Feature update: FreeAgent's new Amazon integration is on its way

In November, FreeAgent will be launching a brand new integration with Amazon that allows clients with an Amazon UK Marketplace account to connect directly to FreeAgent. It'll be free of charge until 30th April 2024, then £6/month for up to 6,000 orders per month.

This user-friendly solution offers a comprehensive package, seamlessly integrating with the e-commerce giant to streamline financial management.

Key Features:

1. Automated Data Import: FreeAgent facilitates the automatic import of transaction data from Amazon, minimising the manual effort required for data entry and ensuring data accuracy.

2. Tax Management Support: The software provides support for Self Assessment and VAT filing, simplifying the process of managing tax obligations for Amazon sellers.

3. Cashflow Analysis: FreeAgent offers insights and reports to assist sellers in understanding and managing their cashflow effectively.

4. Limited-Time Free Trial: Amazon UK sellers have the opportunity to use FreeAgent at no cost until April 30, 2024, allowing them to explore the software's capabilities without financial commitment.

5. Pricing Structure: Post the trial period, FreeAgent is available at a cost of £6 per month (+VAT), offering transparent pricing with specified terms and conditions.

Tailored Integration for Amazon UK Sellers:

Recognising the specific requirements of Amazon UK sellers, FreeAgent has developed an integration designed to simplify processes and improve efficiency. This integration establishes a seamless connection between Amazon UK and FreeAgent accounts, facilitating the flow of transaction data.

Key Integration Features:

1. Automatic Categorisation: Sales income and Amazon fees are automatically categorised within FreeAgent, eliminating the need for manual classification.

2. In-House Integration: The integration is developed in-house and operates directly within FreeAgent, requiring no additional software.

3. Uniform Pricing: FreeAgent offers a straightforward pricing model, charging a single price regardless of data volume, distinguishing it from third-party alternatives.

Efficiency Gains:

The FreeAgent integration seeks to reduce the time spent on administrative tasks by automating the import of Amazon sales and associated fees. This automation is positioned to save sellers valuable hours each month, allowing them to focus on core business activities.

In summary, FreeAgent's integration for Amazon UK sellers provides a functional solution for streamlining accounting processes. Its focus on automation, tax management, and transparent pricing caters to the specific needs of online retailers, aiming to enhance operational efficiency and financial clarity for businesses operating on the Amazon platform.