News

eBay Taxes: Answers to Your Questions [FAQ]

Estimated reading time: 22 minutes 30 seconds. Find all the answers you need to your burning eBay tax questions in this guide, along with additional resources available. We have divided these questions into General Queries, eBay Sales Tax Queries, eBay VAT Queries, eBay Income Tax Queries and Accountants and Other Tax Resources: General Queries 1.1 What is the key information about tax that eBay sellers need to know? 1.2 Why is eBay charging tax now?

Multi Channel Price Plans now able to be easily set up and viewed

Multi-Channel Plans Self Service For those of you who are on the Multi-Channel/Country Amazon and Shopify plans and the Premium Price plans, your billing screen will now display the plans you have linked together. It will also allow you to link new ones from the billing screen should your plan allow for extras. FIND OUT MORE To find out more read Multi-Channel Subscriptions or Multi-Channel Premium Subscriptions

How to Reconcile Your Amazon Seller Statement

Estimated reading time: 5 minutes. Updated December 2020. If you’ve ever reviewed an A2X settlement summary, you’ll know Amazon has some very creative ways to charge Amazon sellers money. But what do ShippingChargeback, GiftwrapChargeback, and SalesTaxServiceFee really mean, and how do you reconcile them to the Amazon Reports > Payments section of Seller Central? To help this make sense, we’re going to walk you through reconciling your Amazon seller statement. We’ll use an example that matches low-level transactions in an Amazon settlement report to the corresponding high-level transactions Amazon considers in their report summary.

Amazon Bookkeeping for Sellers: The 3 Mistakes You’re Probably Making, and How to Avoid Them

Estimated reading time: 3 minutes. In this short video, Patti Scharf, Co-Founder and “Chief Accounting Tech Geek” at Catching Clouds breaks down the most common errors made in accounting for Amazon sellers. Inaccurate or incomplete accounts can cause a multitude of problems, and make bookkeeping for Amazon sellers a nightmare. Nurturing a successful business is virtually impossible without solid numbers on which to base your strategy. Check out the video below or our summary to find out why, according to Patti, these mistakes are easy to make, and discover the best Amazon accounting services out there to help you avoid them.

Comprehensive List of Amazon Seller Transactions

Estimated reading time: 10 minutes. Amazon Seller Transactions and Transaction Fees As an Amazon seller, you’ll need to have your finger on the pulse when it comes to your Amazon seller transactions. But with such a broad scope of potential transactions, it can be difficult to keep track of everything. We’ve already broken down the FBA Seller Fees. In this article, we’re giving you a comprehensive list of each transaction type to help you understand what’s going in and out of your account, regardless of whether you’re selling with FBA or fulfilling your own Amazon products.

How A2X Handles VAT in All European Ecommerce Marketplaces

Estimated reading time: 9 minutes.  Anyone who runs an online store will know that the beauty of ecommerce is that 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. Ecommerce has levelled the playing field, making it possible for small businesses to compete with corporate giants on an international stage.

Xero eBay Integration Guide

Estimated reading time: 5 minutes. Automating some parts of your business can majorly simplify the way it operates. You can save time and money by streamlining processes, increasing the efficiency of your business, and leaving less room for error. Sounds like a recipe for success - what’s not to like? Accounting must be done accurately in order for a business to thrive, so it makes sense to automate this part of your operations.

Google Cloud Features A2X for 'Innovative Use of GCP'

Estimated reading time: 2 minutes. A2X has been built to scale up to support accounting for hundreds of thousands of Amazon sellers, including the largest 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 (GCP) 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”.

The Best eBay Accounting Software for Online Sellers [Guide]

Estimated reading time: 12 minutes 30 seconds. Accounting and taxes are often two of the biggest hurdles for ecommerce sellers. This is especially true for small businesses or those just starting out. Accounting for eBay sellers may be particularly complex, due to the fact that eBay operates 26 international sites which sellers can leverage, spreading their reach to customers across the globe. Understanding your cash flow, inventory and tax obligations at all times is critical, not only to your success and growth as an ecommerce business, but to your survival.

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.

12 Days of Christmas with A2X and Honua Bars

Estimated reading time: 2 minutes. We consider ourselves very lucky at A2X, because we get to work with some pretty awesome brands. The companies that we work with have been started by a diverse range of passionate business owners throughout the world, all with big ideas and plenty of determination. They inspire us all the time and so, this Christmas, we wanted to share some of that with you. In this 12 Days of Christmas series, we will be spotlighting a few of these brands and talking to them about their story, top ecommerce tips, and apps they like to use to help with running their businesses.

