic and foreign) that supply customers in America. On June 21st, 2018, the US Supreme Court discarded the physical presence requirement sales tax nexus in their landmark Wayfair ruling. Since then, we have experienced a great deal of changes to how states calculate and collect sales taxes. Many of these changes have been negative, but you may be surprised to hear that some of them are positive.

A2X for Shopify is here to help you simplify your Shopify accounting!

You asked and we listened. After many months of development and hard work behind the scenes, we’re thrilled to announce that our latest integration is here: A2X for Shopify. During the past four and a half years, we have helped thousands of Amazon sellers and accountants to simplify their bookkeeping by automating the process of importing financial information into Xero and QuickBooks Online. Through accounting for settlements rather than individual transactions, A2X provides a highly accurate and scalable method of recording transactions.

How the US Trade Tariffs will affect Amazon FBA Sellers

PART ONE - An Interview with Paul Grey of ExportX - global sellers on the Amazon platform since 2008 - By Karen Brady Click here for PART TWO ExportX is an international e-commerce business representing more than 50 brands of products from Australia and New Zealand, selling with Amazon and FBA since 2008 in the USA, Europe, Asia and Australia. ExportX has been importing goods to the USA for more than 10 years and has long experience with customs clearance and tariffs in dozens of product categories.

The Amazon FBA secret recipe for success in 2019

Every year, the Amazon marketplace grows and morphs into something new. What was once an obscure online bookstore has come to dominate online retail throughout much of the world. Here’s some interesting facts and figures: Amazon’s share of the US e-commerce market is now 49%, or 5% of all retail spend - July, 2018. Amazon operates marketplaces in 13 countries and ships worldwide. Amazon entered the Australian market at the end of 2017.

The Lazy Entrepreneur Podcast Features A2X

A2X was featured on the Lazy Entrepreneur Podcast this week. Where long time business owner and A2X user, Sam Priestley showed his listeners the details of the day-to-day of his Amazon FBA accounting. He goes into depth on how he combines a traditional accountant, bookkeeping software and A2X to handle a large international Amazon FBA business. Explaining it all to his wife and business partner Emma who has no experience whatsoever with accounting or bookeeping.

QB Appy Hour features A2X

A2X was featured on the QB Appy Hour last month. Ellen and I showed how A2X can automate Amazon accounting as part of an overall ecommerce accounting workflow. Check out the recording below:

A2X wins Xero Americas Industry Specific app of the year 2018 award

We’re thrilled to announce that A2X has been granted the Industry Specific app of the year award at the Xero Americas awards 2018. This award recognizes the fact that accountants and bookkeepers in North America (and throughout the world) are gaining significant amounts of value out of using A2X to automate their Amazon accounting. _“The niche focus of A2X has really paid off… no other tool on the market nails Amazon payout reporting like the tool they’ve made.

Using spreadsheets for your Amazon accounting? Here's how it compares to A2X

Patti Scharf from Catching Clouds gave a great summary of the benefits and problems with spreadsheet based accounting for Amazon and why a specific Amazon accounting solution like A2X can make it more automated, and accurate. We always tell Amazon sellers it’s better to focus on value-add activities in the Amazon business such as new product development or sales and marketing, instead of boring/time-consuming spreadsheet accounting. Similarly for accountants, it means moving to value-based services and automating the mundane data entry, so you can focus on the high-value consulting and advice that is both a more valuable use of your time, and more beneficial to your clients.

Happy Holidays from A2X

Happy Holidays! Our teams are taking some time away for the holidays and reflecting on the year. We wanted to let you know that there’ll be some changes to our usual availability over the next 10 days. Our support team will be available on reduced hours over the holiday period, so please be patient with us, we will get back to you, but instead of the usual speedy 30 minutes, it might take us until the next day to get back to you.

How to Accountants can grow their Amazon seller client base

If you’re an accountant who’s trying to establish your niche, serving Amazon sellers is a great option. Consider this: there are over 2 million sellers registered on Amazon, and approximately 2,975 sellers join Amazon every single day. That’s a sizeable pool of potential clients that you can target, right off the bat. On top of that, these folks are raking in quite a bit of cash. All in all, marketplace sellers made $118.

