Amazon Seller Fees and Inventory

Question

Hi there,&nbsp;
The company has started selling products on Amazon.
They charge a monthly fee of $54.94
When you sell products, they then deduct the seller fee amount from the total they are sending you for the product purchase.
I record Inventory in MYOB so want to Invoice Amazon, and then receipt the payment.
How do I record the seller fees that have been deducted?
&nbsp;
Thanks!&nbsp;

doreen_p · Answer

Hi Schafer,
&nbsp;
Great to hear you've got things moving with Amazon! When it comes to recording the seller fees that have been deducted, it's best to have a quick chat with your accountant or financial advisor. They'll be able to guide you on the right way to record these. With specifics like this, you advisor's the go-to.
&nbsp;
Cheers,
Doreen

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Amazon Seller Fees and Inventory

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