Tax consulting & Accounting
Besides bookkeeping and tax advisory we are striving towards providing our clients with a full service for online sellers. Thereby, we are specialized to support online sellers to grow their business strategically no matter at what stage the company is right now. We are happy to assist you with the exact service you are looking for:
Tax Consulting and Accounting with FBA, PAN-EU and EFN
As specialists in the area of consulting and accounting our team provides a unique full service for online retailers. Especially Amazon sellers who participate in the PAN-EU and EFN program will benefit greatly from our expertise in these areas. Through our in-depth experience with international taxation we support your company facilitating strategic growth.
Since we use specific interfaces designed especially to fit your purposes, you’ll be able to correctly display even several thousand orders per month. Even customers who don’t have their own merchandise management system will benefit from an easy estimation and illustration of all revenue.
Efficiency & Perfomance
Specialised Consultation and Accounting for Amazon Sellers
Only with a consulting concept specifically designed for online trading as well as the necessary expertise we are able to correctly identify your needs and address them properly. This includes all fiscal particularities of international trade as well as in-depth knowledge about the processes and procedures applied by Amazon.
Focus on Amazon sellers
In 2016 Amazon sellers generated higher revenues than Amazon itself. This clearly highlights Amazon’s potential as a marketplace for retailers. Besides its high media coverage through Amazon, sellers can benefit from the Fulfilment by Amazon, in short FBA. This agreement includes storage, packaging, shipping and order returns. In addition, when choosing the FBA program, sellers can offer Amazon Prime delivery for their products. Products selling through Amazon Prime achieve significantly higher sales figures, since customers enjoy this fast delivery (often within a day) option.
Service fees depend on the products and volume and will be directly deducted from sales revenue. This way sellers bypass the use of their own storage facilities and staff.
Amazon FBA, Pan-EU, EFN in tax consulting and accounting
Initially online sales handling sounds really easy and transparent. However, some processes may become quite time-consuming. For instance procedures, monitoring payments and invoicing may get out of hand easily whenever interfaces aren’t in place. Taking into account all the additional fiscal particularities, online sellers often reach their limits.
Our consulting concept is specifically designed to foster your needs as an online seller. This way we can provide up-to-date accounting and monthly financial statements compared to annual financial statements.
While stationary trading keeps transactions to be processed at a manageable level, online trading can quickly reach more than one hundred entries per day. Sales entries from various channels, receipts of payment from different providers and several other charges may make bookkeeping quite complex and challenging. Going through all these procedures and regulations with a traditional tax advisor may involve disproportionate effort for clients as well as the tax advisor himself.
Instead of placing an additional burden on you in your day-to-day business, we precisely control and optimise processes in order to support you with bookkeeping and tax advice in the future. Accounting challenges which Amazon sellers may face are listed below.
Your Company is in good hands
With our team we support your growth and identify new opportunities for you to expand your success further. We’ll have your back and customise processes according to your individual accounting and tax consulting needs, so that you can focus on your day-to-day business.
Feel free to contact us
Feel free to schedule a first complimentary consultation with us. We are looking forward to hearing from you!