Accounting software for Amazon sellers should use the standard double-entry accounting method, include features for inventory tracking and detailed reporting and directly integrate with e-commerce apps.
Karrin Sehmbi is an editor and content strategist on the small-business team. She has more than fifteen years of editorial experience in the fields of educational publishing, content marketing and medical news. She has also held roles as a teacher and a tutor.
Sally Lauckner has over a decade of experience in print and online journalism. Before joining NerdWallet, Sally was the editorial director at Fundera, where she built and led a team focused on small-business content. Her prior experience includes two years as a senior editor at SmartAsset, where she edited a wide range of personal finance content, and five years at the AOL Huffington Post Media Group, where she held a variety of editorial roles. She has a master's in journalism from New York University and a bachelor's in English and history from Columbia University. Email: slauckner@nerdwallet.com.
Sally Lauckner has over a decade of experience in print and online journalism. Before joining NerdWallet, Sally was the editorial director at Fundera, where she built and led a team focused on small-business content. Her prior experience includes two years as a senior editor at SmartAsset, where she edited a wide range of personal finance content, and five years at the AOL Huffington Post Media Group, where she held a variety of editorial roles. She has a master's in journalism from New York University and a bachelor's in English and history from Columbia University. Email: slauckner@nerdwallet.com.
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Karrin Sehmbi is an editor and content strategist on the small-business team. She has more than fifteen years of editorial experience in the fields of educational publishing, content marketing and medical news. She has also held roles as a teacher and a tutor.
Sally Lauckner has over a decade of experience in print and online journalism. Before joining NerdWallet, Sally was the editorial director at Fundera, where she built and led a team focused on small-business content. Her prior experience includes two years as a senior editor at SmartAsset, where she edited a wide range of personal finance content, and five years at the AOL Huffington Post Media Group, where she held a variety of editorial roles. She has a master's in journalism from New York University and a bachelor's in English and history from Columbia University. Email: slauckner@nerdwallet.com.
Sally Lauckner has over a decade of experience in print and online journalism. Before joining NerdWallet, Sally was the editorial director at Fundera, where she built and led a team focused on small-business content. Her prior experience includes two years as a senior editor at SmartAsset, where she edited a wide range of personal finance content, and five years at the AOL Huffington Post Media Group, where she held a variety of editorial roles. She has a master's in journalism from New York University and a bachelor's in English and history from Columbia University. Email: slauckner@nerdwallet.com.
NerdWallet's content is
fact-checked for accuracy, timeliness, and relevance by humans.
It undergoes a thorough review process involving writers and editors to ensure
the information is as clear and complete as possible. Learn more by checking
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Content was accurate at the time of publication.
Why trust NerdWallet
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business loan selections.
Objective and comprehensive business loans ratings rubric
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NerdWallet's small-business loans content, including ratings,
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We believe everyone should be able to make financial decisions with
confidence. And while our site doesn’t feature every company or
financial product available on the market, we’re proud that the guidance
we offer, the information we provide and the tools we create are
objective, independent, straightforward — and free.
So how do we make money? Our partners compensate us. This may influence
which products we review and write about (and where those products
appear on the site), but it in no way affects our recommendations or
advice, which are grounded in thousands of hours of research. Our
partners cannot pay us to guarantee favorable reviews of their products
or services. Here is a list of our partners .
For Amazon sellers using Fulfillment by Amazon (FBA), the best accounting software comes with comprehensive reporting, easy-to-use features and integrations with useful e-commerce apps — for instance, ones that can help with inventory tracking.
Although inventory management is a critical component of your profitable Amazon business, it’s not the only thing you need to take into consideration when you choose accounting software. Having a true double-entry accounting system in place with balance sheets and reconciliation capabilities is essential because it leaves less room for error. Before you settle on accounting software for tracking sales on Amazon, make sure it is a true double-entry accounting system, like the options on our list.
Here are our top picks for accounting software for Amazon sellers along with a couple of products that didn’t make the cut.
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Feature set includes an excellent mobile app and suite of reports, capable invoicing features, plus automated bill and receipt capture through Hubdoc.
Simple layout and easy to use.
Cons
No inbound phone customer support (callbacks are available, though).
Entry-level plan limits bills and invoices to five and 20 per month, respectively.
Must subscribe to the highest-tier Established plan to claim expenses.
Xero allows unlimited users at every subscription tier, a valuable feature for businesses where several users may need at least limited access to the system to run reports or analyze performance. Xero also has a customizable analytics dashboard that lets each user rearrange or hide panels.
Feature set includes an excellent mobile app and suite of reports, capable invoicing features, plus automated bill and receipt capture through Hubdoc.
Simple layout and easy to use.
Cons
No inbound phone customer support (callbacks are available, though).
Entry-level plan limits bills and invoices to five and 20 per month, respectively.
Must subscribe to the highest-tier Established plan to claim expenses.
