About taxomate
Taxomate is a robust integration software designed to simplify the tax compliance process for e-commerce businesses.
taxomate Details
Vendor
taxomate
Year Launched
2018
Location
Brooklyn, New York 11201, US
Deployment
cloud, on premise, windows
Training Options
documentation, videos, live online, demo, account manager, community
Countries Served
All Countries
Languages
English, French, German, Spanish, Italian, Japanese
Users
Taxomate is typically used by E-commerce Sellers, Accountants, CPAs, and Bookkeepers.
Industries Served
Finance, E-commerce, Retail, Accounting, Online business
Tags
Ecommerce Accounting, Amazon Bookkeeping, QuickBooks Integration, Xero Sync, COGS Tracking, Settlement Reconciliation, Marketplace Fees, Shopify Accounting, Inventory Management, Automated Bookkeeping.
taxomate's In-App Market Place
Does taxomate have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Free trial
Free version
Request a quote
Promo Offer
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), CAD (C$), AUD (A$), JPY (¥), CHF (CHF), SGD (S$), HKD (HK$), NZD (NZ$), SEK (kr), NOK (kr), DKK (kr), INR (₹), CNY (¥), KRW (₩)
Pros & Cons
- Automates the process of importing Amazon seller fees and transactions into accounting software
- Ensures that marketplace payouts match bank deposits exactly, simplifying the month-end reconciliation process.
- Provides clear visibility into Amazon fees, storage costs, and refunds that are often difficult to track manually.
- Scales easily with the business, handling thousands of transactions without requiring additional administrative overhead.
- Maintains a clean and organized chart of accounts by summarizing data before it reaches the accounting software.
- Initial configuration of account mapping and tax settings requires a solid understanding of basic accounting principles.
- May experience syncing delays or errors if marketplace API permissions are revoked or expire.
- The cost of the service scales based on order volume, which can become expensive for high-volume, low-margin sellers.
- Some users may find the interface less modern compared to newer, "all-in-one" e-commerce management platforms.
- Does not currently support every niche global marketplace, focusing primarily on the largest players like Amazon and eBay.