QuickBooks Firm of the Future Finalist, Reconciled, chooses A2X

A2X is used by Firm of the Future finalist, Reconciled, for their Amazon accounting automation. Intuit has published the finalist videos - A2X gets a special mention as a tool that helps Reconciled with Amazon accounting. We’re thrilled to be in such great company - thanks for the shout out, Reconciled! Check out the video here:

Introducing A2X for Intuit QuickBooks Desktop and Enterprise

You’ve asked, and we’ve listened. Today we are pleased to announce that A2X will be adding support for QuickBooks Desktop into our core A2X product. With more than 2.8 million subscribers, Intuit’s QuickBooks product is the largest self-serving accounting system in the world by users, and QuickBooks Desktop makes up a large chunk of that. **What does this mean for you? ** Well if you’re a QuickBooks Desktop user, that means you can export your Amazon settlements from A2X, and then automatically import them into QuickBooks Desktop.

A2X asks Accountants in the UK: How can Amazon Sellers prepare for the UK’s MTD?

MTD, or Making Tax Digital, means a big change for Amazon Sellers trading in the UK, and affects all aspects of the way Sellers account for VAT to the HMRC. Despite the increasing urgency for Sellers to start their transition to compliant digital systems, there is currently very little mentioned about MTD on the UK media. When I first considered this topic for a blog, I never imagined that I’d actually be in the UK, talking to Accountants about how Amazon Sellers can prepare for this.

Amazon FBA in the UK and how A2X makes accounting so much easier

This article is has been written with our good friends at OD Accountants in the UK. It discusses the growth of Amazon FBA in the UK and how OD Accountants have been working though the challenges of Amazon accounting with the help of A2X. During recent years, online marketplaces have transformed the way we shop. Amazon brings together sellers, merchants and businesses in almost every industry into a highly competitive marketplace.

Options for filing sales tax returns

This article is a guest post from our good friends at MuseMinded - The Amazon Accounting Specialists. They have teamed up with Permitted to offer a free sales tax starter kit for US-based Amazon sellers. Learn more here. As the third and final article in our three-part series, this blog post takes a look at filing frequencies, and some of the ways that you can file your sales tax returns. In our previous two posts, we covered:

Sales tax: Understand your obligations and make a plan

In the United States, there is lots of confusion surrounding sales tax among Amazon FBA sellers. This is due to a concept called nexus, which refers to having an economic connection or link to a State. To understand why nexus is such an important consideration for Amazon sellers, we need to take a look at how the retail landscape has changed over the past few decades. Before eCommerce and large scales online marketplaces such as Amazon and eBay gained prominence, most retail business in the US was conducted by bricks and mortar stores.

Join A2X at Xerocon Brisbane and our Brisbane Amazon Accounting Meetup!

The team at A2X will be heading to Brisbane, Australia early September for Xerocon Brisbane 2018! We will be there in full force with plenty of your favourite A2X Swag. Be sure to come and visit our booth on the exhibitor’s floor to come and say hello to the team! We will also be hosting another one of our popular Amazon accounting meetups - this time will be a little different.

Xero Awards 2018 – A2X is a finalist

Our trip to Xerocon Brisbane next month just got a little more exciting with the news that A2X has been shortlisted as an Award finalist in the category of: ‘Industry specific app partner’ As an app partner, A2X solves a very specific problem for Amazon sellers and is recommended by Accountants and bookkeepers as a necessary tool to automate the reconciliation of settlements paid by Amazon to its Sellers. We’re looking forward to being in good company on September 4th at the awards event.

Product update: Free trial available for Amazon cost of goods sold and FBA inventory valuation, plus new cost management tools

In the latest release of A2X you’ll notice a few changes that we’ve made to cost management, cost of goods sold and FBA inventory. We’ve been hearing your feedback, so thank you for the input and suggestions, we hope you like the new tools. Cost of goods sold (COGS) is now integrated into the A2X free trial, so you can set up and preview cost of goods before choosing your plan.

It's a wrap - Xerocon Atlanta 2018

We are back from another fabulous Xerocon. A complete contrast to the snow Ashley, Paul and Rachel had in Austin, Texas. Atlanta put on a fine show for us weather wise and in many other aspects as well. We sampled the many delights of southern cuisine, managed to spend some time outside the conference visiting the cities many attractions such as the CNN building, the Center For Civil and Human Rights and of course we could not pass up the opportunity to visit the World of Coca-Cola.

