MeruAcoounting Software we integrate with Xero Quickbook A2X Texomate

The Meru accounting team has outlined the top Accounting softwarethat the e-commerce companies should be utilizing

In the last ten-fifteen years, the world has seen some remarkable changes, and the E-commerce industry, on similar lines has witnessed unprecedented developments as people have shifted their focus from regular brick and mortar stores to e-commerce websites simply because of the facilities and comfort associated with these E-commerce websites.

But this extraordinary growth exemplifies the need for these E-commerce companies to be as focused and optimized than ever before In order to be as efficient and profitable as possible, companies require an in-depth knowledge of inventory on hand, the cost of goods sold (COGS), as well as incidentals such as shipping or payroll. To meet these conditions, a variety of accounting applications exist to assist Amazon and other e-commerce sellers.

01 Xero

Xero is a cloud-based accounting platform that is considered one of the most pocket-friendly accounting software specifically built with the small to a medium-sized business owner in mind. It is very much suited for Amazon sellers who want to focus their attention on growing sales with fewer complexities in learning accounting software, will find a good match in Xero.

Plus, Xero is widely known for seamless third-party integrations and add-ons ranging from point of sale to inventory management. Transfer data easily and accurately from applications such as Square, Shopify, Vend, PayPal, Squarespace, A2X, and more. Making it a flexible option.

02 A2X

A2X is considered as one of the most user-friendly accounting software if your e-commerce business sells on Amazon, Walmart, eBay, etc. A2X automates your accounting, fees, cost of goods sold (COGS) and lays out the FBA inventory. It also compiles your latest Amazon transactions and feeds them directly into the accounting platform that you are using.

A2X has a direct linking to Xero, QuickBooks, and Amazon. A2X minimizes manual intervention and limits possible errors, keeping your business optimized and geared for growth.

03 QuickBooks

Regarded as the best accounting software for E-commerce sellers, QuickBooks comes in both online and desktop setups. Sellers moving a large volume of merchandise through an Amazon storefront will find in QuickBooks one-stop destination all the tools needed to maximize profits and manage inventory. Also, if you have multiple seller accounts, for that also, QuickBooks includes features allowing sellers to manage multiple online storefronts

In addition, Amazon sellers with an established Amazon presence contemplating how to increase their profit margins should find Activate in combination with QuickBooks a solid choice for their accounting needs.

04 Taxomate

A cloud-based service used by Amazon sellers to import their latest Amazon Seller marketplace settlements, Sales, transaction fees, and post summarized transactions to your accounting platforms like QuickBooks or Xero. Once the data from seller central gets imported into your accounting software, you can easily reconcile the transactions with bank deposits received from Amazon. Taxomate completely automates your Amazon seller central account with your accounting software, saving you countless hours of manually processing your transaction statements.

It is also an affordable option if someone is looking for a complete automated seller account setup, which takes care of financial settlements, Track Cost of Goods Sold, and Inventory Valuation.Tired of paying for overpriced Amazon Accounting Software? We are over 50% less expensive than our competitors.

With a plethora of e-commerce applications available to e-commerce sellers, which are designed to help them achieve maximum profitability, the above-highlighted applications will kickstart your bookkeeping and accounting processes, essential for your business growth.