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

Ashley - Accounting, Technology - January 3, 2019 -

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.

Check out the video for a detailed overview of the different approaches.

Tags: Amazon, spreadsheet

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A2X makes it easy for you to account accurately for your Amazon marketplace sales. A major time drain on any e-commerce accounting firm who has Amazon seller clients is reconciling Amazon sales invoices. A2X solves this problem by automatically sorting and aggregating your Amazon revenue, fees and other transaction data and slotting it into QuickBooks Online. You end up with accurate, reconciled financial records every month, without wasting your time.

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