A2X joins the Amazon Marketplace Appstore

Amazon just launched the Marketplace Appstore, which has been developed specifically with marketplace sellers in mind. The Appstore will function as a central interface for merchants to browse and discover plugins and software integrations that interact directly with their Seller Central accounts. We’re excited to announce that A2X is listed on the Appstore, under the category ‘Accounting and Tax Remittance’. A2X is automated accounting for Amazon Marketplace Sales, fees, cost of goods sold, and FBA inventory.

Sales tax, historic data, and multiple channels - understanding taxes in Pennsylvania

Like many states, Pennsylvania is in the process of introducing new tax legislation aimed at ecommerce retailers. While their new system is slightly less messy and complicated than some others, it can still be difficult to understand for non-accountants. If you’re an Amazon seller selling in Pennsylvania, it’s obviously beneficial to understand the ins and outs of the new system. We talked to Amazon tax expert Michael Fleming, of Michael J Fleming & Associates Sales Tax and More, to gain a better understanding of the issues and how they will affect your business.

New taxes, new issues - understanding Washington’s Marketplace Facilitator Tax

If you’re an Amazon seller with sales in the state of Washington, you may have noticed some changes to the way your sales tax appears in your A2X reports. This is the result of the new ‘Marketplace Facilitator Tax’ that was introduced in January this year. While this specific tax only applies to sales in Washington State, other states are introducing similar taxes of their own, which will affect Amazon sellers in the future.

A2X and the GDPR - changes to our privacy policy

The EU General Data Protection Regulation (GDPR) will set a new standard for how companies use and protect EU citizens’ data. It will take effect this month on 25th of May 2018. A2X takes security and privacy of your data seriously and will be meeting these new standards with changes in user consent and privacy policy. You will notice several changes in A2X to ensure we are meeting our obligations.

How A2X lets Acuity do more for their clients - automated, accurate, affordable

Acuity is a US-based accounting firm that specialises in bookkeeping and accounting for small businesses. They are tech leaders in the accounting field, and are always looking for ways to make their work more efficient and save money for clients. A2X – which helps them automate some complex processes, get accurate numbers, and speed up their results – does just that. After implementing A2X and seeing the difference it made, the team at Acuity recommends it to all their Amazon clients.

A2X is heading to Xerocon Atlanta and hosting a meetup!

Early June the team at A2X will be heading to Georgia for Xerocon Atlanta! As a regular at Xerocon now, we’re very excited to meet with clients, partners and accounting firms who have clients selling on Amazon. Xerocon is being hosted at the Southern Exchange in Atlanta Georgia from June 6-7th 2018. Find out more info and get tickets here. We’ll also be hosting an Amazon Accounting Meetup on day one of Xerocon.

A2X is officially a member of the Amazon Marketplace Developer Council

A2X is going to be attending Prosper Show 2019 – March 17-19 - Feb 4, 2019 […] members of the Amazon Marketplace Developer Council, we are always very interested to learn about the best ways that the Amazon ecosystem can improve […]

A2X is officially a member of the Amazon Marketplace Developer Council

We’re excited to announce that A2X will be participating in the new Amazon Marketplace Developer Council. The developer council consists of a group of developers and organizations that extensively use the Amazon Marketplace APIs to create useful software apps for Amazon sellers. Through participation in the Amazon Marketplace Developer Council, A2X will be offering input towards the roadmap and future development priorities for the Amazon marketplace APIs. What does this mean for the future of Amazon?

A2X, bookskeep, and backdating the books

bookskeep is a US-based bookkeeping firm that specialises in ecommerce businesses. They’ve been around since 2014, and have been an A2X partner since 2017. bookskeep has a high number of clients using QuickBooks Online, although they’re seeing an increasing number of Xero users too. Recently, the bookskeep team helped a client who needed to rebuild their financial records in order to sell their business – and they realised the true value of A2X.

A2X, Amazon, and the future of accounting with HPC

A case study with HPC Accounting and A2X HPC Accounting is something of a trendsetter among US accounting firms. The business started in 2011, and unlike most firms at the time, focused on providing value-based services, rather than charging clients hourly rates. Since 2016, they have abandoned time tracking altogether, preferring to give their clients personalised service and in-depth advice. As Accounting Manager Catherine Fogarty explains, HPC was also an early American adopter of Xero.

