Advice needed for Amazon expense invoices
Hi there
I’m interested to hear what others use to file, for accounting purposes, expenses incurred whilst selling on Amazon. I understand we get VAT invoices emailed every month for seller fees, fba fees and advertising fees. However what about other expenses? Namely - monthly storage fees, FBA inbound fees (ups, labelling etc), the £25 monthly subscription, fba removal fees and so on. I believe all these are on the monthly summary report in ‘payment reports’, however are there seperate invoices we can access?
I’d be very grateful for any input/advice.
Thanks in advance
Luke
14 replies
Seller_Owdxic6jQ3PDQ
the way I do it I request payment report for the nitre year and this report summery shows the totals I received money minus all fees …this would show the money I actually received and I guess this is what you are after ?!
Seller_ngBNR1oaQIhlr
Any expense Amazon charge is deductable.
Seller_tmoMvNMMALSPB
They are actually all covered in this invoices - if you go to Reports / Payments / Date Range Reports and choose Generate Report, Summary and choose the month you’re looking at, this will give you a one sheet summary of all your fees, sales and deposits. The three invoices you have emailed to you should total the same as the summary sheet. You can also Generate the full Transaction report as well as the Summary report, and this will show you exactly how and where all the costs were incurred in detail. Again, the totals should all cross check correctly against the summary report, and your three invoices.
Seller_yvRguI2cn3c9B
I ran the report suggested by Blinky-Blink-Blink and it looks very comprehensive, except it is incorrect. I have sales missing, evidenced by the apparent reconciliation on the report of Income minus Expenses = Transfers. Its nowhere near right.
