Amazon Sales and Hosted Reckon
Comments
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Hi Natasha,
I would expect that you would treat it like any other sales. Enter a sales receipt for either each individual transaction, or one large sales receipt for the days sales. If you only selling in Australia, and reporting GST you would use the GST tax code - which is 10% tax - on the sales receipt.
Regards,
Shane
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Hi Nantasa
If you’re trying to also account for Amazon fees etc v net deposits I would recommend using a Clearing account (eg a dummy “Bank” account)
You can receive (eg Deposit To) from individual or daily Sales Receipts & pay Fees etc via “Write Chq” out of this account. The remaining amount(s) in the Clearing account will equal each net deposit received into the actual main bank account.
Some people like to use the “Transfer Funds” feature however I find “Write Chq” allows for more detail & is more self-explanatory.
I usually create a specific Customer, Supplier(s) (eg Amazon (Fees)”) & Other Name (eg “Amazon Net Dep”) for these transactions then memorise them as a group in order to re-use as required J
Shaz Hughes Dip(Fin) ACQ NSW, MICB
Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)
Accounted 4 Bookkeeping Services
Ballajura, WA
0422 886 003
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Reckon Staff 
