Amazon FBA Specialism
Amazon FBA Accountants
Know what is included before you commit
- Name the Amazon marketplaces, currencies and settlement periods covered.
- Agree who supplies stock counts and whether inventory adjustments and management reports are included.
- List UK VAT, annual accounts, tax returns and any overseas filings separately.
- Confirm connector subscriptions, setup, cleanup work, fees and VAT on the fee before you accept.
We confirm the fee and scope before work starts. Compare the work included in your quote.
What Amazon FBA Accounting Actually Involves
We match sales, refunds and Amazon charges to settlement reports and bank deposits. A payout is the cash released after deductions; it is not the same as turnover or profit.
Your books need a clear record of selling fees, fulfilment, storage, advertising and reimbursements. We use your actual reports and invoices, because charges and their VAT treatment can vary.
For stock accounting, we review purchase costs, freight, duties and the costs that belong in inventory. Stock counts, damaged goods and write-offs need supporting records. Agree whether stock adjustments are monthly or at year end.
Before selling through another marketplace or enabling overseas storage, check where goods will be held and who handles VAT registrations and returns. Your UK VAT return does not settle every overseas obligation.
Where FBA Accounting Catches Sellers Out
Reserves and delayed payouts remain balances to reconcile. Treating money held by Amazon as a fee can understate what the business is owed.
Marketplace VAT collection applies to particular transactions. Identify the seller, customer, stock location and marketplace treatment before deciding what belongs on your returns.
Union OSS can cover eligible consumer sales of goods between EU countries. It does not replace all domestic registrations or cover every sale from an EU warehouse. Imported consignments use different rules.
A connector can import an order twice if you also post the bank deposit as new revenue. We check opening balances and the mapping between Amazon, the connector and your accounting software.
An illustrative Amazon settlement reconciliation
Why a £7,900 payout is not £7,900 of sales
Illustration only, not a client result or Amazon fee schedule. For a seller who is not VAT registered, assume £10,000 in sales, £500 in refunds, £1,200 in charges and £400 held in reserve. The payout is £7,900. The £400 remains to be reconciled when released. Stock and other business costs still need to be recorded before calculating profit.
Understand the records behind the numbers
UK-wide remote support
Tidy Money works remotely with Amazon sellers throughout the UK. Your platforms and stock locations determine the scope, rather than your postcode.
Common questions about amazon fba.
What does your Amazon FBA accounting service include?
We agree the marketplaces, periods and records to reconcile, plus any stock adjustments and reports. VAT returns, year-end accounts, tax returns, historical cleanup and overseas work are included only where listed in your quote.
Do Amazon sellers need to register for UK VAT?
For a UK-established business, the usual compulsory registration tests are taxable turnover over £90,000 in a rolling 12 months, or expected turnover over £90,000 in the next 30 days alone. Include the relevant sales from all channels. Businesses established outside the UK and overseas stock need a separate assessment.
Does Amazon collecting VAT remove my filing obligations?
No. Marketplace collection applies to specified transactions. You may still need VAT registrations, returns and records for other sales and stock movements. We review your supply chain and reports before agreeing the work.
Can you work with my existing accounting software?
Tell us your accounting package and connectors, such as A2X or Link My Books. We assess the setup and agree any migration or mapping work before starting. Software subscriptions are identified separately in your quote.
What do you need to prepare my quote?
Start with your business structure, marketplaces, monthly order volume, VAT registrations, stock countries and any overdue periods. We aim to respond within 48 hours. Detailed reports can be shared securely after we agree the next step.