A2X Welcomes First UK Partner, AVASK Accounting and Business Consultants

Estimated reading time: 30 seconds. [Announcement made August 2017]. We are delighted to announce the introduction of our first UK 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. “A2X is an essential part of our day-to-day operations.

Amazon Accounting Meetup Summary: Sydney, Australia May 22nd

Estimated reading time: 25 minutes 30 seconds. On May 22nd, 2018, we organized a meet-up in collaboration with Intuit Quickbooks (referred to as QBO throughout this article), where a range of topics related to Amazon accounting were discussed. We were privileged to have three Amazon accounting and app experts present at our meet-up: Jeri Wambeek from Which AddOn. Michael Fleming from Sales Tax and More (via video link). Arnold Shields from Dolman Bateman Accountants.

A2X Wins Xero Americas Industry Specific App of the Year 2018

Estimated reading time: 3 minutes. 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.

eBay Managed Payments: Everything You Need to Know

Estimated reading time: 8 minutes. Since its inception in 1995 (just one year after Amazon), eBay has capitalized on the obsession we have for both online shopping and selling. But for those who run a business buying and selling items on eBay, reconciling accounts can get messy at the best of times. For eBay, all payments and purchases were previously routed via Paypal, a subsidiary of eBay. Reconciling all transactions across the two platforms was time-consuming, causing inaccuracies, challenges with dispute resolutions, and delays in funds.

12 Day of Christmas with A2X and EmuJoy

Estimated reading time: 2 minutes. If there’s any year worth celebrating early, it is 2020! Here at A2X, we get to work with ecommerce businesses (and their bookkeepers) from such a diverse range of backgrounds. While our conversations are usually around helping these people to automate their accounting, we are often amazed by the ideas we hear about and the passion behind them. So, this Christmas, we wanted to share a little bit of that magic with you.

Introducing A2X for eBay

Estimated reading time: 9 minutes 30 seconds. It all started with a broken laser pointer. In 1995, Pierre Omidyar saw potential. The internet was still fairly new, but perhaps this giant network could be a good opportunity for commerce. He tried it out, listing a laser pointer for $1 on his originally-named Auction Web, which was soon driven up to sell for $14.83. Perhaps there was something here. By early 1996, eBay had become a million dollar company.

Introducing A2X for eBay Beta Programme

You spoke and we listened. Over the last few years, we have been asked many times if A2X can be used to connect eBay with your accounting system. And while there is a manual workaround that can be put in place to connect your accounts, we haven’t offered a dedicated eBay accounting integration - until now. Introducing A2X for eBay: beta programme Today, we are proud to announce the launch of our A2X for eBay beta programme in advance of the official rollout later this year.

Partner Summary Page Now Available

A2X Partners - Summary page designed for accountants and bookkeepers who have multiple clients We have just made managing your A2X accounts a little easier. Check out the new partner summary page which will display all your A2X accounts, how many Amazon, Shopify and Walmart accounts you have, price plan summary, order volumes and much more. To be able to view your summary page simply contact partners@a2xaccounting.com FIND OUT MORE To learn more about the partner summary page see our support article: Partner Summary Page Overview

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

Estimated reading time: 8 minutes. 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.

A2X now supports Sign in with Intuit

QuickBooks users can now sign-in to A2X using their Intuit account If you have an Intuit account and use it to access QuickBooks, you can now use the same login for accessing your A2X account. If you use the same email address, A2X will offer to switch your login option when you sign in. FIND OUT MORE To learn more about Sign in with Intuit see our support article Using ‘Sign in with Intuit’ with A2X

Add Support for Amazon.sg and Amazon.ae

New Amazon markets added to A2X: Amazon.sg and Amazon.ae In this release we have added support for two new Amazon marketplaces: Amazon.sg for Singapore and Amazon.ae for UAE. If you sell on these marketplaces you can connect your Amazon seller account and the marketplace settlements will import automatically. About the Marketplaces Amazon.sg is denominated in SGD currency and located in Amazon’s Asia region. Amazon.ae is denominated in AED currency and is located in Amazon’s EU region.

Improvements to Two Types of Shopify Transaction Descriptions

In this release, we have made improvements to the transaction descriptions for two types of Shopify transactions: CurrencyConversionRounding - This is the amount of minor rounding that is sometimes applied in Shopify for orders where the customer is paying in a different currency. DiscountTax - This is the amount of tax reduced due to discounts. What does this mean for customers with these new transaction types?

