Accurate financial data forms the foundation of every successful business. Yet Amazon doesn't include the financial data sellers need. While you can see basic sales figures, you can't access the detailed transaction breakdowns required for accounting and tax compliance.

This creates a major problem when you need to reconcile Amazon sales with your accounting system. Handling refunds, returns, and marketplace fees becomes a time-consuming task prone to errors.

Good sales report software bridges this gap. We tested the top solutions on the market and selected seven options that meet different business needs, from basic reporting to complete accounting automation.

‍Link My Books offers a complete solution that extracts and sorts all Amazon transaction data into your accounting software with 100% accuracy. This automation saves sellers hours each week when dealing with financial records.

Key Takeaways from this Post

Standard Amazon reports lack the transaction details you need for accurate accounting and tax compliance

Link My Books with Xero or QuickBooks automates the match of all Amazon transactions, even complex refunds and returns

Multi-channel sales need better tools - The best solutions merge financial data from Amazon and other marketplaces into one accounting system

7 Best Amazon Sales Report Software

1. Xero with Link My Books - Best for Error-Free Accounting

Xero is a cloud-based accounting software designed to simplify financial management for small and medium-sized businesses. While its user-friendly interface and robust accounting tools make it a great choice for Amazon sellers and bookkeepers, it lacks built-in e-commerce automation, which is where Link My Books comes in.

Xero Features – Built for Simplicity and Accuracy

Easy Bank Matching: Automatically matches Amazon payouts with bank transactions, reducing manual reconciliation.
VAT Compliance: Enables UK VAT returns directly from Xero, while Link My Books ensures accurate tax rates for all Amazon sales.
App Integration: Connects with over 1,000 apps, including inventory management, cash flow forecasting, and payroll tools.
Educational Support: Offers lessons, videos, and online classes to help sellers and accountants maximize their accounting skills.
Certifications: Users can complete training and earn Xero certifications to manage payroll and advanced accounting tasks.

While Xero provides core accounting functions, it’s not optimized for e-commerce sellers managing complex transactions across multiple sales channels.

Xero’s Limitations for Amazon Sellers

Manual Data Entry: Uploading sales, refunds, fees, and taxes manually is time-consuming and error-prone.
Complex Transactions: Amazon’s multiple fees, tax structures, and refunds require detailed reconciliation.
Slow Bank Reconciliations: Matching deposits with sales data without automation can take hours each month.
Lack of E-commerce-Specific Features: Xero does not automatically calculate Amazon fees or tax breakdowns.

Xero + Link My Books = Error-Free Amazon Accounting

Amazon accounting isn’t simple, handling VAT, refunds, fees, and multi-channel sales manually in Xero can lead to errors and wasted time.

Link My Books is designed to streamline and enhance your financial management.

How Link My Books Solves These Problems

Automates Amazon Bookkeeping: Pulls sales, refunds, fees, and taxes directly from Amazon into Xero with 100 percent accuracy.
Eliminates VAT Overpayments: Applies correct VAT rates automatically, ensuring compliance with UK and EU tax laws.
Reduces Bookkeeping Time to Minutes: Cuts manual accounting work from hours to just 10 minutes per month.
Financial Analytics & Benchmarking: Provides insights into profitability, cash flow, and industry benchmarks to help sellers grow.

The integration is easy to set up and you can try it out for free.

Plus it provides you with financial analytics and industry benchmarking to help you make smarter decisions on how to grow your business profitably.

If you’re an Amazon seller using Xero, Link My Books is the missing piece, automating sales reporting, ensuring tax compliance, and saving you valuable time.

2. QuickBooks with Link My Books - Best for Advanced Analytics Reporting

QuickBooks Online is a cloud-based accounting software trusted by millions of businesses worldwide. It provides real-time sales updates and status alerts, helping Amazon sellers stay on top of their finances. However, while QuickBooks offers powerful accounting tools, it lacks specialized e-commerce features, which is where Link My Books comes in.