Amazon Bookkeeping tips from Patti Scharf, Catching Clouds

Patti Scharf from Catching Clouds has published this fantastic video on the Catching Clouds Academy YouTube channel introducing the many challenges and mistakes Amazon sellers make when accounting for their Amazon sales, and how you should be doing it (with A2X). Here’s the video, I highly recommend checking it out: Patti is putting out a ton of great videos, so if you like this one, subscribe to their channel.

A2X & Xero present the Amazon Accounting Meetup in Las Vegas

Our previous Amazon Accounting Meetup in Austin, TX at the previous Xerocon was a huge success! To follow suit we’re bringing another one, this time in conjunction with our sponsor Xero to Las Vegas, NV for the PROSPER Show on March 12-14 2018. If you’re in town for the PROSPER Show, please do join us at Gordon Biersch, LV for an informal get together for a drink and a chat about all things Amazon marketplace accounting!

PROSPER Show 2018 Sponsor Round-Up

PROSPER show is next week - the place to be for Amazon sellers, A2X will be there and we’re hosting an Amazon Accounting meetup, so if you’re going to PROSPER, we can’t wait to meet you there. This year the show is big, with over 100 sponsors, there’s an intimidating wall of logos. We hadn’t heard of many of these companies and didn’t know what they all do for Amazon sellers, so we thought it might be helpful to provide a quick round-up of each company, what they do and where to find them online.

US event update: Catch up with us on the road as we head West to East

Palo Alto - Las Vegas - Atlanta. It’s a new season of events for the A2X team. This week we’ve been on the Intuit stand at Startup Grind in Palo Alto exhibiting as part of Intuit’s sponsorship and talking to other entrepreneurs and investors in Silicon Valley’s hub for startup networking. Next month A2X will be with the Amazon seller community exhibiting at the Prosper Show in Las Vegas over March 12-14.

Amazon, sales tax and accounting for the "Marketplace Facilitator" tax transactions

It’s 2018 and if you caught the news last year, you’ll have seen that Amazon is starting to charge and collect Sales Tax on behalf of all sellers in the state of Washington. You’ll start to notice a few new transactions in A2X: MarketplaceFacilitatorTax-Shipping and MarketplaceFacilitatorTax-Principal, these will offset and ItemPrice Tax and Shipping Tax that Amazon has charged the customer, so that it results in a total of 0 to your overall settlement.

Happy Holidays from A2X

Wow, what a year it’s been! Thanks to all our customers and partners for their support this year - we couldn’t do it without you. The A2X support team wishes you a very happy holiday and new year, we’ll be taking some time away with our families and so you can expect reduced support hours and slower response times than usual for the next few days. We’ll be keeping an eye on things so if you need help, just ask via the blue in-app messenger (shown below) or by email on contact@a2xaccounting.

A2X and Amazon Australia Accounting with Xero and Quickbooks Online

Amazon Australia launched Amazon.com.au at the start of December to what is reported as record first day sales for any Amazon marketplace. At A2X, we’ve been busy preparing and testing our connectivity and are now pleased to report we have our first Amazon Australia sellers connected and ready to import their first settlements. A world first for Amazon accounting. If you’re an Australian business selling on Amazon in Australia, or an international firm opening an Amazon.

An Insight into the Catching Clouds Academy for Amazon Sellers

Our good buddies at Catching Clouds have created a masterpiece. Something Amazon sellers and their accountants will love. It is an end to end Amazon accounting course that outlines the hows and whys of Amazon accounting. It is the course for you if you’re using Xero or QuickBooks Online to track Amazon sales, either in the US or internationally. Tips and Challenges There are many aspects of the course I respect but the biggest one has to be that Patti and Scott have learned by doing, and often the hard way, and they share these experiences throughout the course.

Google Cloud features A2X for 'Innovative use of GCP'

A2X has been built to scale up to support accounting for hundreds of thousands of Amazon sellers, including the largest Amazon sellers who deliver in excess of 100,000 orders every month. At A2X we’re incredibly proud of the architecture we’ve built on top of Google’s Cloud platform and delighted to have been recognised in a recent Google Cloud case study: “A2X: turns to Google Cloud Platform to help eliminate accounting complexity for Amazon sellers”.