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.

The Impacts of Brexit and COVID-19 to the UK E-commerce Market

In Partnership with Shopify, Xero, A2X & ClearCloud Accounting In 2020 the UK was hit with a twofold setback of events which directly affected UK e-commerce retailers. Firstly, Britain leaving the European Union means a change in legislation leaving uncertainty on where businesses will lie in the new parameters. More recently COVID-19 struck and caused chaos to the economy and global markets, to which the full extent is yet to be revealed.

Shopify Accounting Day at San Francisco Shopify Merchant Lounge

Calling all Shopify Merchants in the San Francisco Bay area. On Thursday, March 19th, Shopify has organised a day dedicated entirely to help Shopify Merchants with their accounting. Shopify accounting office hours will be held from 10 am - 4.00 pm and a Shopify accounting meetup will take place from 6.00 pm. Both events will be in the Shopify Merchant Lounge. Shopify Accounting Office Hours Join accounting and tax experts Wayne Richard and Jermey Allen who are available for one on one appointments in the Shopify Merchant Lounge.

Easier handling of Gift Card Liabilities

Purchases of Shopify Gift Cards will now be reported separately from Product Sales so that they can easily be credited to a Liability account KEY CHANGES All gift Card Sales and usage will now be grouped on the Accounts and Taxes page in the ‘Gift Card Liabilities’ section. A new Line Item ‘GiftCardLiability’ replaces ‘ProductSalesNotTaxed - Gift Card’ A2X will recommend or create by default a Xero and QuickBooks Liability Account to account for purchases of Gift Cards and Payments from Gift Cards.

Shopify Fulfilment Network Guide: What you need to know and how you can leverage this to expand your business

On June 19th, 2019, Shopify announced their largest development to date - the Shopify Fulfilment Network (SFN). Through combining sophisticated machine learning systems with a geographically dispersed network of warehousing facilities, Shopify aims to make it easier for online sellers to successfully grow their brands. “Shopify is known for having simplified the online shopping experience, and we are now taking this one step further — making the fulfillment systems and technology that used to be reserved for the largest companies in the world accessible and affordable to every merchant, even those just starting to take off.

Where To Find An Ecommerce Accountant or Bookkeeper

Estimated reading time: 5 minutes. Introducing the ecommerce accountant directory. Find your new ecommerce accountant here. It’s a complicated beast, accounting, and as an ecommerce store owner, you’ll have had first-hand experience. Ecommerce has grown at a tremendous rate, and with this growth comes a new wave of ecommerce experts. A2X works closely with a fantastic network of ecommerce accountants from all over the world, who are highly experienced with A2X and more importantly, understand the accounting complexities experienced by ecommerce 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.

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.

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.

Register for the QB 'Appy Hour with A2X for Shopify

The QB ‘Appy Hour is a fun monthly webinar series dedicated to the QuickBooks Apps ecosystem. This month, experts Heather Satterley and Liz Scott will be discussing the latest Shopify and QuickBooks integration, A2X for Shopify. Register for the QB ‘Appy Hour, Aug 27, 2019 04:00 PM EST This Webinar is a must attend for accountants who have clients using the Shopify platform or those wanting to learn about the opportunities around Shopify accounting.

Welcome Financly Bookkeeping Solutions - A2X's first Canadian Partner

We are excited to welcome Financly Bookkeeping Solutions as A2X’s first Canadian Partner. Teresa Slack is one of the two owners and founders of Financly Bookkeeping Solutions - a cloud-based, virtual bookkeeping service for modern businesses that need a dynamic accounting team. With over 30 years of experience, she is not only skilled at financial record keeping and reporting, but also setting up systems, business management, sales and marketing, forecasting and much more.

Join e-commerce accounting experts in Chicago at the A2X + Xero booth

This June, 25th - 28th, A2X is joining forces with Xero and heading along to the Internet Retailer Conference and Exhibition (IRCE) in Chicago. Why IRCE? IRCE is the largest e-commerce conference globally. This conference is a must attend for all e-commerce sellers. IRCE offers businesses the solutions they need to stay ahead in the dynamic e-commerce sector. What is different? A2X+Xero will be hosting an e-commerce accounting expert Q&A at the booth, with scheduled appearances from top e-commerce accounting partners, Co-Founder Catching Clouds, Scott Scharf, and Co-Founder Xendoo, Lil Roberts.