Xero allows unlimited users at every subscription tier, a valuable feature for businesses where several users may need at least limited access to the system to run reports or analyze performance. Xero also has a customizable analytics dashboard that lets each user rearrange or hide panels.
Easy to share information with your accountant and to find QuickBooks experts and online resources if needed.
More than 750 app integrations.
Robust feature set includes record-keeping, reporting, invoicing and inventory management, plus a capable mobile app.
Chat and phone support available Monday through Saturday in all plans.
Cons
Expensive compared with the competition.
Frequent price increases and a tendency toward upselling.
Limited account users with each plan.
QuickBooks Online is an industry leader in the accounting field, thanks to its strong feature set, scalability and ability to accommodate small businesses with more complex financial needs. With millions of users worldwide, your accountant will likely be familiar with it.
Easy to share information with your accountant and to find QuickBooks experts and online resources if needed.
More than 750 app integrations.
Robust feature set includes record-keeping, reporting, invoicing and inventory management, plus a capable mobile app.
Chat and phone support available Monday through Saturday in all plans.
Cons
Expensive compared with the competition.
Frequent price increases and a tendency toward upselling.
Limited account users with each plan.
QuickBooks Online is an industry leader in the accounting field, thanks to its strong feature set, scalability and ability to accommodate small businesses with more complex financial needs. With millions of users worldwide, your accountant will likely be familiar with it.
Less expensive than some competitors; free plan available for businesses with less than $50k in annual revenue.
Email support in free plan; phone and chat support in paid plans.
Rich feature set includes excellent invoicing, inventory management, workflow rules and a capable mobile app.
Add accounting widgets to your phone’s home screen; track time using your Apple Watch.
Cons
Fewer third-party integrations and reports than some competitors.
No plan includes more than 15 users (can add additional users for a fee).
Zoho Books packs an impressive collection of features and capabilities for an affordable price, and higher-tier plans let users automate workflows and track project profitability. It’s an especially good choice for users that already use the company’s other in-house apps and for businesses that want software with multilingual capabilities (Zoho Books supports 10 languages).
Less expensive than some competitors; free plan available for businesses with less than $50k in annual revenue.
Email support in free plan; phone and chat support in paid plans.
Rich feature set includes excellent invoicing, inventory management, workflow rules and a capable mobile app.
Add accounting widgets to your phone’s home screen; track time using your Apple Watch.
Cons
Fewer third-party integrations and reports than some competitors.
No plan includes more than 15 users (can add additional users for a fee).
Zoho Books packs an impressive collection of features and capabilities for an affordable price, and higher-tier plans let users automate workflows and track project profitability. It’s an especially good choice for users that already use the company’s other in-house apps and for businesses that want software with multilingual capabilities (Zoho Books supports 10 languages).
Trial time is unlimited, but functionality is limited.
Pros
Designed specifically for e-commerce accounting.
Highly rated integration to connect popular accounting software with your e-commerce marketplace.
Free trial lasts for an unlimited amount of time (although you’re limited to three payouts only and won’t get access to COGS).
Cons
Requires additional monthly subscription to link your accounting software with your e-commerce shop.
A2X is a software integration that seamlessly flows your e-commerce financials into your accounting software for automatic transaction reconciliation, accurate reporting and tax compliance.
A2X
Best for E-commerce integration to use with accounting software
Trial time is unlimited, but functionality is limited.
Pros
Designed specifically for e-commerce accounting.
Highly rated integration to connect popular accounting software with your e-commerce marketplace.
Free trial lasts for an unlimited amount of time (although you’re limited to three payouts only and won’t get access to COGS).
Cons
Requires additional monthly subscription to link your accounting software with your e-commerce shop.
A2X is a software integration that seamlessly flows your e-commerce financials into your accounting software for automatic transaction reconciliation, accurate reporting and tax compliance.
NerdWallet’s picks for the best accounting software for Amazon sellers
QuickBooks Online
Best overall accounting software for Amazon sellers
Why we picked it: QuickBooks Online offers standout reporting capabilities that can help you get a clear picture of your Amazon FBA business. As one of the most ubiquitous accounting products on the market, QuickBooks is familiar to most accountants and bookkeepers. It also uses the standard double-entry accounting method.
For access to the most useful reporting features, choose either QuickBooks Online Plus or Advanced instead of the less-expensive Essentials or Simple Start. QuickBooks Online Plus allows you to set up class and location tracking, which will help you determine what segments of your business are most profitable. You can also track inventory in QuickBooks Online Plus.
QuickBooks Online also integrates directly with dozens of apps that sync data with Amazon and other e-commerce platforms, making it an especially great accounting software for Amazon FBA sellers. Read our review of QuickBooks Online.
Best simple accounting software for Amazon sellers
Price
$20 per month for the Early plan.
$47 per month for the Growing plan.
$80 per month for the Established plan.
Why we picked it: Xero is another outstanding accounting application, particularly for those who are new to bookkeeping. With over 4 million subscribers globally, it’s a worthy competitor of QuickBooks. Amazon sellers will appreciate Xero for its ease of use, wealth of features and extensive support resources.