On the road again: A2X at QuickBooks Connect, San Jose, 2017

QuickBooks Connect kicks off this week and the A2X team is in San Jose primed for another week of quality conversations with customers and partners in the heart of Silicon Valley. While the main stage events start on Thursday, we’re getting into town a few days earlier. It’s not just to shake off jetlag, but also to make our pitch in the Intuit App Showdown on Wednesday night. A2X was shortlisted with nine others for the best Small Business App and we will be demonstrating to the judges how A2X solves the accounting problem Amazon sellers have reconciling sales data.

Xerocon London: Highlights

This year A2X exhibited at Xerocon London, in the ExCel convention centre and it blew us away! We had such positive feedback talking to over 100 UK accounting firms who go through the pain and hassle of manually accounting for their client’s Amazon sales, in spreadsheets, every month. Here’s a few highlights and photos from the event. If you came to see us, thanks for stopping by! We had a great booth, right at the main entrance.

Taking Eagle & Fox to the world on Amazon

Eagle & Fox had big plans for their business, but their accounting was holding them back. _Here’s how A2X helped the Amazon retailers simplify their VAT reporting, speed up their accounting and grow their business. _ Fergus and Emma Macdonald run Eagle & Fox, a creative online retailer based in the old sea port of Leith, Scotland. They merged their two brands, Kilt Society and The Tartan Blanket Co, into one dream company – a smart and efficient move.

A2X welcomes its first UK partner, AVASK Accounting and Business Consultants

I am delighted to announce the introduction of our first United Kingdom partner AVASK Accounting & Business Consultants. AVASK and A2X have been working together since 2015. A2X has been essential in streamlining AVASK’s services, allowing their tax advisors and accountants to automatically fetch their clients’ latest Amazon settlement transactions and post summarised transactions directly to their accounting system. Dr Angelos Katsaris, Business Development Director at AVASK, has this to say about A2X:

Future-proofing your Amazon business for sale

Like all business owners, Amazon marketplace merchants may one day weigh up the prospect of selling their business. And, of course, they’ll want to get the best possible price. It’s never too early to ensure potential buyers will see your business in the best possible light. Online business broker and owner of Quiet Light Brokerage, Mark Daoust, shares tips to make the process much more streamlined. Have clean books Buyers want to see clean, concise books that accurately reflect business efficiencies and inefficiencies.

A2X and QuickBooks Online or Xero for Amazon Sellers

Like all business owners, Amazon marketplace sellers make dozens of decisions every day. Some are small and inconsequential, while others will affect the business for years to come. One of the more significant decisions is choosing an accounting system – or, more specifically for those already operating in the cloud, choosing between Xero and QuickBooks Online. These are the best-known, most widely-used cloud-based accounting systems, and most Amazon sellers will choose one or the other.

Understanding the Cost of Goods Sold for Amazon - an A2X Guide

Part of running a successful Amazon e-commerce business is making sure you always keep an eye on your margins. This includes more than just knowing how much Amazon deposits into your account. You also need to know what your actual gross margins are each month so you can track trends, plan for growth, and spot potential problems. The key to calculating your true monthly gross profit and keeping an accurate set of books is understanding the costs of goods sold.

Raffingers Accountants feature A2X for Summer 2017

I’m excited to share that A2X is the featured Xero Add-on in the Summer 2017 Tax Tips publication from Raffingers. Raffingers is a chartered accounting firm and Xero partner in the UK, having offices in Essex and London, and a keen focus on cloud-based solutions such as A2X.

Release Notes: July 2017

Big news this month, we’ve released a new easier to use and faster Accounts and Taxes mapping screen, it looks like this: It might not look that different to the old screen, but there’s several important changes: A2X will now offer to automatically create generic accounts in your accounting system chart of accounts, for example we’ll make Amazon Shipping for the shipping amounts Amazon charges. You can (of course) choose any account you like, or make any new account you like, but if you’re happy with generic options, these can save you some time.

A2X blog now on WordPress: same great content, new location!

