Taxomate: Your Whole New Amazon Seller Bookkeeping Partner
All Amazon sellers, especially the new ones, go through the process of getting to know how things work in this gigantic platform. One of the aspects that they have to familiarize themselves with, if not master, is the accounting and tax collection part. Amazon sellers then have to be knowledgeable about the basics of sales tax, applying for sales tax permit, determining the sales tax nexus, determining the amount of sales tax to collect from their buyers, setting up their tools, and so on and so forth. The process of getting the hang of it can be a long and taxing one.
Amazon sellers do feel how tedious it is to go through all the tax, sales, accounting, and other amazon bookkeeping tasks. As much as possible, we look forward to a simpler, more affordable, and quicker way to get our taxes done. There are actually lots of tools and apps that can help us achieve just that. One of the newest software solutions launching in the market is taxomate.
Taxomate is a whole new innovation that tags along a whole heap of perks. The following are some of the things that taxomate has to offer:
EASY XERO & QUICKBOOKS ACCESS
With taxomate, users can now easily connect their Amazon account to either Quickbooks or Xero. Importing order sales is now a piece of cake. Say goodbye to manual order import and say hello to a way easier channel of getting the job done.
As you may have known, XERO does all the things you would expect from a handy accounting tool. The good thing about using taxomate to connect with Xero is that you can easily tap a platform that is cloud-based, user-friendly, and Amazon-friendly with third-party integrations and attachable files. As mentioned, taxomate can also link you to QuickBooks. This is another software solution that manages inventory, payroll, sales, and other essential things any small business needs. It also has merchant services, marketing tools, training solutions, as well as product and supplies. There are even industry-specific features that anyone can take advantage of. The list of perks goes on.
Manually connecting your Amazon account to Xero or QuickBooks can surely take time and effort. With taxomate, you can totally skip that part and head towards an easier flow that you have come to look for.
AUTOMATED SALES TAX
Everything becomes more manageable if things are automatically set. Sales tax is one of the things that, when automated, will make business people’s lives easier. With Taxomate’s automated sales tax feature, you can now set up your sales tax in just a matter of seconds. On top of the convenience it brings, it also helps your store become future-proof. When we say “future-proof”, we mean getting your system ready for the future changes in the industry. At present, businesses can only collect sales tax in states where their physical hub is located — let’s say their warehouse or storefront. But once the internet sales tax finally becomes a law, you can already charge tax in all US states. Automated sales tax helps with the compliance through simplifying the addition of states to your tax setup. Just select the states you’d want to collect tax, and taxomate will calculate your Amazon sales tax for you. It’s totally user-friendly and ultra-convenient.
INEXPENSIVE & AFFORDABLE
Most e-commerce and Amazon accounting software solutions are overpriced. This is one of the troubles of Amazon sellers. They feel the need to get multiple tools at hefty rates. With taxomate, you can have a multi-purpose accounting software starting at as low as $9.99. Taxomate advocates its support to Amazon sellers and thus proceeds with seamless cost-cutting measures to make the final market price as affordable as possible. Businesses of all shapes and sizes can maximize this attractive deal.
With software solutions like taxomate, you no longer have to do things the hard way. Time is the most essential commodity every entrepreneur has. Don’t waste it by resorting to the manual and traditional processes. Investing in worthwhile accounting tools like taxomate will be a wise, wise move. It won’t only save you time but will also save you effort and money. Take care of your Amazon seller bookkeeping with taxomate today. This whole new app can be your new partner in making things way manageable in your treasured enterprise.
Originally published at taxomate.