The missing piece to complete your
e-commerce accounting stack

Ecominate offers a powerful suite of analytics, inventory management, and accounting tools to streamline your e-commerce operations. Our system works for small and large sellers and integrates with accounting systems like Xero and QuickBooks Online.

Integrate with your existing accounting system

Ecominate Integrates with Xero and QuickBooks Online

Ecominate is built to work with accounting systems like Xero and QuickBooks. Ecominate posts all of your sales data, cost of goods sold, and inventory adjustments as summarized journal entries right to your bookkeeping system.

Take full advantage of your accounting system

Ecominate offers all of the inventory tracking and data you need to make the most out of your accounting system.

Stress-free, perfectly balanced bookkeeping

Reconciled transaction summaries for Amazon settlement payouts

Marketplaces like Amazon typically pay their sellers twice per-month through a settlement payout. These payouts represent the leftover amount after all of the various fees and costs are subtracted by the marketplace. This lump sum payout sits on your bank statement but cannot be marked simply as income on your accounting ledger. This is where Ecominate comes in. Ecominate connects to your accounting system to create mappings that are used to match Amazon transaction types to your chart of accounts. Ecominate automatically creates a viewable transaction summary that matches perfectly to your bank feed and posts it to your ledger so you can effortlessly reconcile your payout bank statement.

No more manual uploads

Ecominate does the work for you. Our customers save hours every month by setting up a transaction mapping once and having automated settlement summaries flow into their accounting system.

Structured and balanced bookkeeping

Never worry about revenue numbers not matching bank deposits ever again. Ecominate has processed millions of transactions to create perfectly balanced summaries to allow you to get your numbers right.

Keep track of all of your inventory

Automatic FBA inventory reconciliation

Warehousing inventory in Amazon’s fulfillment network allows small businesses to scale, but with that comes the daunting task of inventory reconciliation. Amazon is notorious for losing track of inventory and inconsistently applying reimbursements for inventory that is no longer sellable. Ecominate handles inventory reconciliation for you. Ecominate processes dozens of reports to accurately track and account for inventory so that your inventory value truly reflects your sellable quantity. Ecominate makes sure that lost, returned, found, and numerous other one-off inventory adjustments are accounted for and accurately represented in your accounting system.

Save hours of time reconciling inventory

Handing your inventory to Amazon can feel like a black box since your inventory is kept throughout a vast network of warehouses with little transparency. Knowing how much inventory you have, while accounting for lost, damaged or otherwise unavailable inventory is time-intensive. Ecominate’s inventory valuation accounts for dozens of different inventory dispositions and reconciles against FBA month-end totals. This means your inventory valuation reflects the true value of your inventory.

Account for inventory discrepancies

Lost, damaged, and adjusted inventory should be reflected in your accounting system and accounted for using the FIFO method. Ecominate reconciles your inventory for you and adjusts your inventory value for all discrepancies that you may experience using FBA.

Effectively manage thousands of products across all of your channels

Link Products Together with Automated Master Product Mapping

Ecominate uses Master Products to link individual instances of a product on the various marketplaces where it is sold. This means that you are only responsible for assigning costs to one Master Product and those costs will be applied to every marketplace or sales channel where the product is sold. Assigning costs to Master Products reduces the overhead involved with keeping track of costs for all products and the individual marketplaces and sales channels where they are sold. Ecominate automatically detects and combines products for you using common identifiers like SKUs, ASINs, and Product IDs.

Reduce clutter

The Master Product model allows you to keep track of your inventory costs from a single location that performs average cost COGS calculations automatically, no matter how many marketplaces you sell on. You will no longer have to pass around and constantly update your unit cost spreadsheets.

Eliminate manual mistakes

Keeping track of unit costs across marketplaces is error prone if your finding yourself downloading various order reports to figure out how many units of a product was actually sold in total, not just on a single marketplace. The Master Products feature solves this issue by ensuring that only one cost is applied per SKU no matter the number of marketplaces or channels it is sold on.

Average Cost COGS Inventory Accounting

Accurate and Automated Cost of Goods Sold Calculations

Take the hassle out of inventory accounting. Simply plug in unit costs for each of your products and Ecominate will handle the rest. If your costs fluctuate regularly, you can also apply date ranges to your unit costs that accurately reflect cost changes.

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