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 Two]

Estimated reading time: 10 minutes. An Interview with the Owner of a US-Based Manufacturer and Online Retailer with Karen Brady  Part One here. This company uses both CNC components produced in the US, and imported components designed in the US and manufactured in Chinese factories. The final retail products are assembled in the US and sold on from their website. Following on from the interview with ExportX’s Paul Grey, I continue my investigation into the mechanics of import/export and how the US-China Trade Wars have impacted his and other companies.

How the US Trade Tariffs Will Affect Amazon FBA Sellers [Part One]

Estimated reading time: 10 minutes. An Interview with Paul Grey of ExportX [Part One] with Karen Brady  Part Two here. ExportX is an international ecommerce 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.

A2X will be attending Prosper Show 2019!

Prosper Show is an annual conference for established Amazon sellers to learn more about best practise education, new ways of doing things and opportunities for networking with others in the FBA space. A wide range of service providers attend this event to meet new and existing clients, and learn from one another. The full exhibitor list can be found here. “Aimed at online sellers seeking to improve their business on Amazon, this conference features several ex-Amazon leaders and CEOs/General Managers from leading Amazon marketplace solution providers using workshops and seminars to help sellers learn how to build better online businesses.

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.

New Book ‘Profit First for E-Commerce Sellers’

Specialist e-commerce accountant, bookskeep founder Cyndi Thomason’s new book, “Profit First for E-commerce Sellers” has just been published and is now available on Amazon and Barnes & Noble. ‘Profit First’ is a cashflow management methodology for small businesses created by Mike Michalowicz. Cyndi Thomason has taken the core concepts of the Profit First methodology and customised them to address the specific needs of the e-commerce business. Cyndi is the guru in applying Profit First to e-commerce businesses to help them achieve true profitability and business sustainability.

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:

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.

A Guide to Amazon Seller Fees: Everything You Need to Know Including Hidden Fees [Infographic]

Estimated reading time: 5 minutes. There are many fees involved in selling on Amazon. Amazon charges you a fee for just about everything it does within the sale and delivery process. However, most sellers find that these fees are well worth it and allow them to focus more on scaling their business and less on the fulfilment side. Fulfilment and processing of orders is really what takes up a lot of manual time in a physical products ecommerce business.

Brexit Preparedness for Amazon

Reading time 5 minutes As of writing this blog, Brexit is just over three months away and there is so much confusion with the politics, it is really hard to understand what it all means to one’s business. As I am in the UK this week, it has been the perfect opportunity to “take-the-pulse” of the moment and break it down into the practical implications for our Amazon Sellers. Disclaimer: This blog is given as general information and understanding of the subject and should not be used as a substitute for competent advice.

Join A2X at the QB ‘Appy Hour

The QB ‘Appy Hour is a fun monthly webinar series dedicated to the QuickBooks Apps ecosystem. This month, experts Heather Satterley and Liz Scott feature A2X in their roundup of essential apps for e-commerce. Tune in on December 11th 4.00 – 5.00pm EST. This Webinar is a must attend for accountants who have clients selling on Amazon or if you want to learn about the opportunities around Amazon accounting. Members of the A2X team will be running through a short presentation of A2X and a full demonstration connecting Amazon and QuickBooks.

Introducing A2X for Intuit Quickbooks Desktop and Enterprise

Estimated reading time: 1 minute. 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 Users? 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.

Xero features A2X for innovation and success

Xero recently featured A2X showcasing innovation and success on the Xero platform. Xero describes A2X as “clever software [that] makes Amazon accounting easy” You can read the full article over on the Xero blog.

Intelligent Automation for the Amazon Seller

Estimated reading time: 9 minutes. It’s a reality. Our world is becoming more automated every single day. Integrations connect different apps, plugins are able to handle large amounts of information with ease, and businesses are turning to automation for a competitive edge. At first glance, automation might seem out of reach for many Amazon sellers. What was once the domain of large organizations with deep pockets is now accessible to anyone with a laptop and a ‘can do’ attitude.

A2X Asks UK Accountants: How Can Amazon Sellers Prepare for the UK’s MTD?

Estimated reading time: 8 minutes 30 seconds. MTD, or Making Tax Digital, impacts all aspects of the way Amazon sellers in the UK account for VAT to the HMRC. Despite the initial and rather urgent push for sellers to start their transition to compliant digital systems early, many delayed. This means that many UK Amazon sellers are still trying to catch up and understand this shift to MTD. When I first planned to write this blog, I never imagined that I’d actually get to be in the UK as it approached this transition.