Like QuickBooks, Xero uses double-entry accounting and has an app marketplace with hundreds of third-party software applications that can extend the functionality of your accounting software. It lists more than a dozen apps that integrate with Amazon with Xero for seamless data transferIf you choose to use Xero and a third-party app for your Amazon accounting needs, it’s a good idea to enlist the help of an accountant or bookkeeper to ensure your data is integrating properly. Read our Xero Accounting review.
Best multilingual, multicurrency accounting software for Amazon sellers
Price
$0 per month for the Free plan.
$20 per month for the Standard plan.
$50 per month for the Professional plan.
$70 per month for the Premium plan.
$150 per month for the Elite plan.
$275 per month for the Ultimate plan.
Why we picked it: As a global brand that sells and ships goods all over the world, Amazon attracts sellers to its marketplace from a variety of countries. If you’re an Amazon seller whose first language is one other than English, then you may be interested in accounting software that can assist you with managing your accounts payable and accounts receivable, tracking the financial health of your business, remaining tax compliant, handling payroll and more — all in your native language. Zoho Books and its full suite of features are currently available in 22 languages, including Chinese, German and Spanish. And if your customer base extends beyond your own country, Zoho Books can handle transactions in multiple currencies while automatically calculating exchange rates. Read our full Zoho Books review.
Best e-commerce integration to use with accounting software
Price
Starting at $29 per month for QuickBooks Online or Xero integration with Amazon, Shopify, Etsy, eBay or BigCommerce.
Starting at $79 per month for QuickBooks or Xero integration with Walmart.
$89 to $229 per month for multichannel integration plans.
Why we picked it: A2X is not itself accounting software but rather an app that integrates with both QuickBooks Online and Xero to automate the e-commerce accounting process for Amazon sellers. A2X automatically fetches your Amazon settlements and will post summarized transactions to your accounting software, including data on inventory and the cost of goods sold.
It’s also worth noting that A2X follows the accrual basis method of accounting. As with double-entry accounting, accrual basis accounting improves accuracy. Instead of cash basis accounting, which looks at your finances as cash comes in, accrual basis accounting focuses on revenue and expenses as they are billed. This might sound strange to some small-business owners, but this accounting method can help give you a clearer picture of your Amazon business’s profitability. Reporting your numbers on an accrual basis is particularly important to Amazon sellers, who must adhere to Amazon’s pay schedule, which typically happens bi-weekly. With A2X’s focus on accrual basis, you won’t have to worry about making misguided decisions based on cash basis accounting, making this a smart choice for your Amazon business.
Accounting software that didn’t make our list for Amazon sellers
NerdWallet considered nearly a dozen accounting products when putting together this list of the best software for Amazon FBA sellers. A couple of the products that make our best accounting software list nearly made this roundup because they offer a super solid accounting solution. However, for reasons noted below, we don’t recommend them for Amazon sellers.
FreshBooks
Price
$21 per month for the Lite plan.
$38 per month for the Plus plan.
$65 per month for the Premium plan.
Custom pricing for the Select plan.
Why we considered it: FreshBooks routinely makes our lists of the best accounting software as an excellent solution for freelancers and self-employed individuals. We rate it 4.5 out of 5 stars for its affordability, pricing transparency, mobile app and inclusion of nearly all the standard and advanced accounting features needed to remain competitive with the top accounting products.
Why it didn’t make the cut: FreshBooks has a number of useful billing and accounting features, but it’s light on inventory management capability and requires use of a third-party product called Zapier to then integrate with Amazon Seller Central. This adds an additional layer of complexity as well as cost that can be avoided by choosing popular accounting software with its own direct integration with Amazon and other relevant e-commerce apps.
Odoo
Price
$0 per month for use of a single app.
$31.10 per user per month (or $24.90 per month billed annually) for access to all apps.
$46.80 per user per month (or $37.40 per month billed annually) for access to all apps across multiple companies plus Odoo’s external API.
Why we considered it: Odoo offers a full suite of business software applications that have been designed from the ground up to integrate seamlessly with one another. And because Odoo is built on open-source software, a community of developers is continually rolling out improvements to existing Odoo apps as well as all new software. Its pricing structure allows for use of a single one of its dozens of apps for free. If you want to use more than one app, one monthly payment will grant you access to Odoo’s full library of apps.
Why it didn’t make the cut: While Odoo does have an Amazon Connector app to sync your seller data with your Odoo apps (including accounting, sales, inventory and others), it requires purchase of a base integration module plus the connector module, which together total over $300. Setup of these modules is involved and may require developer skills. And for all the cost and configuration effort involved, much of the data syncing across Amazon and Odoo’s appears to be manual. Amazon sellers who aren’t already well-versed in code, open-source software and APIs would be better off with out-of-the-box accounting solutions like QuickBooks and Xero that use direct integrations with third-party software to seamlessly sync with their Amazon store.