Could someone explain simply what information to download from Amazon in order to compete a VAT return? I find this one of the most frustrating parts of selling on Amazon.
I have tried to generate a number of reports. The obvious option is to go the top menu on seller and Reports>Payments>Date range reports tab
Then insert the dates for the VAT quarter and generate. Open resulting file in a spreadsheet.
So far so good.
Product sales is in one column. Great I can just add those up.
However fees are split into a number of confusing columns
promotional rebates / postage credits / selling fees / fba fees /other transaction fees
There is no simple total fees column I can use. It would be good if Amazon could provide us with a simple total.
Do I have to add together selling fees / fba fees /other transaction fees to get a total?
If I do this, then the fees come out as very high - around 30% of the total selling price.
This seems higher than expected in the “fee preview” in dashboard.
Firstly, is this the best way to get the information required for a VAT return?
I also get monthly fee invoices but these do not seem to match.
Secondly, what are “other transaction fees”? Usually 75p per item in this case
Edited by: Microscience on Jan 16, 2018 6:18 PM
Edited by: Microscience on Jan 16, 2018 6:20 PM