Smart Bookkeeping for Smart Sellers
Complete resource center for Amazon FBA and FBM sellers
Master Amazon's bi-weekly settlement reports and reconcile payments accurately to your bank account.
Excel spreadsheet to track all FBA fees including storage, fulfillment, long-term storage, and reimbursements.
Learn how to properly value your inventory for accurate COGS and financial reporting on Amazon.
Interactive calculator to determine true profit per unit accounting for all Amazon fees and costs.
Complete guide for setting up FBM fulfillment and implementing proper accounting processes for merchant fulfillment.
Monthly checklist for staying tax compliant as an Amazon seller including sales tax and income tax responsibilities.
| Aspect | FBA | FBM |
|---|---|---|
| Fulfillment Fees | Per-unit fulfillment fees | You pay shipping costs |
| Storage Costs | Monthly storage fees | Your own storage expenses |
| Long-Term Storage | $6.45-$7.70 per unit | Not applicable |
| Returns Handling | Amazon manages, fees apply | You manage all returns |
| Customer Service | Amazon 24/7 support | You handle support |
| Cash Flow Impact | Higher upfront costs | Lower fees, more work |
| Accounting Complexity | Very high - many fee types | Medium - straightforward |
| Best For | High-volume fast-moving | Niche, specialty items |
Open a dedicated business bank account for all Amazon sales and expenses. Never mix personal and business funds.
Use accrual method for accurate financial reporting, especially for tax purposes and business valuation.
Use integration tools like Link My Books or Connex to automatically sync Amazon data and reduce errors.
Keep all invoices, settlement reports, and receipts for 7 years minimum organized by month and category.
Match Amazon settlement reports to bank deposits every week. Catch discrepancies immediately for easy resolution.
Track profit margin, ROI, and break-even point per product. Review FBA fees as percentage of revenue monthly.
Get expert guidance on optimizing your Amazon seller accounting and maximizing profitability
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