Welcome to Archimedia, specialist accountants for eBay sellers
Running an eBay store should be fun and rewarding, but dealing with taxes and paperwork? Not so much. That’s why you’re here, right? If you’re looking for an eBay accountant who does more than just the basics and actually knows how to turn eBay sales challenges into unique opportunities for tax savings, then you’re in the right place.
At Archimedia, we are clued up on eBay marketplace tax and accounting. Our specialist eBay accountants have plenty of experience in the eCommerce sector, working with eBay sellers and other online businesses to help them reach a place of financial peace.
Contact Archimedia today to learn more about our eBay accountancy services.
Do I need an accountant for eBay?
There’s always the option of doing your own eBay accounts, but if you’ve landed on this page, then the likelihood is you’ve been there and tried it.
Handling your own eBay accounting isn’t easy, especially when you’ve got orders to pack, listings to write and inventory to count. That’s why our eBay accounting service exists to help take the weight off your shoulders.
Our eBay accountants will handle the tax and accounting and provide support with your eBay business operations, too. From finding the perfect software to speed up inventory management and sales tracking to helping you save enough tax, we’ll ensure you are happy with your eBay store.
Our eBay accounting services
Selling on eBay is far different from your traditional brick-and-mortar shop, and your accounting needs differ, too. At Archimedia, our eBay accounting services are designed with you in mind. We’re here to help you save time, reduce costs and keep your eBay store running smoothly.
Take a look at some of our specialist eBay accounting services:
eBay inventory management and tracking
Proper inventory management is crucial for keeping your cash flowing. Our eBay accountants put systems in place to effectively track and categorise your inventory with little hassle. You’ll have precise knowledge of what stock is available and can easily see what’s holding back your profits, like excess or slow-moving stock.
Bookkeeping services
We always stress the importance of bookkeeping. It is the starting point for good accounting. However, when you’re dealing with a wave of customer orders, it can be tricky to keep up.
Our bookkeeping services for eBay businesses ensure that you track absolutely everything, including the items you sell, prices, payment methods, returns and refunds, eBay fees and any expenses you incur while running your business.
eBay tax liabilities
With HMRC cracking down on online sellers, it’s understandable if you’re feeling the stress. We’re trying to ease the pressure by making sure your taxes are perfectly sound. Our tax services for eBay sellers cover it all – Self-Assessment tax returns, VAT compliance, Making Tax Digital and more.
We also offer regular tax planning sessions with our co-founder and Head of Tax, Barbara. Many of our happy clients find these sessions extremely useful, saving their business money and even examining their personal finances more deeply. We are advocates for long-term financial stability, after all.
“Barbara has SO much experience in the tax game that she reviewed our previous year’s PT submissions and was able to save us thousands on things our previous accountants didn’t process.”
– Anna (Founder of Priya & Peanut)
Integration of accounting software for eBay
As an eBay seller, it’s important to move with the times and embrace modern technology.
We’re certified Xero accountants. We use Xero cloud accounting software for many of our services, including eBay accounting. It makes running a small eCommerce business so much easier because you can see your figures wherever you are (with internet access), work with us through the platform and automate the time-consuming bookkeeping tasks.
However, if Xero isn’t for you, then our eBay accountants will give you that extra push and help you find the right accounting software that works with your eBay seller account. We’ll look at your sales data, budget and future plans to determine the right integration for your needs.
Choose Archimedia as your eBay business accountant
At Archimedia, we’re a family-run accountancy firm, and we understand the pressure of building a business from scratch. With us, though, you won’t be doing it alone. Whether you’re facing a daunting tax bill, messy invoices or confusing stock levels, we’ll find the perfect solution.
When you join Archimedia, you’ll become an extension of our happy family. We’ll ensure you get the exact attention and support you deserve to take your eBay goals to the next level.
Get in touch today to speak to one of our eBay seller accountants.
Frequently asked questions about our eBay accounting services
Do I need to tell HMRC if I sell on eBay?
If you’re a regular eBay seller, whether ‘just for fun’ or for full-time income, you could be expected to pay tax on your earnings. HMRC view regular online sales as a ‘trade’ and will likely expect you to record any additional income you make.
Unsure what this means for you? Check if you need to tell HMRC about your eBay earnings.
What accounting software integrates with eBay for bookkeeping?
Xero is an obvious choice for eBay bookkeeping due to its simplicity and easy-to-integrate features. We use Xero for many of our accounting services, so we can set you up in little to no time.
However, if you want to try something different, other software, including QuickBooks, Zoho Books, and FreshBooks, can also integrate with your eBay platform.
