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Writer's pictureReuben Bergola

Why You Need an Amazon Accountant or Bookkeeper

As a business owner, it is important to keep track of your financial records to know your business's financial position. It is even more important when it comes to selling on Amazon. Amazon's bookkeeping and accounting can be complex, and it is essential to have an accountant or bookkeeper that understands the platform's nuances. In this article, we will discuss how to find an Amazon accountant or bookkeeper.


What Is an Amazon Accountant or Bookkeeper?


An Amazon accountant or bookkeeper specializes in managing the financial records of businesses that sell on Amazon. They are experts in handling the complexities of Amazon's financial systems, including sales tax and inventory management. Their primary responsibility is to keep your financial records in order, so you can make informed business decisions.


Why Do You Need an Amazon Accountant or Bookkeeper?


If you sell on Amazon, you need an accountant or bookkeeper to manage your financial records. Amazon's financial systems can be complicated, and it is easy to make mistakes. A professional Amazon accountant or bookkeeper can help you avoid mistakes that could lead to penalties or fines. They can also provide valuable insights into your business's financial position, including profit margins, sales trends, and cash flow.


How to Find an Amazon Accountant or Bookkeeper


There are several things to consider when looking for an Amazon accountant or bookkeeper. Here are some steps you can take to find the right professional for your business:


1. Look for Certified Accountants or Bookkeepers


Certified accountants or bookkeepers have undergone rigorous training and have passed exams to prove their expertise. Look for certified professionals such as Certified Public Accountants (CPAs) or Certified Bookkeepers (CBs). These certifications ensure the professional has the necessary skills and knowledge to handle your financial records.


2. Check Reviews and References


Before hiring an Amazon accountant or bookkeeper, check their reviews and references. Look for professionals who have positive reviews and satisfied clients. You can also ask for professional references and contact them about their experience working with the accountant or bookkeeper.


3. Look for Experience with Amazon


When looking for an Amazon accountant or bookkeeper, look for professionals with experience working with Amazon. Amazon's financial systems can be complex, and it is important to have a professional who understands how to navigate them. Look for professionals who have worked with other Amazon sellers and deeply understand the platform's nuances.


4. Consider Cost


When hiring an Amazon accountant or bookkeeper, consider the cost. Look for professionals who offer transparent and competitive pricing. Consider the value they will bring to your business and ensure that their fees are reasonable and within your budget.


Conclusion


Managing your financial records is crucial when selling on Amazon. An Amazon accountant or bookkeeper can help you keep your financial records in order and provide valuable insights into your business's financial position. When looking for an Amazon accountant or bookkeeper, consider their certifications, reviews, experience with Amazon, and cost. By taking these steps, you can find the right professional for your business and ensure that your financial records are in good hands.


The ECommerce Accountant is a team of business advisors for online stores and influencers across Australia, dedicated to helping online entrepreneurs minimise tax and increase profit. We specialise in everything online, including traditional production stores, subscription-based, dropshipping and Amazon retailers. If you need a bookkeeper for Amazon sellers, we’ve got you covered! Get in touch with us today and let us know how we can help!

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