Guest Post

What is sales tax?

Estimated reading time: 4 minutes. This article is a guest post from our good friends at MuseMinded. They have teamed up with The Tax Butler to offer a free sales tax starter kit for US-based Amazon sellers. This is the first blog in a three-part series which looks at the basics of sales tax for ecommerce sellers and where you can find help. The next two parts cover: Sales tax strategies for Amazon FBA sellers in the United States.

Sales tax strategies for Amazon sellers

Estimated reading time: 6 minutes. This article is a guest post from our good friends at MuseMinded. They have teamed up with The Tax Butler to offer a free sales tax starter kit for US-based Amazon sellers. As an Amazon seller in the United States, complying with sales tax can become an extremely complex burden if it isn’t managed properly. This is due to the fact that each state has different tax rates, filing frequencies and other requirements.

Options for filing sales tax returns

Estimated reading time: 5 minutes 30 seconds. This article is a guest post from our good friends at MuseMinded - The Amazon Accounting Specialists. They have teamed up with The Tax Butler to offer a free sales tax starter kit for US-based Amazon sellers. 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.

Developing your ecommerce tech stack

Estimated reading time: 5 minutes 30 seconds. Last updated December 2020. This post is a guest post from our friends at Clearinity. Businesses, like people, evolve over time. Just ask any entrepreneur, and they’ll tell you that years 1-3 may look nothing like years 5-8! The clientele is different. The revenue is different. How daily work gets done might be similar, but the systems that help are usually very different.

How sales tax law is changing

Estimated reading time: 4 minutes. The internet has changed the way we buy and sell. Online marketplaces such as Amazon and eBay now dominate the retail landscape, and more and more retailers are moving online. In the US, tax law is changing in response. Rather than missing out on online sales tax, states are adapting their laws and introducing new legislation in order to force sellers or online marketplaces to collect and remit sales tax.

How To Hire And Vet The Right Bookkeeper For Your FBA Business

Estimated reading time: 5 minutes. This is a guest post from our friends at specialist ecommerce accounting firm Bean Ninjas. When you’re first starting out, you might be tempted to do your own bookkeeping and accounting. However, as your business grows, it is rarely a good idea to keep DIY’ing it. Every minute that you are spending on bookkeeping is time you aren’t spending on growing or running your business. If this resonates with you, then read on to learn how to hire and vet the right bookkeeper for your FBA business.

Business Intelligence and Summary Accounting: Part 2 [Interview]

Interview series with Conrad Rohleder: Part Two Traditionally, you’d wait till the end of the month to review your business’ progress and outcomes. This can leave you chasing your tail. To keep on top of the day to day, you need a way to track your business in real-time. Understanding the differences between business intelligence and accounting is one way to achieve this. In the second part of this series with Conrad Rohleder, we discuss: The difference between summary accounting and business intelligence.

The Velocity of Ecommerce and Insight: Part 3 [Interview]

Interview series with Conrad Rohleder: Part Three Everyday efficiency and clarity surrounding your business outcomes is optimised when you can integrate and review data effectively. However, not all programs are created equal when it comes to integration. Often businesses become pigeon-holed or bogged down using multiple programs that do not communicate properly. This can inhibit the growth and success of your ecommerce business. The solution? Learning to leverage business intelligence in ecommerce.

Do Your Financials Tell a Story That Sells?

Estimated reading time: 3 minutes. Your accounts should offer insight into your business. They should show successes, and they should show opportunities to help to pinpoint trouble areas. Having complete and accurate financials means that you, as an ecommerce seller, have the information you need to make better, smarter decisions about the future of your business. You know the true cost of sales, where you’re making and losing money, and where you could be investing more.

Future-Proofing Your Amazon Business for Sale

Estimated reading time: 4 minutes. Like all business owners, Amazon marketplace merchants may one day weigh up the prospect of selling their business. And what will prospective buyers want to see? Accurate accounts demonstrating a healthy business. Even if you’re not considering this anytime soon, it’s sensible to behave as if this will be your goal one day. If you do this from the beginning, not only will your business operations be organized and transparent for you, but it will be much easier to go into the sales process prepared for success.

Amazon to Turn Over Third-Party Seller Data to California Department of Tax and Fee Administration

Estimated reading time: 6 minutes. This post is a guest post from Michael Fleming founder of Michael J Fleming & Associates. This article is about the changing tax obligations of ecommerce sellers in the US and was correct at the time it was written. For more detailed information (no matter your platform) about how sales tax affects you, and where to get the most up-to-date advice, check out our blog here.

The Velocity of Ecommerce and Sales: Part 1 [Interview]

Estimated reading time: 7 minutes 30 seconds. Interview series with Conrad Rohleder: Part One If you’re selling on an ecommerce platform, you want to do it right. Integrating intuitive, automated systems to handle your accounting and inventory is a must for your business. Programs such as Clearinity and A2X will save you time and money, paving the way for accelerated success. Clearinity is a cloud-based inventory management and operations optimization system, designed to make running your ecommerce business simpler and more successful.

Grow Your Business with a Successful Data-Driven Strategy

Sellers Funding Data Insights is a Game Changer for Amazon Sellers Guest post by SellersFunding. Updated October 2020. Estimated reading time: 3 minutes. It’s no secret that big data is rapidly changing the way companies do business and helping them make more informed decisions. This is why it is vital to have a robust data-driven strategy for your Amazon Sellers business, to stay competitive in today’s evolving marketplace. A successful strategy not only requires a clear vision of your business goals, but it also needs to include how you will:

Why More Sellers Are Diversifying Away from Amazon

About the author - Wayne is a management accountant who forged a 15-year career with tech heavyweight Hewlett Packard. He is now the COO and resident eCommerce accounting expert at Bean Ninjas. When Wayne isn’t managing a global team and equipping eCommerce entrepreneurs with the financial tools they need to enjoy business success and lifestyle freedom, he’s being an everyday superhero to his wife and five children.

Using Spreadsheets for your Amazon Accounting? Here's How it Compares to A2X

Estimated reading time: 3 minutes 30 seconds. Still using a spreadsheet for your Amazon accounting? In this video from 2019, Patti Scharf from Catching Clouds gives 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.  Accounting for Amazon Sellers We think that Amazon sellers’ time is better spent on value-adding activities in the business such as new product development, or sales and marketing, than on spreadsheets.

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.

Sales Tax, Historic Data, and Multiple Channels: Understanding Taxes in Pennsylvania

Estimated reading time: 3 minutes. This post was written and published in 2018. Tax obligations for ecommerce sellers is constantly evolving, so for the most up-to-date information on tax legislation, please consult the official governing body websites for your location. Our blog How-To Guide: Collecting Amazon Sales Tax is also a good source of additional information and relevant sources. Like many states, Pennsylvania is in the process of introducing new tax legislation aimed at ecommerce retailers.

How A2X Lets Acuity Do More for Their Clients: Automated, Accurate, Affordable

Estimated reading time: 3 minutes. 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 does just that, by helping them to automate some complex processes, get accurate numbers, and speed up their results. After implementing A2X and seeing the difference it made, the team at Acuity recommends it to all their Amazon clients.

Registrations, Regulations, and Complications: Tax Planning for International Amazon Sellers in the US

Estimated reading time: 5 minutes 30 seconds. If you’re an international seller wanting to break into the US market, an ecommerce giant like Amazon might appear to be a straightforward solution. With a 45% US ecommerce market share, a little bit of time spent creating an online store on Amazon and managing fulfilment certainly looks worth the investment. What many international sellers don’t realise, however, is that the story doesn’t end (or even begin) there.