The mapping feature in taxomate allows you to match your Amazon transaction types (e.g., commission and selling fees, warehouse and storage fees, etc.) to the Chart of Accounts in your account system.

Your Chart of Accounts is one of the most important features of your accounting software. It is a list of assets, liability, equity, income, and expense accounts to which you assign your transactions. This is necessary to run reports in your accounting system and keeping proper books and records.

taxomate automatically groups individual transaction lines from your Amazon settlement data to larger categories linked to your Chart of Accounts.

You can also map each transaction category to a sales tax code. This is helpful if you are using taxomate to calculate VAT.

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