Hi All! I have set up A2X with my seller central account and am now trying to work out where each of these expenses should be categorized on my P&L. I think i get most of it but just have a few which I am unsure about.
Also, what is everybody doing for their tax accounting related to Amazon
Any guidance on where these expenses should be categorized?
Shipping - Amazon.com (Order ItemPrice)
Shipping - Amazon.com (Order Promotion)
Shipping - Amazon.com (Refund ItemPrice)
Shipping - Amazon.com (Refund Promotion)
ShippingChargeback - Amazon.com (Order ItemFees)
ShippingHB - Amazon.com (Order ItemFees)
ShippingServices (other-transaction)
- 5staramazon asked 1 year ago
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Yeah, do a T account of that.
I just too an accounting class. Lol
- overkill answered 1 year ago
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Are you really going to itemize each type of shipping expense on your P&L and make it that detailed?
Either way shipping cost from your supplier would be a cost of doing business (cost of goods sold)
The cost for you to ship (or amazon if FBA) is a shipping expense for you… and normally categorized under postage and delivery.
I’m an accountant by trade. Hope this helps.
- thebeast answered 1 year ago
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