If you are reading this, you are looking at our new blog, now proudly running WordPress and hosted on Google Cloud. We’ve moved from a hosted Ghost blog at https://blog.a2xaccounting.com to our own self hosted WordPress at https://www.a2xaccounting.com/blog/, please update your bookmarks. Any old links should automatically direct you to the new site. If you spot anything missing, please let us know, we’re expecting the comments migration to take around 24 hours via Disqus and the domain name changes may take a few hours to propagate for everyone.

How e-commerce accounting firms use A2X to automate for their Amazon clients

A2X has been working with Jeremiah Kovacs since 2014. Jeremiah is the founder and owner of MuseMinded, an ecommerce accounting firm for small to medium sized Amazon sellers. How MuseMinded makes accounting easy for their Amazon seller customers with A2X. Jeremiah is passionate about entrepreneurship, family and living with intention. Jeremiah wanted to create a business that would provide for his family and at the same time allow him to spend time with with them; and that’s not all.

Amazon Lending Has Funded 20,000 Businesses

Amazon last week promoted its Amazon Lending program with a press release announcing that it has surpassed $3 billion in loans to small businesses since the its launch in 2011. Amazon Lending provides funds to businesses that sell through Amazon marketplaces, with the loans repaid from the proceeds of products sold through Amazon. The concept is a good one; businesses gain the working capital to fund more inventory of popular products, that generates more sales, those businesses grow, and Amazon’s overall revenue grows accordingly.

Selling on Amazon? Here's how to spend less time on accounting, and more on your business

If you’re an Amazon marketplace merchant, you’ll know that selling through the platform isn’t all smooth sailing. In fact, when it comes to balancing your books, there are some serious headaches to deal with. Sales data from Seller Central is delivered in an overly complicated format, which doesn’t mesh easily with most accounting systems. This means reconciling sales numbers with the actual amounts that land in your bank account can seem nearly impossible, and cost you hours or days every month.

Amazon, accounting, and A2X

Why e-commerce accountants love A2X. The apparent simplicity of selling through the Amazon marketplace can be deceptive. Although the Amazon Seller Central portal provides details of each transaction in reports and file downloads, as businesses grow and sales increase, accountants and sellers start to find these reports unhelpful – to say the least. Amazon’s sales reports don’t provide a breakdown of sales tax, don’t date sales accurately month by month for accrual accounting, can’t be exported to accounting software without huge issues, and include extremely confusing fees and charges.

Bookkeeping, no longer the bane of a booming Amazon business

How one Amazon seller used A2X to solve his bookkeeping issues and to prepare his business for a successful sale. For Nick Losciuto, the boom in his Amazon sales was becoming a double-edged sword. Just before he sold it this year, Nick’s business Compatible Parts was processing tens of thousands of orders every month – with turnover in the millions of dollars. That was great news, except when it came to keeping his financial books tidy.

A2X Talks Nerdy on Xero Developer TV Episode 10

Last week Xero released their 10th episode of Developer TV, and I got to be in it! Regan and I met at the Xero offices in Auckland and talked about the A2X tech stack, the Xero ecosystem and my advice for getting started with a Xero integration. Check out the full interview below (starts around 1:33). Also worth checking out Dan’s fancy bike riding skills right at the end.

A2X is coming to QuickBooks Connect Sydney in May 2017

We’re very excited to say we’ll be attending QuickBooks Connect on 18 May 2017 at the Sydney Cricket Ground. For accountants attending the event, we’ll be available for meetings throughout the day to talk about how A2X helps to automate and streamline your Amazon seller client accounting. If you’re an Amazon seller using QuickBooks and would like to talk about how A2X works, or if you have general Amazon accounting questions, we’d love to help you.

A2X for QuickBooks, Our first app review is 5 stars!

Today we received our first review for A2X on the Intuit QuickBooks App Store, 5 stars, and we’re very proud to share it! “These guys have blown all other services out of the water!” The addition of Quickbooks support for A2X has been only a recent addition and it’s proving popular for Amazon sellers who already use QuickBooks Online to streamline and automate their Amazon accounting. If you would like to save time with your Amazon sales, consider giving A2X a try.

A2X is the Xero ecosystem partner of the month

We have some exciting news to share! This month A2X has been named Xero’s Ecosystem partner of the month for the “great work [we’re] doing to help small businesses thrive”. It’s incredibly rewarding to be recognised by Xero. We’ve worked very hard to maintain our 5-star rating in Xero’s marketplace and offer what we consider to be the best Amazon to Xero integration available. As part of the announcement Paul gave the Xero team some tips for selling on Amazon, and some advice for accounting for Amazon sales and fees using A2X and Xero.