Key QuickBooks Features

Simplified Self-Assessment: QuickBooks streamlines the process of preparing self-assessment tax returns, reducing complexity for sellers.
HMRC Compliance: Fully compliant with UK tax regulations, including a built-in VAT error checker to help avoid tax mistakes.
Cash Flow Monitoring: Provides a clear view of cash flow, making it easier to manage finances and plan for growth.
Sales Forecasting: Generates detailed sales forecasts to help sellers anticipate seasonal trends and make data-driven decisions.
Customizable Class Tracking: Lets sellers categorize and track income and expenses by marketplace or sales channel. When integrated with Link My Books, transactions are automatically assigned to the right category, enhancing Profit & Loss (P&L) reporting.

While QuickBooks does offer an integration called Amazon Connector, this integration offers basic automation features like syncing sales and stock levels, but it lacks several critical functions that Amazon sellers need for accurate financial reporting and tax compliance. Here’s what Link My Books does that the Amazon Connector doesn’t:

| **Feature** | **Amazon Connector by QuickBooks** | **Link My Books** | |:---:|:---:|:---:| | Breaks down Amazon fees, refunds, and tax components | ❌ No – Only syncs sales and payouts | ✅ Yes – Automatically categorizes sales, refunds, fees, and tax | | Correct VAT & tax compliance (UK VAT, EU OSS, Marketplace Facilitator tax rules) | ❌ No – Does not apply correct tax rates | ✅ Yes – Applies correct VAT & tax rates for compliance | | Full reconciliation of Amazon payouts | ❌ No – Only creates a deposit entry | ✅ Yes – Breaks down payouts into individual transactions for full reconciliation | | Advanced profitability & cost analysis | ❌ No – Lacks cost breakdown and profitability tracking | ✅ Yes – Provides profitability tracking, COGS, and multi-channel insights | | Multi-channel accounting (Amazon, eBay, Shopify, Walmart, etc.) | ❌ No – Amazon only | ✅ Yes – Supports multiple sales channels beyond Amazon | | Specialized e-commerce support from accountants | ❌ No – General QuickBooks support only | ✅ Yes – UK-based support from e-commerce accountants |

Amazon Connector by QuickBooks is a basic syncing tool but lacks crucial accounting automation, tax compliance, and payout reconciliation features that Amazon sellers need. Link My Books provides full automation, accurate tax handling, and detailed financial insights, making it the superior solution for Amazon sellers using QuickBooks.

QuickBooks + Link My Books = Advanced Reporting for Amazon Sellers

Amazon sellers deal with complex tax rules, multiple fees, and high transaction volumes that QuickBooks alone is not designed to handle.

How Link My Books Enhances QuickBooks for Amazon Sellers

Automates Amazon Sales Imports: Syncs sales, refunds, fees, and taxes directly from Amazon into QuickBooks with 100 percent accuracy.
Accurate Tax Handling: Applies correct VAT rates, ensuring compliance with UK VAT, EU OSS, and other tax regulations.
Advanced Financial Reporting: Provides deep insights into sales trends, profitability, and expenses, helping sellers optimize their financial strategy.
Effortless Reconciliation: Matches Amazon payouts to QuickBooks bank transactions automatically, eliminating manual data entry.

QuickBooks is a powerful accounting tool, but Link My Books makes it a game-changer for Amazon sellers, providing automation, tax accuracy, and advanced reporting to help businesses grow efficiently.

Setting up Link My Books with QuickBooks is quick and straightforward, and you can try it out for free, no credit card needed.

3. Dext Commerce – Best for Accountants Handling E-Commerce Clients

Dext Commerce is a specialized tool for accountants and bookkeepers managing multiple e-commerce clients across various platforms. It streamlines data collection, tax compliance, and transaction categorization, making financial reporting easier for professionals handling large volumes of e-commerce transactions.

