We are accountants for small Amazon sellers in the UK
We specialise exclusively in Amazon-focused accounting, helping small business sellers and fast-growing startups stay compliant, profitable, and investor-ready.
We build our accounting service around how Amazon actually works so that you have the comfort of understanding how your business performs including:
- Marketplace facilitator VAT rules
- Amazon settlement reports (not simple invoices)
- FBA inventory flows across borders
We work directly from Amazon Seller Central data, ensuring your numbers reflect reality not assumptions.
Our Amazon accounting services
Our Amazon accounting services are designed around Seller Central, FBA, and Amazon’s unique reporting structure to give understanding of:
- Amazon settlement report reconciliation – We reconcile Amazon payouts line by line, accounting for fees, refunds, reimbursements, and withheld balances.
- Amazon FBA inventory accounting – We track inventory sent to Amazon warehouses, inventory in transit, lost or damaged stock, and FBA reimbursements.
- Multi-currency & international Amazon marketplaces – Handling FX differences, foreign marketplaces, and Amazon currency conversions
- Amazon fees & commission analysis – we correctly categorise and analyse referral fees, FBA fulfilment fees, storage fees, long-term storage charges, advertising deductions.
- VAT accounting under Amazon marketplace rules – including marketplace facilitator VAT, distance selling thresholds, and IOSS for low value goods.
- Dedicated support from an experienced amazon seller accountant
Our Amazon accounting services are designed around Seller Central, FBA, and Amazon’s unique reporting structure to give understanding of:
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What accounting challenges do businesses on Amazon face?
Some of the most common Amazon-specific accounting challenges include:
- Lack of clear sales invoices – Amazon doesn’t issue traditional invoices for sellers. Everything is bundled into settlement reports, making revenue recognition complex. A common issue in bookkeeping for amazon sellers is recording only the net payout, which can understate turnover and distort profit and VAT reporting.
- Timing differences between sales and cash received – Sales happen daily, but cash is paid out every two weeks (or longer), causing confusion around profits, tax liabilities, and cash flow.
- FBA cost and inventory tracking – For businesses using Fulfilment by Amazon, storage fees, fulfilment charges, reimbursements and inventory movements must be properly recorded. This is why working with a specialist amazon FBA accountant is particularly important.
- Marketplace facilitator VAT rules – Amazon collects VAT on some sales but not others, depending on customer location, stock location, and seller status. This differs from Shopify’s merchant-led VAT model and requires careful review by an experienced amazon tax accountant.
These challenges are unique to Amazon and cannot be solved with standard e-commerce bookkeeping.
How do we meet these challenges?
At Lera Accountancy, we provide structured amazon bookkeeping and reporting based on how Amazon’s systems actually operate, rather than relying on generic ecommerce accounting methods.
- Settlement-first accounting approach – We use Amazon settlement reports as the primary source of accounting data, ensuring sales, fees, VAT, and refunds are all recorded accurately.
- Amazon FBA inventory tracking – We account for inventory at every stage from supplier through Amazon to the final customer, including discrepancies, write-offs, and reimbursements.
- Correct VAT treatment for Amazon sales – We ensure VAT is handled correctly under marketplace rules, cross-border stock movements, and international selling obligations.
As specialist accountants for amazon we remove the confusion, reduce risk, and give you clear, reliable financial insight tailored specifically to Amazon Seller Central