Taxomate
Amazon seller accounting tool.
About Taxomate
Taxomate pulls Amazon settlement reports directly into QuickBooks or Xero, breaking out sales, refunds, FBA fees, referral fees, advertising costs, and tax collected into separate ledger entries. Instead of one lump Amazon deposit hitting your bank feed, you get a mapped transaction set that matches your chart of accounts. Setup connects your Amazon Seller Central account, maps fee types to your GL codes, and posts automatically after each settlement period — typically every two weeks. It fits solo Amazon sellers and small e-commerce bookkeeping practices handling five to twenty Amazon accounts. The fee categorization handles multi-marketplace settlements — US, UK, CA, EU — so a client selling across regions gets consolidated, properly labeled entries rather than a guessing game on currency and fee types. The tool covers Amazon exclusively. Sellers also on Walmart, Shopify, or eBay need separate solutions for those channels. There is no audit trail visualization or variance reporting built in, so reconciliation still requires manual review when settlement amounts shift unexpectedly. Support documentation is thin compared to established players like A2X, and the user community is smaller, which matters when edge cases arise.
Best for
Amazon sellers wanting automated bookkeeping from settlement reports
Key Features
- Automated Amazon settlement data import
- Multi-marketplace fee categorization
- Real-time QuickBooks and Xero sync
- Amazon tax reporting automation
Pros & Cons
Pros
- Breaks Amazon settlement deposits into individual line items — sales, FBA fees, referral fees, ad spend, refunds — rather than posting a single lump sum
- Handles multi-marketplace settlements including US, UK, Canada, and EU with correct currency mapping
- Auto-posts to QuickBooks Online or Xero after each settlement cycle without manual intervention
- Maps Amazon tax collected to a dedicated liability account, keeping sales tax tracking clean for nexus reporting
- At $19/mo it costs less than half of A2X's entry tier, making it viable for low-volume sellers or practices onboarding price-sensitive clients
- Connects to Amazon Seller Central via API, so no manual CSV uploads after initial setup
Cons
- Amazon-only: no support for Walmart, Shopify, eBay, or Etsy, so multi-channel sellers need additional tools and face reconciliation gaps
- No free trial or evaluation tier — you pay before confirming the fee mapping fits your chart of accounts
- Reconciliation errors from unexpected Amazon holdbacks or reserve adjustments require manual fixes; the tool does not flag or explain settlement variances
- Smaller user base means fewer community-sourced fixes and slower accumulated documentation compared to A2X
- No built-in inventory cost tracking, so COGS reconciliation still requires a separate workflow or manual journal entries
- Xero and QuickBooks Desktop are not supported — only QuickBooks Online and Xero cloud
Ledger Brief Take
Purpose-built for Amazon's complex settlement structure, handling the fee breakdowns and multi-marketplace reconciliation that generic e-commerce tools fumble. This fills the specific gap between Amazon's opaque reporting and clean QuickBooks/Xero entries, though sellers with multiple sales channels might need additional tools for complete coverage.
Frequently Asked Questions
Common questions accountants ask about Taxomate.
How does Taxomate pricing work and what does the entry tier include?
Taxomate starts at $19 per month for a single Amazon marketplace connection with QuickBooks Online or Xero sync. Higher tiers add additional marketplace connections. There is no free plan and no stated trial period, so you commit before testing the fee mapping against your actual account structure.
How does Taxomate compare to A2X for Amazon bookkeeping?
A2X is the category incumbent with more documentation, a larger user community, and broader channel support including Shopify and Etsy. Taxomate is Amazon-only but costs less at entry level. For a practice with straightforward Amazon-only clients on tight margins, Taxomate is functional. For complex multi-channel sellers or firms needing strong support resources, A2X is the safer choice.
Does Taxomate work with QuickBooks Desktop or only QuickBooks Online?
Taxomate integrates with QuickBooks Online and Xero cloud only. QuickBooks Desktop is not supported. If your firm or client runs Desktop, you need a different tool or a migration before Taxomate is usable.
How does Taxomate handle Amazon sales tax collected by Amazon?
For marketplace facilitator states where Amazon collects and remits tax, Taxomate maps that amount to a separate liability or pass-through account in QuickBooks or Xero rather than lumping it into gross sales. This keeps your revenue figures clean and prevents overstating taxable sales, though you still need to confirm the account mapping matches your filing approach.
Is Taxomate suitable for an accounting practice managing multiple Amazon seller clients?
It works for practices managing several Amazon-only clients, particularly at the lower price point per account. There is no dedicated agency dashboard or bulk account management interface, so you log into each client connection separately. Practices with ten or more Amazon clients may find that workflow friction adds up.
What happens to historical Amazon settlement data when you first connect?
Taxomate can import historical settlement reports from Amazon Seller Central, not just live data going forward. The exact lookback period depends on what Amazon makes available via API, typically up to 18 months, but you should verify current limits in Seller Central before relying on this for a historical cleanup engagement.