Good news: New data simplification tools for 16 platforms including Amazon and Shopify are here!

Accounting software provider Dext has launched a new digital sales product, “Dext Commerce ,” following its acquisition of Greenback .

Dext Commerce simplifies the collection and sorting of sales data from 16 e-commerce , POS , and payment platforms , including Amazon, PayPal , Shopify , and Stripe .

Currently, its key features include: ensuring that customers report and pay the correct sales tax no matter where they sell; providing a line-by-line listing of sales, expenses, refunds and reimbursement data through a single subscription; and providing a line-by-line digital record of sales transactions so that customers can comply with new data regulations such as the UK's " Digitalization of Taxation " .

According to Dext , Dext Commerce simplifies sales data and tax calculation methods in multiple countries , greatly facilitating accountants and bookkeepers and solving the huge problem of manually acquiring and integrating sales data in different formats from multiple commercial and payment platforms .

It also integrates with Xero and Quickbooks Online , enabling accountants and bookkeepers to accurately submit e-commerce revenue to the largest accounting platforms.

In order to better understand this product, we consulted the official websites of Greenback , Xero and Quickbooks Online , which are closely related to it. According to the introduction of Greenback's official website, Greenback can automatically obtain sales and transaction information from leading retailers, payment platforms and sellers' markets ; Xero's official website states that its accounting software is designed for small businesses and can realize automated management and work anytime and anywhere ; Quickbooks Online's official website states that it is a smart and simple online accounting software suitable for small businesses , which can track expenses, customize invoices, run reports, etc.

From this point of view, Dext 's combination of third-party software to launch Dext Commerce is indeed exciting.

Adrian Blair, CEO of Dext , said : " Millions of businesses now sell through e-commerce platforms such as Amazon and Shopify . Dext Commerce enables accountants and bookkeepers to assist customers with e-commerce sales with greater efficiency . Dext Commerce solves two key pain points for e-commerce sellers : one is to obtain standardized data line by line from multiple sources; the other is to ensure that e-commerce sellers accurately calculate the taxes they need to pay in different markets. "

Starting from September 1 , Dext Commerce will be put into use in multiple regions around the world.

Shopify

Independent website

operations

Amazon Platform