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Shopify integration is now complete and out of beta! You can register and connect your Shopify account by using the following link and select "Add App".
https://apps.shopify.com/xero-taxomate
eBay integration is now complete for QuickBooks, Online, Wave, and Xero. To get started go to https://app.taxomate.com/sign-up
No longer are you required to use deposits with invoices. We now allow you to match a journal entry directly with your bank payment w/o using any deposit. This option is enabled by default and you can change back to using deposits by going to Settings > Invoices. You can also change the respective carried balances account in Settings > Connections when only using journal entries.
When you are using the invoices and the receive payment option in QuickBooks and you are sending a "negative" settlement for money you have paid, we now send along an expense. This makes it easier to match match to bank transactions.
We have made some updates to Amazon VCS features, adding the same mapping features we had for Sales/Refunds and included in them in the promotion, shipping income, and gift wrap categories.
When Amazon is not able to calculate a taxable jurisdiction for the order (e.g., not registered for VAT calculation service for the country) we add now add Shipped to XYZ country in the transaction type instead of the taxable jurisdiction. This country is the destination country in the Amazon transactions report.
We are excited to announce the beta release of our VAT Jurisdictional Tracking. If you are a UK/EU seller this feature will allow you to map account and accounting VAT codes based on the registrations you included in when signing up for VAT Calculation Service in Amazon.
You can now merge your VAT amounts back into the matching transaction amount. For example, the principle VAT (Amazon.co.uk Order ItemPrice Tax) is merged back into the principle sale amount (Amazon.co.uk Order ItemPrice Principal).
This makes it easier to assign QuickBooks or Xero VAT codes to transaction types. You will no longer have a remaining liability balance in the "Amazon Sales Tax Collected" account.
You can enable this setting in Settings > Invoice.
It is now easier than ever to map to transaction types to accounts and tax codes. By default, taxomate will now only display the transaction types present within your imported settlements. See more information here.
You can now create a new invoice customer from within the taxomate dropdown.
You can now record as "payment received" for invoices and credit memos for easier reconciliation with Amazon bank deposits in QuickBooks online. To enable go to Settings > Invoice.
Sales Tax Codes are now working properly again in QuickBooks after our new update.
If you are using QuickBooks or Xero multi-currency features, we can now import up to 18 months of conversion rates used by Amazon. This would apply if you are receiving Amazon disbursements in a currency different from the currency of the marketplace. For example, you are receiving Amazon.co.uk disbursements in USD.
Default Costs can now be set per country. To implement this setting go to Settings > Inventory and then set your Default Costs for each marketplace.
The following marketplaces are now available in beta. Head over to Settings > Connections to connect:
taxomate now supports Flat File (V1) manual uploads. On the settlements page scroll down to the bottom and select Manual Upload.