Amazon FBA accountants for Seller Central sellers.
Settlement-statement reconciliation, multi-marketplace bookkeeping (Amazon US, UK, EU, AU), FBA inventory accounting at the SKU level, multi-state sales tax compliance and unit economics tied to actual settlement deposits.
Amazon is hard to account for. We make it routine.
Amazon FBA accountants reconcile Seller Central settlements to the ledger, separate gross sales from the fees Amazon nets off before payout, value inventory sitting in fulfilment centres, and file sales tax in the states and countries where marketplace facilitator rules leave the seller liable. That work is monthly, because settlements land every 14 days.
Amazon bookkeeping done badly looks like deposits hitting the bank account and being booked as revenue. That misses everything that actually matters: refunds, chargebacks, FBA fees, advertising spend, storage fees, returns adjustments, marketplace facilitator sales tax, inventory reconciliation, multi-marketplace settlement timing. A Seller Central account doing $5M in revenue can easily have $4M in settlement adjustments hidden inside the deposits.
We treat Amazon as its own discipline. Settlement statements imported and reconciled at the line-item level. FBA fees, FBA storage, FBA inbound, FBA disposal split into separate cost accounts. Advertising spend tracked at the campaign level. Inventory reconciled to Amazon's reports and your inbound shipments. Multi-marketplace operations consolidated cleanly.
On top of platform-level work, Amazon sellers face complex sales-tax positions. Most US states now require marketplace facilitators to collect on behalf of sellers, but seller-specific obligations remain (income tax nexus, state-specific licensing, inventory-in-state economic nexus). We track all of this through Avalara or TaxJar integrated with Seller Central.
Amazon-specific scope.
Built around the realities of FBA and marketplace operations.
- Settlement statement reconciliation Every Amazon settlement reconciled to bank deposit. Line-item splits for fees, refunds, advertising, storage, FBA reimbursements.
- FBA inventory accounting Inventory tracked at the SKU level. Reconciled to Amazon's inventory reports. Inbound shipments, transfers and disposals captured correctly.
- Multi-marketplace operations Amazon US, UK, EU, AU, JP: consolidated reporting with per-marketplace performance visible.
- Multi-state sales tax (US) Income tax nexus tracking. State-specific licensing where required. Avalara/TaxJar integration. Marketplace facilitator rules applied correctly.
- Advertising cost attribution Sponsored Products, Sponsored Brands, Sponsored Display tracked at the campaign level. ACOS / TACOS calculations.
- Returns and reimbursement tracking FBA reimbursements (for lost / damaged inventory) tracked. Returns reserves estimated.
- COGS at the SKU levelLanded cost capitalised (product cost + freight-in + duty). Sold-through inventory recognised correctly.
- Unit economics by SKUContribution margin per SKU after Amazon fees, advertising and COGS. The data that should drive product-mix decisions.
What goes wrong first in an Amazon seller's books?
The first failure is almost always the same. The Amazon disbursement is treated as revenue. A 14-day settlement arrives net of referral fees, FBA fulfilment fees, storage, long-term storage surcharges, advertising, refunds and reserve movements, so booking the bank credit as sales understates turnover and hides every cost line. A seller doing 60,000 pounds a month gross can show 41,000 pounds of revenue and no cost of sales at all. Gross margin becomes meaningless, and so does any pricing decision made from it.
The second failure follows within a quarter: inventory. FBA stock sits in Amazon fulfilment centres, in transit between them, in a 3PL, and in removal orders, and none of that is visible from the bank feed. Without a SKU-level inventory ledger the cost of goods sold is whatever was purchased that month, which makes profit swing with purchasing rather than with trading. Reimbursements for lost and damaged units compound it, because Amazon credits them at its own valuation, not yours, and they arrive months after the loss.
Third comes tax. Marketplace facilitator rules mean Amazon collects and remits US sales tax in every state that has them, a patchwork the Streamlined Sales Tax Governing Board has only partly harmonised, but the seller still owns registration, nexus tracking and the returns in states where inventory creates physical presence. In the EU the same split applies through the Import One Stop Shop for consignments at or below 150 euros, with the seller responsible for the rest. UK sellers also have to watch the domestic registration point set out in HMRC's VAT registration guidance, which is measured on a rolling twelve months rather than on the accounting year. We work through this order deliberately: settlements first, then inventory, then registrations, because fixing tax on top of unreconciled settlements just moves the error downstream. Sellers running Shopify alongside Amazon should read our Shopify accounting page too, and the underlying ledger design is set out in our Shopify and Amazon chart of accounts guide. The monthly reconciliation and the sales tax filings themselves run through our e-commerce accounting service, and sellers with a US entity should read accounting for US small businesses for the federal and state calendar that sits behind it. Everything else we run for sellers is listed in our full list of accounting services.
"My previous accountant booked Amazon deposits as revenue. We thought we had 40% gross margin. Real number was 22%. Accountaire rebuilt twelve months of books and now I actually know what each SKU is contributing."
What is actually inside an Amazon settlement deposit
One deposit lands roughly every 14 days. Each line below is netted off before the money arrives, and each needs an account of its own.
| Line inside the settlement | What it is | Where it belongs | Part of revenue? |
|---|---|---|---|
| Product sales | Gross order value, before anything is deducted | Revenue, split by marketplace | Yes |
| Refunds and returns | Reversals, often landing weeks after the original order | Contra revenue, not a cost line | Reduces it |
| Referral fees | Amazon's commission per unit sold | Selling cost | No |
| FBA fulfilment, storage, inbound and disposal fees | Four charges that behave differently across the year | Four separate cost accounts rather than one | No |
| Sponsored Products, Brands and Display | Advertising spend, which drives ACOS and TACOS | Marketing cost, tracked per campaign | No |
| Marketplace facilitator tax | Collected and remitted by Amazon in most US states | A liability passing through, never yours to keep | No |
| FBA reimbursements | Compensation for inventory lost or damaged in the network | Other income, matched against the stock written off | No |
| Reserve movements | Amounts held back and released later | Timing only, and nothing to do with performance | No |
Why Amazon sellers choose us.
A practice that actually understands Seller Central.
A2X specialists
Configured correctly. Settlements reconciling to the penny. No mystery deposits.
Multi-marketplace native
Amazon US + UK + EU consolidated reporting is standard, not extra scope.
Inventory done properly
FBA inventory reconciled to Amazon's reports. Audit-ready under IAS 2 / ASC 330.
Sales tax handled
Multi-state US economic nexus tracking. EU VAT. UK MTD. All within scope.
What do Amazon FBA accountants get asked most?
Do you handle Amazon Vendor Central as well?
How do you handle multi-marketplace FBA?
What about EU VAT after Brexit?
Can you track FBA reimbursements?
What about Amazon's marketplace facilitator collection?
How do you handle Amazon advertising spend?
Where Amazon sellers go next.
E-commerce
Multi-platform e-commerce specialism.
Shopify brands
Specifically for Shopify operators.
E-commerce accounting
Service-level page.
Catch-up bookkeeping for sellers
For accounts with months of unreconciled settlements behind them.
Multi-state sales tax compliance
Nexus tracking, registrations and returns where Amazon does not collect.
US accounting for online sellers
Federal and state filings for sellers trading into the United States.