Options for Filing Sales Tax Returns [Part 3 of 3]

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.

Sales Tax Strategies for Amazon FBA Sellers in the US [Part 2 of 3]

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.

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 will be at Boost with FBA in New Orleans

Next week A2X will be at the Boost with FBA event in New Orleans, bringing together sellers from across the US for “a daylong focus on seller success”. If you have questions about your Amazon seller accounting or finances or want some help understanding how to get the most from your accounting system as an Amazon business, A2X can help. If you are in New Orleans for the event, get in touch: contact@a2xaccounting.

Meet A2X at Scaling New Heights

Next week A2X will be exhibiting at Scaling New Heights in Atlanta June 17,18, 19 and 20 at Georgia World Congress Center (GWCC). You can find us at the Intuit booth, as part of the 2017 App Showdown showcase. If you’re an A2X user or interested in the Amazon accounting niche, come and find us for a chat about what A2X can do to help get your Amazon seller client’s books in order.

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.

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.

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?

Sydney Meetup: Let’s talk about Amazon Accounting (Hosted by A2X & Intuit Quickbooks)

When? May 22nd, 6:00pm-8:00pm Where? Intuit Quickbooks, 1 O’Connell Street, Sydney, Australia Have you got questions about the tricky financial challenges that selling on Amazon presents? Marketplaces, international multi-currency selling, sales tax, VAT, FBA, inventory and stock-holding, fees, charges, cashflow etc. - bring your questions, and thinking caps, and we’ll do our best to answer them! There will be several Amazon-expert accountants in town for Quickbooks Connect, along with specialists from Quickbooks, and A2X.

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 and hit, what has been reported as, a record first day of sales in any Amazon marketplace. A2X is excited to report that we are able to support Amazon Australia sellers to thrive on the new platform and nail their ecommerce accounting. If you’re an Australian business selling on Amazon in Australia, or an international firm opening an Amazon.com.au selling account, A2X will give you the reliable, accurate accounting of sales and fees you need to reconcile your Amazon settlements in Xero and Quickbooks Online.

Xerocon Austin Debriefing

We’re back from a fantastic Xerocon in Austin I wanted to capture a few of the highlights now that we’ve thawed out. Who’d have expected snow in Austin, not the locals apparently! Xerocon is always a great opportunity to meet up with our partners and friends in the industry and Xerocon USA is the epicenter for us with Amazon being such a massive part of ecommerce in the US, and specialist ecommerce accounting being a fast growing and important market for accountants.

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.

Venue for the Amazon accounting Meetup in Austin

Quick update on the Amazon Accounting Meetup this week in Austin, we’ve had over 30 RSVP’s and have now reserved space in the main bar at Brew & Brew. The bar is a short walk from the conference venue, so we’ll see you there!

Amazon Accounting Meetup, The Inaugural Xerocon Austin edition

Xerocon Austin is next week, and it’s a great opportunity for companies, firms and sellers interested in Amazon accounting to Meetup and connect with each other. Scott Scharf, from Catching Clouds and I are organizing a meetup where Amazon accountants and sellers can get together for a drink and a chat about all things Amazon and accounting. If you are in town for Xerocon, or a local interested in Amazon, come talk the tricky stuff with Amazon experts: marketplaces, international multicurrency selling, sales tax, VAT, FBA, inventory, fees, charges and cashflow.

A2X and Xerocon - Why do we love attending?

This December the team at A2X will be saddling up for Xerocon Austin. This will be our second Xerocon as an exhibitor and we’re very excited to meet with clients, partners and accounting firms who have clients selling on Amazon. We have been talking to the team at Xero about what we love about Xerocon’s and why we go! We realised that a huge part of these events was the discussions with, and feedback from our clients and partners.

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.

Amazon Australia, Threat or Opportunity?

Estimated reading time: 3 minutes 30 seconds. Amazon launched online product sales in Australia in 2017 and has since established a strong presence in the online market. Australia and New Zealand are relatively small markets on a global scale. However, Amazon’s arrival in the Australian market has been nothing short of transformative. For businesses selling products in Australia or New Zealand - whether they’re manufacturers, start-ups, store retailers or online sellers - Amazon Australia can be seen as a threat, an opportunity, or both.

A2X is a finalist for the QuickBooks App Showdown!