Prosper Show 2017 - Our 5 Must-See Sessions

Prosper Show is starting in just over a week and we’ve been poring over the agenda these last few days trying to decide what our top picks for sessions are. It’s tough to decide as the calibre of speakers at the event is high, but we’ve narrowed our list to our top-5. Presented in no particular order, the top 5 speakers/presentations we’re most excited to see at Prosper next week.

A2X is going to Las Vegas! Prosper Show, 22-23 March

We’re coming to Las Vegas this month and we’re excited to meet you! We’ll be attending Prosper Show on 22-23 March at the Las Vegas Convention Center. If you’re going to be there, let’s meet up! If you’re not, you should come. There’ll be 100’s and 100’s of serious Amazon sellers there, apps and services like A2X and some fantastic speakers. If you’re not already booked to go, but want to, A2X has a discount code: “A2XA17” to save $100 on your ticket price.

How to Reconcile Your Amazon Seller Statement.

If you’ve ever reviewed an A2X settlement summary, you’ll know Amazon has some very creative ways to charge Amazon sellers money - ShippingChargeback, GiftwrapChargeback, SalesTaxServiceFee - what do all these Amazon fees mean, and how do you reconcile them to the Amazon reports in the Reports > Payments section of Seller Central? Great question! In this blog post, we’re going to reconcile your Amazon reports by working through a complete example that matches the low-level transactions in the settlement report to the corresponding sections in Amazon’s settlement report.

Amazon Reserve amounts: what to do when Amazon withholds your settlement payment

In this post we want to cover two often confusing transactions you will see in your Amazon settlement files that A2X imports. The first is the Current Reserve Amount and the second is the Previous Reserve Amount Balance. Firstly, a bit of background to these transactions. Why does Amazon withhold payment? Sometimes Amazon withholds some or all of your settlement payment for various reasons. Some examples of why we have seen Amazon do this to sellers: you’re a new seller with no history, your credit card on file with Amazon is expired, or there’s a bank account validation problem in your seller account.

A2X Setup and Mapping - A real-world guide from Catching Clouds

Catching Clouds is honored to be A2X’s first guest blogger. As an accounting firm specializing in ecommerce accounting, we have dozens of clients using A2X’s services and use it for all of our Amazon clients. We LOVE it. Since we use this tool so much, A2X asked if we could give their readers some pointers on the process we use for setting up and mapping the exhaustive list of Amazon fees to Xero’s chart of accounts.

Delays processing Amazon.fr settlements in A2X

This is just a quick note to advise we’re experiencing delays receiving Amazon.fr settlement data from Amazon. We have escalated the issue to Amazon tech support and will update this post as we determine the causes for the delays. In the meantime, the Amazon.fr financial data is not lost, it will be available in your A2X account as soon as we can properly receive it from Amazon. You may see a partially processed settlement in your account while we await the data.

Amazon Promotion and Sponsored Products Accounts

Specific Amazon codes in Xero The other day I was going through my amazon seller fees for the month. I recently launched my first effective Amazon promotion and wanted to see what it looked like in my accounting software. Mostly, I wanted an overview of how much I have given away in order to create the recent promotion related sales. I use A2X and when I did my initial mapping “Amazon Promotion” was not mapped.

Comprehensive List of Amazon Seller Transactions

Amazon Seller Transactions and Transaction Fees As an Amazon seller it is a good idea to have a finger on the pulse of the Amazon Seller Transactions. That is not to say you have to constantly be aware of them all the time, but in order to get your cost of doing business straight, you need to know at least the basics. In this post, you will find a very comprehensive list of each transaction type.

What Are Amazon FBA Transaction Fees and Fee Breakdown

Amazon FBA transaction fees breakdown You have already made the decision to sell your products on Amazon and use FBA to do the fulfillment. More than likely it was the right decision, although there are certain times when fulfilling yourself is the right thing, more often than not Fulfillment By Amazon is the best way forward. If you are like the ‘old’ me then the trouble is that you view your Amazon transactions as ‘money-comes-in’ and your cost of making the sale as ‘money-goes-out’.

