Does your advisor not understand Amazon or your marketplaces?
Thanks to the tax and accounting advice from Contaldia in Odoo, you can easily automate and account for all your marketplace orders and invoices in Odoo.
Why Contaldia?
Since 2010, we have had clients with e-commerce through Shopify, Prestashop, WooCommerce, and similar platforms.
Marketplaces and Odoo
In 2019, we started to have many clients with Odoo integrations with Amazon FBA, FBM, eBay, Pc Componentes, Fnac...
Is it possible?
Yes, with a good integration from your technical partner, we can automate accounting and bank reconciliation.
My orders in Odoo
It is important that Odoo receives orders, manages inventory, and accounting in an integrated manner.
Taxation and Accounting
By understanding the flows and having your Odoo well configured, you can achieve reliable and secure accounting.
Taxation in other countries
We know how to operate with the OSS, as well as with permanent establishments in other countries for VAT payment in that country.
Facebook Ads, Amazon ads
We know the ancillary services
Many more...
but all are accounted for
FBA Prime Seller
FBM from your warehouse
Accounting in Odoo with Marketplaces: centralized management and tax control
In the era of e-commerce, integrating multiple sales channels is essential. Odoo allows you to centralize management and automate accounting derived from transactions on marketplaces like Amazon, eBay, or your own e-commerce. This not only improves operational efficiency but also ensures rigorous and up-to-date tax accounting.
1. Why integrate marketplaces with Odoo?
- Consolidated view: by channeling invoices, payments, commissions, and taxes from different marketplaces into a single system, you obtain a complete financial analysis.
- Tax automation: Odoo automatically accounts for VAT, withholdings, commissions, and currency adjustments (if applicable).
- Error reduction: manual accounting by Marketplace is prone to errors. With Odoo, you minimize discrepancies and avoid tax penalties for mistakes in VAT or undeclared income.
2. Basic setup in Odoo
- Automatic connection: through certified connectors, Odoo imports sales and expenses including breakdowns of taxes and commissions, filling in predetermined accounting positions.
- Account mapping: each type of operation (net income, input VAT, withholding, commission, paysafe) is assigned to specific accounting accounts, generating accurate entries for each Marketplace.
- Management of intra-community or deferred VAT: if you sell outside your country, Odoo can cover the requirements for intra-community and deferred VAT through the corresponding boxes (model 349303).https://contaldia19.cloudodoo.com/blog/contabilidad-4/importaciones-con-iva-diferido-19
3. Tax and accounting advantages
- Filing of models 369, 347, and 303: Odoo consolidates supplier and customer information beyond established limits, automating the generation of tax models such as 369, 347, 303, or intra-community.
- Monitoring and audits: with detailed records by marketplace, each invoice and entry is traced, facilitating internal and external audits.
- Legal adaptation: Odoo updates its accounting modules according to legislative changes, ensuring regulatory compliance without the need for manual oversight.
Conclusion
Integrating marketplaces with Odoo's accounting offers a robust, reliable, and tax-compliant accounting environment. The automation of entries, the generation of tax models, and consolidated analysis streamline operations and strengthen the financial health of your business.
Automation
Less manual intervention: the system does most of the work, reducing administrative burden.
Decisions
Improves decision-making: consolidated reports by channel allow for the identification of profitability, costs, and strategic openings.
Scalability
Scalability: new marketplaces connect to the same system, maintaining accounting consistency.
We know Odoo & Amazon
We have extensive experience in advising companies with e-commerce using websites like PrestaShop, WooCommerce, Shopify, and marketplaces such as Amazon, Miravia, eBay, Pc Componentes, C Discount, Beezup, Facebook, Fnac, Carrefour, Worten, and similar. Optionally, you can use very visual Amazon control applications like Helium10 or Shopkeeper to ensure the margin and performance of your Marketplace immediately.
500+ Companies have trusted us.
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