Proper double-entry, not categorised bank lines
Most seller bookkeeping tools import your bank and card transactions and ask you to file each
one under a category. That works until you need something a bank statement can't tell you.
A card charge reading "Wholesale Supplier — $500" doesn't know it was 100 units of one SKU at
$5 each. So those tools can't value your inventory, can't calculate cost of goods sold per
product, and can't produce a balance sheet you'd trust.
SellerTally records each business event with its full structure — accounts, amounts,
quantities, both sides. That's what makes everything below possible.
Amazon import that understands Amazon
We read your Amazon financial events and post each type to the right account: product sales,
refunds, referral fees, FBA fulfilment, storage, long-term storage, inbound placement fees,
reimbursements, adjustments, settlements, transfers.
Anything we don't recognise is quarantined and flagged, never silently dropped or guessed at.
You'll know if something needs a decision.
Getting your data in
Amazon settlement file import
Export your Amazon settlement data from Seller Central and upload it — no Amazon
account access required. Built for accountants working from what a client hands them, or
anyone who'd rather not grant API access. Same posting pipeline, same statements either way.
Automatic Amazon API sync
Connect your Amazon account once through the Amazon Selling Partner API and orders, refunds,
fees, adjustments and settlements sync automatically on a schedule. It is deliberately not
real-time — ledgers need to be stable, and Amazon's own settlement data is
provisional until it releases anyway.
Inventory that's actually an asset
Purchases go to inventory, not straight to expense. Cost moves to cost of goods sold when the
unit sells — which is what makes gross margin mean anything.
Inventory locations & transfers Coming soon
Tracking stock split across more than one place — Amazon FBA, a prep center, your own
warehouse — and moving it between them at cost, is on the roadmap. Not available yet.
- Moving weighted average cost, recalculated on every purchase
- Landed cost: supplier price, inbound freight, duty, prep, placement fees
- Bundles and multi-packs decomposed to component costs
- Inventory valuation at any date
- Full movement history — purchases, sales, returns, adjustments, write-offs, disposals
Sell a bundle SKU — a 4-pack containing four different items, say — and SellerTally decomposes
it against its recipe automatically: each component's inventory quantity and cost come out
correctly, on their own, at the moment of sale. Most seller tools can't do this at all; they
either can't model a bundle as anything other than its own separate inventory item, or they
can model the recipe but don't actually move component-level cost and quantity when it sells.
Linked documents, not orphaned ones
A Purchase Invoice and the Purchase Return against it aren't two separate transactions you have
to remember to reconcile against each other — the return is recorded against the invoice it
came from, prefilled from what was actually bought.
A return reduces what you owe the vendor and the inventory units and cost of that item, in one
step, so your payables and your stock never drift apart. Every linked document carries a direct
link back to where it came from and forward to what it created, so tracing a chain never means
searching a report to reconstruct it by hand.
1099-K reconciliation
Amazon's 1099-K reports gross unadjusted payments — refunds, returns and fees
aren't netted off. So it will never equal your revenue, and that mismatch worries sellers every
January.
The 1099-K Reconciliation report shows the bridge from the gross amount Amazon reports to your
net sales in the books, adjustment by adjustment, so you can compare it with the form yourself.
Month by month as well as annually.
