Amazon’s financial reports are the backbone of your business accounting, but they are not always easy to interpret. Overlooked fees, untracked returns, and misclassified transactions can quietly erode your profits and trigger tax headaches.
Selling on eBay through multiple accounts can complicate tax season. Each account that meets the IRS threshold triggers its own 1099-K, which means you could receive several forms reporting overlapping or fragmented income.
Amazon's DD+7 payout policy is new, and it means that your funds are held for 7 days after delivery, not after shipment.
You sell on eBay and Amazon. Orders arrive. You copy data between platforms, update inventory manually, and hope nothing oversells.
Implementing a warehouse management system, or WMS for Shopify is a major operational upgrade.
Around 60% of small and midsize retailers say that managing sales tax and indirect taxes is one of the main reasons they struggle to stay consistently profitable.