Key Features & Benefits:

Multi-Marketplace Support: Works with Amazon, eBay, Shopify, and other major e-commerce platforms, allowing accountants to consolidate client data in one place.
Advanced Tax Compliance: Ensures accurate VAT and sales tax reporting across different regions, reducing compliance risks for accountants managing international sellers.
AI-Powered Transaction Categorization: Uses machine learning to automatically classify transactions, reducing human error and speeding up reconciliation.

Dext Commerce is ideal for accountants, bookkeepers, and financial professionals managing e-commerce sellers who use multiple sales channels.

4. Taxomate – Best for Budget-Friendly Amazon Sales Reporting

Taxomate is an affordable bookkeeping solution tailored for Amazon sellers who need basic automation without a high price tag. It connects Amazon with QuickBooks and Xero to simplify bookkeeping and tax reporting.

Key Features & Benefits:

QuickBooks & Xero Integration: Sends Amazon sales data directly to accounting software for streamlined financial management.
Automated Sales Reconciliation: Matches Amazon payouts with sales, refunds, and fees to ensure accurate accounting.
Simple Pricing Structure: Offers a low-cost solution compared to competitors, making it ideal for smaller Amazon sellers who don’t need complex analytics.

Amazon sellers looking for a basic, cost-effective alternative to Link My Books who only need simple reconciliation and sales tracking without advanced tax compliance tools.

5. Synder – Best for Sellers Needing Detailed Transaction History and Multi-Currency Support

Synder is a comprehensive financial automation tool that integrates Amazon, PayPal, Stripe, and other payment gateways with QuickBooks and Xero. It’s best for sellers who need detailed transaction history and real-time multi-currency support.

Key Features & Benefits:

Multi-Platform Integration: Syncs financial data from Amazon, PayPal, Stripe, and other sources into QuickBooks/Xero.
AI-Driven Financial Categorization: Uses machine learning to automatically classify transactions for accurate bookkeeping.
Multi-Currency Conversion Support: Handles cross-border transactions, applying real-time exchange rates for accurate financial reporting.

It’s good for E-commerce sellers who operate internationally, handle high transaction volumes, and require detailed historical financial tracking across multiple payment processors.

6. ConnectBooks – Best for QuickBooks Users Focusing on Inventory and Cost Tracking

ConnectBooks is a QuickBooks-focused accounting automation tool that helps sellers track inventory, costs, and profit margins across multiple sales channels.

Key Features & Benefits:

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Detailed Profit & Loss Reporting: Provides breakdowns of revenue, expenses, and net profits by sales channel.
Multi-Channel Accounting Integration: Syncs financial data from Amazon, eBay, and other platforms into QuickBooks.
Cloud-Based Bookkeeping Automation: Ensures real-time updates and accurate inventory tracking.

Suitable for Amazon sellers using QuickBooks who need inventory tracking and cost analysis tools to monitor profitability and expenses in real-time.

7. Parex Tech – Best for Cost-Effective Amazon Reporting

Parex Tech is a budget-friendly alternative for Amazon sellers who need basic sales reporting and transaction breakdowns without extra features.

Key Features & Benefits:

Integration with Multiple Marketplaces: Supports Amazon, eBay, Shopify, and other platforms for consolidated financial tracking.
Detailed Transaction Breakdowns: Categorizes sales, fees, and refunds for accurate financial reporting.
Budget-Friendly Pricing: More affordable than competitors, making it an accessible solution for smaller sellers.

Great for Amazon sellers who prioritize affordability over advanced features, needing only basic transaction tracking and integration with QuickBooks or Xero.

How to Choose the Best Amazon Sales & Analytics Reporting Software

Selecting the right Amazon sales and analytics reporting software depends on your business size, accounting needs, and automation preferences. Here are the key factors to consider when choosing the best solution for your business.

Sales Channel & Marketplace Integration

If you sell on multiple platforms, you need a tool that can handle Amazon, eBay, Shopify, Walmart, and other sales channels in one place. Some software options only support Amazon, while others provide multi-channel reconciliation.

