In the realm of e-commerce, bookkeeping can be a daunting task, especially when you have multiple accounts and sales across multiple channels, to manage.
This is where accounting automation software like A2X, Taxomate, and Link My Books come in. These platforms aim to simplify, streamline, and automate your financial management process, giving you more time to focus on growing your business.
But how do they stack up against each other? Let's find out.
Key Takeaways from this Post
A2X vs Taxomate vs Link My Books at a Glance
When it comes to bookkeeping software, the right solution often depends on your specific needs. A2X, Taxomate, and Link My Books all offer advanced features designed to make e-commerce bookkeeping easier.
A2X can be a little on the pricey side for most sellers although it does currently have the greatest number of sales channel integrations. Taxomate on the other hand is a cheaper alternative but lacks some of the sales channel integrations like Etsy.
Link My Books prides itself on its seamless integration with all the most popular sales channels, making it a versatile choice for online retailers, whilst maintaining a great value proposition!
TL;DR - Why Choose Link My Books?
Link My Books stands out for its seamless integration with popular sales channels and is one of the most widely trusted third party solutions for Xero and QuickBooks Online. It lets you automate manual work, simplify tax and VAT accounting, and offers an intuitive, user-friendly interface.
It's a comprehensive solution designed to make accurate ecommerce accounting as effortless as possible. You won't need any fancy developer tools or a degree in accounting to get set up!
A2X is designed to automate your e-commerce financials. It connects your sales channels to your accounting software, making it easier to manage your finances in one place.
Core features of A2X
Automated Accounting: A2X automates the accounting of sales, fees, and fixed costs, reducing manual data entry and minimizing errors.
Multi-channel Support: A2X supports multiple sales channels, including Amazon, Shopify, eBay, Etsy, Walmart and BigCommerce.
Accurate Financial Reporting: A2X focuses on providing accurate and comprehensive financial reports with detailed information to help you make informed business decisions.
Positives of A2X
Accurate Reporting: A2X's strong focus on accurate product data makes it a reliable online tool for financial decision-making.
Automated Accounting: A2X's automated accounting reduces manual data entry, saving time and minimising errors.
What could be better in A2X
Ease of Use: A2X's interface can be challenging for non-accountants to navigate.
Price: A2X's pricing means that it is not one of the most affordable platforms.
Taxomate is designed to automate your financial management process. Its aim is to make bookkeeping operations management as easy as possible for small to mid-sized businesses.
Core Features of Taxomate
Automated Accounting: Taxomate simplifies accounting by automating sales, fees, and fixed costs, minimizing manual data entry and reducing errors.
Data: Taxomate has a couple of features that aim to display your business’ data in a consumable format so you can visualise your financials and keep track over each quarter.
Dashboard: Taxomate aims to make the accounting process more manageable for business owners by having a central dashboard that meets your needs.
Positives of Taxomate
Taxomate is cheaper than A2X and users reported enjoying being able to pull out simple reports from Xero or Quickbooks online.
What could be better in Taxomate
Taxomate's limited integration and lack of comprehensive financial reporting might pose a challenge for businesses looking for broader functionality and deeper insights.
Users have also reported that the mapping is unclear and that there is a steep learning curve when getting started.
Link My Books Overview
Unlike A2X and Taxomate, Link My Books is designed with the multi-channel e-commerce seller in mind. Our powerful, native multi market capability and easy setup makes it a versatile solution for your business.
We are one of the best turnkey solutions available to help automate your e-commerce bookkeeping that you can set up without any hassle.
Core Features of Link My Books
Automated Bookkeeping: Link My Books auto-fetches all necessary data to accurately account for sales, refunds, fees, and taxes from your e-commerce seller account.
Easy Grouping of Sales: The software enables easy grouping of sales by the destination country, simplifying sales tax, and VAT accounting based on each country's distinct tax rules.
Seamless Integration: Link My Books integrates with major sales channels and accounting software, providing a versatile solution for simplifying e-commerce bookkeeping! We’re also constantly bringing new integrations to market, with Walmart and TikTok Shop just around the corner as of the writing of this post.
Link My Books Pricing
Positives of Link My Books
Seamless Integration: Link My Books has a significant edge over its competitors because of its seamless integration with various ecommerce & accounting favourites like Xero and QuickBooks Online.
Automated Bookkeeping: Our software shines in its ability to automate tedious bookkeeping tasks, saving business owners valuable time and reducing the risk of errors which leads to Tax savings!
User-Friendly Interface: We made sure Link My Books is easily navigated even for those who are not tech-savvy, making the setup process straightforward.
One Click Reconciliation: There is no scary, mega, huge, complicated process. Just One Click. Trust us, it's so satisfying.
What sets Link My Books apart? Easy to use with an epic support team made up of accountants!
Link My Books shines with affordable pricing, user-friendly interface, and top-notch customer support. Its robust workflow automation eliminates manual data entry, saving time. Versatile across multiple sales channels, it simplifies sales management.
Our dedicated customer support ensures a seamless user experience and will be ready to help whenever you need it.
The Best Accounting Software Solution for E-commerce Sellers?
Embracing the benefits of a tool like Link My Books can significantly alleviate the stress of managing finances, save time, and propel your e-commerce business to new heights. Redefine your entire business accounting experience with Link My Books today and start your journey towards worry-free bookkeeping!
Ready to Elevate Your E-Commerce Accounting Systems?
Don't hesitate—register for our FREE trial today and set out on a path to worry-free financial management. Explore more and unleash your ultimate bookkeeping prowess with Link My Books. Click the button below to get started!
Link My Books saves me time, money, and the stress of ensuring everything is correctly posted in Xero. It's extremely satisfying.”
Neil N, Amazon, eBay
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