Release Notes May 2016

They say Better late than never! A number of users have been asking us for updates on new features and changes in A2X as they happen, so allow us to present you the changes and improvements in the May release of A2X. Better handling of invitation errors A2X supports inviting multiple users to each account, and also allows users to access multiple accounts. Invitations are sent by email and accepted by clicking through to the A2X website.

Release Notes June 2016

Busy month for us! Here are the changes and improvements in the June release of A2X. Bulk actions on the settlement list This was a bug fix, since this feature was not working in certain situations, it is now and we thought we’d take the opportunity to tell you about how it works. STEP 1 To enable the bulk actions, click on the tool sign and choose “Enable Bulk Actions” After enabling bulk actions, the following little sub-menu will appear: STEP 2 Choose one of the bulk actions that you want to use (Refresh, Delete, Send to Xero) and select settlements you want to apply the chosen bulk action by clicking the checkbox on the right of the settlement.

Grouping sales by product type in A2X

Introduction In A2X we can group sales all together or we can split them by SKU or product type. Grouping by SKU is fairly obvious, by product type is a little more complicated! In this post we’re going to show you how grouping by product type works. I’d like to say upfront, product types are generally an extra-for-experts setting that not all users are going to want or need, it lets you group many different SKUs into single invoice line items for special accounting or tax treatment.

What happens when you owe Amazon money? Negative balance invoices in Xero

A2X can automatically post your Amazon settlements to Xero. If the settlement covers more than one month, we’ll split the settlement and create 2 invoices, one for each month the settlement covers. In general those invoices will be receivable invoices (i.e Amazon will pay you money). What happens when the fees and costs are higher than the revenue? You technically owe Amazon for that period (even though overall they likely owe you for the total settlement period).

How to link multiple Amazon accounts to one Xero account in A2X

We have received a number of inquiries from users that want to link multiple Amazon accounts to one Xero account (called an ‘Organisation’ in Xero), we decided to make this step-by-step guide in order to walk you through the set up process. The example setup is as follows: Amazon Account 1 <–> A2X Account 1 <–> Xero Account (direct connection) Amazon Account 2 <–> A2X Account 2 <–> Xero Account (shared access)

Missing Amazon Settlement Files

Several A2X users have been in touch with our tech support team about Amazon settlement files missing from their A2X account. This is a known issue affecting some Amazon sellers. The symptom of the issue is the new settlement files in your Seller account will have a ‘Request Report’ button showing under Reports > Payments and will require you to manually click the button in order for A2X to access the report.

A2X is going to Xerocon in Denver next month!

If you’re an avid Xero user like us, you may already know about Xerocon, happening in Denver next month. It’s taking place from June 2 – 4 at the Denver Center for the Performing Arts, and we think it’s going to be pretty cool. You’ll hear from Xero about upcoming product plans, accounting experts on best practices for your own business reporting and meet developers of all the add-ons you use, including A2X!

Reconciling Amazon payments in Xero

In this post we’ll cover how the invoices from A2X reconcile to the payments from Amazon. There are 3 main scenarios outlined below. Single invoice, single payment This is the simplest scenario for reconciling. Xero will see the invoice that A2X creates and the payment from Amazon and offer to reconcile the payment against the invoice, most of the time completely automatically. Xero can match the invoice and payment automatically based on the due date and the amount.

Upcoming changes: speed improvements!

Welcome to the A2X Accounting blog! We’ll post here periodically with articles to help you use A2X, tips for doing your accounting with Amazon and also any product updates. In this post, I wanted to let you know about some upcoming changes to A2X that address the speed issues. We have been hearing your feedback and we have improved the way we access the Xero data to make some big improvements in page load times.

A2X now has the 'Sign in with Intuit' option

A2X is now even more convenient for you to use. A2X/QuickBooks users can now safely sign in with Intuit. A button that you will see on the A2X ‘Sign in’ and ‘Sign up’ screens labelled ‘Sign in with Intuit’ will allow you to sign in with your Intuit login details. Here is how it is done: Step 1 -Select ‘Sign in with Intuit’ After pressing this button, what you see next will depend on whether you are already logged into QuickBooks in your browser, and whether you have already granted A2X limited access to your basic QuickBooks details.