Taxomate now supports sending split Amazon settlements separately when a settlement period spans across two different months.
This feature is especially useful for VAT filers who need to send transactions for a completed month without waiting for the next month’s VAT report to be ready.
Why This is Helpful
Faster VAT Reporting – Send the completed month’s portion of a settlement immediately for accounting and VAT filing.
Avoid Delays – No need to hold off on sending transactions just because the settlement overlaps into the next month.
Accurate Monthly Books – Keep financial records aligned with your VAT reporting periods.
How It Works
When you open a settlement in Taxomate that spans two months, you will now see an option to send each month’s transactions separately.
Example:
Settlement Period: Jan 25 – Feb 7
You can send:
January portion right away (for VAT submission)
February portion later, once that month’s VAT data is ready
Steps to Send a Split Settlement
Go to Settlements in your Taxomate dashboard.
Open an Amazon settlement that spans more than one month.
Click the Send Split Settlement button.
Choose which month’s portion you’d like to send now.
Send the remaining month’s portion later when ready.