Does your Advisor not understand Amazon or your Marketplaces?
Thanks to the tax and accounting advice from Contaldia in Odoo, you will be able to easily automate and account for all your marketplace orders and invoices in Odoo.
Why Contaldia?
Since 2010, we have clients with e-commerce using 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 of your technical partner, we can automate accounting and bank reconciliation.
My orders in Odoo
It is important for Odoo to receive orders, manage inventory, and handle accounting in an integrated manner.
Taxation and Accounting
By understanding the flows and with your Odoo properly configured, you will be able to obtain 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 the payment of VAT in that country.
Facebook Ads, Amazon ads
We know the accessory services
Many more...
but all are counted
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 the accounting derived from transactions in 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 comprehensive financial analysis.
- Tax automation: Odoo automatically accounts for VAT, withholdings, commissions, and currency adjustments (if applicable).
- Reduction of errors: manual accounting for Marketplace is prone to mistakes. With Odoo, you minimize discrepancies and avoid tax penalties for errors in VAT or undeclared income.
2. Basic Configuration in Odoo
- Automatic: through certified connectors, Odoo imports sales and expenses including a breakdown of taxes and commissions, filling in predefined accounting positions.
- Mapping: each type of operation (net income, VAT supported, withholding, commission, paysafe) is assigned to specific accounting accounts, generating accurate entries for each Marketplace.
- EU and International Taxes:if you sell outside your country, Odoo can cover the requirements for intra-community and deferred VAT through the corresponding boxes (model 349 or 303) https://www.contaldia.com/blog/noticias-contaldia-1/importaciones-con-iva-diferido-16
3. Tax and accounting advantages
- Registration of taxes 369, 347 y 303: Odoo consolidates supplier and customer information beyond the established limits, automating the generation of tax models such as 369, 347, 303, or intracommunity..
- Audits: with detailed records by marketplace, each invoice and entry is tracked, which facilitates internal and external audits.
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Conclusion
Connect Marketplace with Odoo accounting offers a robust, reliable, and tax-compliant accounting environment. The automation of entries, the generation of tax models, and the consolidated analysis allow for streamlined 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 platforms.
Do you have any questions?
Tell us about your situation and find out how we can help you outsource your accounting or advise you on Odoo to optimize your business.