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Results for "서든어택핵 (스카이몰.NET) 월핵서든, 서든어택핵쿠팡, 옵치핵제작, 서든핵사이트, 서든랭커용핵, 옵치핵구매사이트, 서든랭커핵"

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Seller_HmXs9Pk97Wcpt
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I'm trying to understand what Amazon's Reports Repository (Summary) is showing me.

The report has 4 sections

  • Income
  • Expenses
  • Transfers
  • Tax

I'm trying to use this to calculate our NET profit at the end of the month. However, the "INCOME" section is different to what we see in the "Business Reports" line graph.

How would I calculate our NET profit based on the Reports Repository and taking into account VAT

Any help is appreciated

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Profit Calculation Method Question
by Seller_HmXs9Pk97Wcpt

Hi all

This may seem like a silly question - But when calculating our NET profit, should i take VAT off of Amazon's fees? i.e. Here is my current method of calculation

- We are VAT registered.

- "Ex-VAT" column is based on 20% reduction of fees.

A secondary question, should I take VAT off of Advertising costs?

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Seller_uPuf4V7GDz2aH
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Yes I had the same email a couple of months back.

We have had to tell our suppliers to use boxes without staples going forward. I recommend sending the Amazon email to your supplier / factory as despite alerting our supplier our latest shipment still contained boxes with staples in because the factory "supplies multiple Amazon sellers and boxes with staples isn't an issue". Be firm that staples are unacceptable. Maybe say it is a new Amazon policy. We have successfully managed to get our suppliers to pack in identical boxes with glue instead of staples - so don't let them say it is not possible due to the weight.

For what it's worth our boxes were similar to yours, net weight of around 20kg. We also removed the straps but imagine this would have also been an issue for us if left on.

Some good news to make it easier. You are able to apply for an extension by contacting fba-inbound-compliance-uk@amazon.co.uk

For example email saying that you have ordered your supplier to make the changes going forward however due to the fact some shipments are already packed and on-route prior to this you will need an implemention date of, for example July 1st.

This has worked for us - it has been a bit of a hassle though.

Oh and on a similar note if you can recommend a decent staple remover that would be great! Mine is very basic.

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I'm genuinely sorry to see you go but I honestly think it's inevitable that a lot of sellers are facing the tough decision of whether Amazon is worth it anymore.

I sell in a space where there's a limit to what customers are willing (or expecting) to pay for the products we sell, so when Amazon (and Royal Mail for that matter) continually increase their fees, we can't just charge our customers more because they won't pay it.

I was looking at our sales data for the past two weeks and our NET disbursements after paying FBA fees, Amazon Fees and Ad fees, is coming in at about 33-35% of our gross sales. Thankfully, since Amazon have started charging vat on fees, we don't have to hand over as much of our net income to HMRC, but it still doesn't leave us much to pay our bills and replenish stock so it really makes you wonder what the point is.

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Seller_40ozsHlGqPuEL
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Dear @Seller_mIRnuhdx7l5sN,

I hope you are well. Thank you for your reply.

It has come to our attention that YouLend's merchant financing agreements are not regulated by the Financial Conduct Authority (FCA) for business financing. This means they do not fall under the same consumer protection rules as regulated financial products. If things go wrong or there is an error by YouLend, will Amazon help? There appears no safety net?

You have stated that the partnership with YouLend is based on UK seller surveys. Could you please clarify which specific surveys these are, and where the results are published for merchant verification? Transparency in this regard would help build trust among sellers.

Additionally, there have been reports of YouLend withdrawing more money from sales than agreed, leaving merchants financially strained. Concerns have also been raised about the lack of clarity in the following areas:

No stated Annual Percentage Rate (APR) or clear repayment terms for advances.

Uncertainty about how long it will take to repay the capital advance.

Ambiguity regarding fees and potential future charges.

What fees payable for late payment or early repayment?

Factor, in Amazon fairly common remove of selling privileges, makes wanting a cash advance very unsavoury

These issues highlight the need for greater transparency and clearer communication about the terms and conditions of YouLend's financing products. Addressing these concerns would go a long way in fostering trust and confidence among merchants.

I look forward to your response.

Best regards

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Seller_NpMpf7WPoaL9g
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Wanted to add my opinion as I had similar issue's with cashflow. Knowing my numbers down to the penny has helped me. I measure everything and work out daily net profit margins.

I started capping my advertising spend daily as that was causing me cashflow problem as I only got paid on what I sold in two weeks. I then started initiating daily disbursements once I didn't have an account level reserve, this means I have cash land in the bank daily and I'm far more dynamic.

We have a business credit card with Capital on Tap, give them a try. I pay my advertising fee with this card and get billed every two weeks for PPC then have more time to pay off the card within a month interest free but my advertising is still capped. This means I have the money land for a product sold THEN pay advertising costs, it used to be the other way around.

I buy all my stock on interest free finance, Billie and Clearpay. This often gives me 30 to 60 days before a bill is due by which time I've sold sometimes 100% of this stock, been paid for it and not paid an advertising bill with actual cash. I've gone from using actually cash for stock and being paid last to not paying for stock or advertising with cash and getting paid first.

When I first got started a few years back I put up £25k in cash BEFORE I got paid a penny from Amazon, it was 3 years of savings and highly risky.

Also, wouldn't shy away from asking the people around you who are more lenient than banks and know you. I had a £7,000 cash injection from a 15 minute conversation with a mate. This then allowed me to grow in line with any cashflow restrictions I knew I'd have (why I cap PPC and stock spending)

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Seller_ClXXrSNsyNxyN
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Nope on sales, example :

Items total: £113.97

VAT Total: £19.00

Grand total: £113.97

VAT Total: £19.00

Sales proceeds net of VAT: £94.97

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Seller_ClXXrSNsyNxyN
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No VAT on the sale

Example :

Items total: £113.97

VAT Total: £19.00

Grand total: £113.97

VAT Total: £19.00

Sales proceeds net of VAT: £94.97

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Seller_MT8rt0A2OpbCx
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Seller_9fA2L82vl2c6V
have multiple loans through UK banks, a YouLend loan and PayPal Working Capital. I feel like I'm just working to pay off interest on loans. I need the loans to keep my business afloat.

Are you actually making a net profit after the interest on these loans and other expenses? As they say, turnover is vanity, profit is sanity and cash .... 🤔 well that seems to be Amazon's.

Take a step back, do some analysis and focus on your highest margin products, ideally ones where you can place regular small orders to keep your stockholding and borrowings low.

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Seller_Huz6FT08OxHAR
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Hello @Seller_OSqR6LvlJMv7x

please find below the answer from the partner team:

"Amazon implements selling restrictions when we think it will result in a meaningful net improvement in the customer experience in our store. We determine independently the appropriate selling restrictions at the brand level and we don’t make decisions for a wide portfolio of brands because the best customer experience for each brand may be different. Transparency is an option available for all registered brands that wish to proactively protect their brand and or ASINs."

Happy to clarify further if needed.

Kind regards,

Sarah.

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