- Covers both FBA and FBM Amazon sellers; the accounting quirks differ by fulfilment model and stock location.
- Core work: settlement reconciliation (via A2X/Link My Books), correct VAT treatment, and per-SKU profit after Amazon's ~15-20% cut.
- VAT treatment depends on stock location and whether you are UK-established, see marketplace VAT.
- Matched free with a pre-screened UK Amazon specialist; fees published up front.
- Register for VAT at the £90,000 taxable-turnover threshold.
FBA vs FBM: the accounting differs
How you fulfil changes the accounting:
- FBA (Fulfilled by Amazon): Amazon stores, picks, packs and ships. Settlements net out FBA fulfilment and storage fees, and Pan-European FBA can move your stock across the EU, with the VAT consequences that brings. See FBA accounting.
- FBM (Fulfilled by Merchant): you hold and ship the stock. No FBA fees, but your own shipping, packaging and 3PL costs need accounting for, and inventory sits on your balance sheet, not Amazon's.
Many sellers run both. A specialist sets up your books so FBA and FBM are separable and each channel's true margin is visible.
What an Amazon seller accountant does
- Reconciles Amazon settlements into clean accounting entries via A2X or Link My Books, splitting sales, fees, refunds, reimbursements and advertising.
- Gets your VAT treatment right for your stock location and residency.
- Builds per-SKU / per-channel profitability so you know what actually makes money after Amazon's cut.
- Handles multi-currency for international marketplaces.
- Files the statutory work: annual accounts, corporation tax, VAT returns, director payroll.
VAT for Amazon sellers
The key rule: who accounts for VAT depends on where your stock is and whether you are UK-established.
- UK seller, UK stock: you charge and remit VAT; Amazon just processes payment.
- UK seller, overseas stock (or non-UK seller): Amazon is often the deemed supplier and collects the VAT.
The full matrix is in the marketplace VAT guide. The £90,000 registration threshold applies to total taxable turnover including marketplace-handled sales. An Amazon specialist keeps you compliant and reclaiming what you can via PVA.
Typical fees
| Stage | Monthly fee | Turnover |
|---|---|---|
| Starter | £44-£100/mo | Under £150k |
| Growth | £100-£250/mo | £150k - £500k |
| Scale | £250-£500/mo | £500k - £2M |
Usually covers accounts, corporation tax, monthly bookkeeping, quarterly VAT, director payroll and the bridge subscription. International VAT (OSS/IOSS, Pan-EU FBA) is typically an add-on. Your matched firm gives a fixed quote.
Get matched with an Amazon specialist
Run the 60-second quiz, get a shortlist of pre-screened UK Amazon-specialist accountants with fees up front, and pick the fit. Free to you, the accountant pays GoEcom on conversion. Match me with an Amazon accountant →