This year at QuickBooks Connect in San Jose, A2X will be competing with 9 other finalists in the 2017 App Showdown! A big round of applause for $100K #smallbiz #appshowdown finalist @a2xaccounting. Excited to see them at #QBConnect! https://t.co/UZ6Sbi2prm pic.twitter.com/KLh8f8JFaA — Intuit Developer (@IntuitDev) October 11, 2017 We’re super excited that A2X has been recognised as a finalist and none of this would be possible without your continued support of A2X - we’re working hard everyday to make A2X the best add-on for Amazon accounting, so far we’ve helped over 1000+ Amazon businesses tidy up their Amazon accounting, and we’re on a mission to help 10,000 more!

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.

AVASK's James and Angelos discuss Amazon VAT compliance and enforcement with Ed Rosenberg

Last week Ed Rosenberg interviewed A2X partner firm AVASK about VAT compliance and enforcement for Amazon Sellers. James and Angelos covered how VAT compliance is being enforced for Amazon Sellers and the penalties faced if a business ignores compliance. VAT is complex, with some very serious implications for your business, check out the full interview below to get a sense for the challenges and importance of the VAT accounting for Amazon sales.

Next stop: Xerocon London

Xerocon London starts in just over a week and while it’ll be our first time exhibiting at Xerocon, we know there’s more in store for us than just introductions at the booth. We’ve attended Xerocon as delegates before, so we know there is something quite distinct about Xero events with a strong vibe of openness encouraging everyone to share and contribute to the community. We are looking forward to conversations with Accountants in the UK because we are interested in hearing how the role of traditional accounting is evolving with cloud services.

A2X Welcomes bookskeep as an Accounting Partner

Here at A2X we feel privileged to have Cyndi Thomason from bookskeep join our group of North American Partners. Two years ago bookskeep started working with their first Amazon seller client and quickly began partnering with more Amazon sellers every month. Cyndi quickly realized something: Many Amazon pros were pursuing the same flexible lifestyle she was! One of the primary goals at bookskeep is to free up their clients so they can enjoy their life and build a business.

Florida to Join the MTC Sales Tax Amnesty Program

Estimated reading time: 2 minutes. (Updated December 2020). In 2017, we received word from our friends at the PROSPER Show that Florida had joined the MTC Sales Tax Amnesty program. The amnesty was geared towards online sellers with the idea being that they could negotiate to be forgiven some or all of their back taxes, as well as any applicable interest and penalties. Sellers had to meet certain eligibility criteria and apply for the amnesty between the 17th of August 2017, to the 17th of October 2017.

Catching Clouds and A2X: What Makes a Great Partnership

A2X and Catching Clouds - A Great Partnership.  I’m pleased to announce the launch of our A2X partner program, and to introduce the first official A2X partner, Catching Clouds of Denver, Colorado, Catching Clouds provides outsourced ecommerce accounting services for online businesses. The Catching Clouds team are experts in Amazon ecommerce businesses, the technology, and the accounting they need to manage their businesses. Owners of Catching Clouds, Patti and Scott Scharf, have been working with the A2X team since January 2014.

MTC Amazon Sales Tax Amnesty - August 17 to October 17, 2017

We received word from our friends at the PROSPER Show that the MTC (Multi-State Tax Commission) has announced a Sales Tax Amnesty program for August 17th to October 17th 2017. This is huge news for for Amazon sellers on Amazon.com, you can submit a Voluntary Disclosure to get registered for tax collection immediately, and importantly avoid back taxes, interest and penalties. What States are participating in the program? The program covers these states:

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.

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.

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.

Signing up for A2X just got easier

We’ve just released a new look signup for A2X, its now easier to get logged in with Google and connect your Amazon and Xero accounting system. You’ll find detailed steps to get your Amazon accounting imported into Xero over on our new look A2X support center. Once connected with Google, the new look dashboard will make it easier to connect to Amazon, and your accounting system. And… you may also notice we’re working on some pretty big changes around here, a whole new accounting system integration is coming soon, QuickBooks.

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.

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!

Accounting for your Amazon FBA Inventory with A2X

In this post we’re going to talk about FBA inventory and Xero. You may have recently seen Xero announced the ability to track inventory items directly within Xero. A2X has limited ability to take advantage of these new features by using the group by product invoice setting. One of our users very kindly made a screencast showing how you can set up the group by product option in A2X, Amazon, and Xero to take advantage of the new inventory features.