Best for Amazon-Only Sellers: Taxomate, Amazon Connector by QuickBooks
Best for Multi-Channel Sellers: Link My Books, Dext Commerce, Synder

Accounting Software Compatibility

Ensure the software integrates seamlessly with Xero or QuickBooks to simplify bookkeeping and tax reporting.

Best for QuickBooks Users: QuickBooks with Link My Books, ConnectBooks, Synder
Best for Xero Users: Xero with Link My Books, Reconcile.ly

Automation & Time-Saving Features

Manual data entry leads to errors and wasted time. A good reporting tool should automate sales reconciliation, fee categorization, and tax calculations.

Best for Full Automation: Link My Books, Synder
Best for Basic Automation: Taxomate, Parex Tech

Tax Compliance & VAT Handling

Amazon sellers operating in the UK, EU, or global markets need software that automatically applies correct VAT or sales tax rates and ensures compliance.

Best for VAT Compliance: Link My Books, Dext Commerce, Synder
Best for Basic Tax Support: QuickBooks with Amazon Connector, Taxomate

Profitability Tracking & Financial Insights

If you want to analyze profitability, cost of goods sold (COGS), and trends, choose software with detailed P&L reports and financial analytics.

Best for Advanced Financial Insights: QuickBooks with Link My Books, Synder, ConnectBooks
Best for Basic Reporting: Taxomate, Parex Tech

Multi-Currency & International Support

For sellers operating in multiple regions with different currencies, you’ll need a solution that supports real-time currency conversion and tax handling.

Best for Multi-Currency Support: Synder, Link My Books
Best for US & UK Sellers Only: Taxomate, Amazon Connector by QuickBooks

Cost & Pricing Structure

Some tools charge a flat monthly fee, while others have scalable pricing based on order volume. Budget-conscious sellers should prioritize affordable options that still provide key automation features.

Best for Budget-Friendly Reporting: Taxomate, Parex Tech
Best for Feature-Packed Value: Link My Books, ConnectBooks

Customer Support & Expert Guidance

Accounting mistakes can be costly. Choose software that offers dedicated customer support, especially from accountants familiar with Amazon bookkeeping.

Best for Dedicated Accounting Support: Link My Books, Dext Commerce
Best for General Support: QuickBooks with Amazon Connector, Parex Tech

Which Amazon Sales Report Software is Best for You?

If you want full automation and accurate VAT handling, Link My Books is the best choice.
If you sell on multiple platforms, consider Dext Commerce or Synder.
If you prioritize affordability, Taxomate or Parex Tech may be suitable.
If you need inventory and cost tracking, ConnectBooks is best.

Here’s a quick comparison of their features:

Selecting the right Amazon reporting tool depends on your business size, tax obligations, and preferred level of automation. Compare features carefully to find the best fit for your needs.

Why Sellers Choose Link My Books for Amazon Accounting

Amazon sellers face time-consuming reconciliations, complex tax rules, and scattered financial data. Link My Books solves these challenges by automating sales reporting, tax calculations, and payout reconciliation. Here’s why sellers prefer it over other tools:

Seamless Integration: Syncs with Amazon, Xero, and QuickBooks, eliminating manual data entry.
Accurate VAT & Tax Compliance: Ensures correct UK VAT, EU OSS, and sales tax calculations, preventing overpayments.
Full Payout Reconciliation: Breaks down sales, refunds, fees, and taxes for accurate financial tracking.
Multi-Channel Accounting: Supports Amazon, eBay, Shopify, Walmart, and more for sellers using multiple platforms.
Time-Saving Automation: Cuts bookkeeping time down to 10 minutes per month instead of hours.
Expert Support: UK-based accountants provide specialized e-commerce bookkeeping guidance.

But Link My Books doesn’t stop there, it gives you even deeper insight into how your business is growing with:

Cost of Goods Sold (COGS) Tracking

Tracking your Cost of Goods Sold on Amazon (COGS) is vital for understanding your profit margins. Link My Books ensures that COGS is accurately recorded, helping you get a clear picture of your true costs and how they impact your bottom line. By keeping a close eye on COGS, you can make smarter pricing decisions and improve your overall profitability.

Real-Time Reporting and Analytics

Link My Books gives you access to real-time financial reports and analytics, tailored for eCommerce businesses. You'll get insights into your profitability, sales performance, Amazon account level reserve, and cash flow, helping you make informed decisions.

Benchmarking

Gain industry insights from anonymous data on key metrics like sales growth, refund ratios, and fee ratios. Link My Books focuses on percentage changes and trends rather than exact numbers, helping you see if your business is following broader market trends or experiencing unique changes.

For Amazon sellers who want error-free accounting, accurate tax reporting, and powerful financial insights, Link My Books is the top choice.

FAQ on Amazon Sales & Analytics Tools

Which Key Metrics Should I Track in My Amazon Sales Reports?

To make informed business decisions, sellers should track:

Total Sales Revenue: Understand overall earnings and growth trends.
Amazon Fees & Commissions: Know how much Amazon is taking from your sales.
Refund & Return Rates: Identify trends that may indicate product issues.
Profit Margins & COGS: Measure net profitability after expenses.
Tax & VAT Liabilities: Ensure compliance and prevent overpayments.

A tool like Link My Books automatically compiles these metrics into clear, actionable reports.

How Does Accurate Amazon Sales Reporting Improve Profitability?

Accurate financial data helps sellers:

Reduce Tax Overpayments: Ensures correct VAT/sales tax application per transaction.
Optimize Pricing & Profit Margins: Tracks COGS and Amazon fees to maintain profitability.
Streamline Cash Flow Management: Provides clear insights into revenue, expenses, and upcoming tax liabilities.
Save Time on Bookkeeping: Eliminates manual entry, reducing labor costs and human errors.

Without accurate reporting, sellers risk financial mismanagement, tax errors, and wasted time, all of which can hurt profitability.

Can I Automate My Amazon Reporting and Analytics with Link My Books?

Yes, Link My Books automates:

Sales Data Importing: Pulls data directly from Amazon and syncs with Xero or QuickBooks.
Transaction Categorization: Organizes sales, refunds, fees, and taxes for accurate accounting.
Tax & VAT Compliance: Applies correct tax rates and ensures compliance with UK VAT and global tax laws.
Payout Reconciliation: Matches Amazon deposits with bank transactions for a fully balanced ledger.

What’s the Best Amazon Sales Analytics Software for Multiple Marketplaces?

For sellers operating across Amazon, eBay, Shopify, Walmart, and TikTok Shop, the best choices are:

Link My Books: Best for automated bookkeeping and tax compliance.
Dext Commerce: Best for accountants managing multiple e-commerce clients.
Synder: Best for multi-currency sellers needing detailed transaction history.
ConnectBooks: Best for inventory and cost tracking within QuickBooks.

Link My Books is the best choice for multi-marketplace sellers needing a simple, automated, and tax-compliant accounting solution.

Streamline Your Amazon Bookkeeping with Link My Books

Managing Amazon sales reports manually is time-consuming, complex, and error-prone. Sellers struggle with:

Reconciling sales, fees, and refunds
VAT compliance across multiple regions
Balancing Amazon payouts with bank deposits

We explored multiple Amazon reporting solutions, but Link My Books stands out as the best option for:

✅ Amazon sellers needing full automation and tax compliance
✅ Multi-channel sellers using QuickBooks or Xero
✅ Growing businesses that require advanced profitability tracking

If you’re tired of manual bookkeeping, tax errors, and wasted time, it’s time to switch to Link My Books.

🚀 Start Your Free Trial of Link My Books Today!

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