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Cohort N° VI E-commerce & Digital
N° VI / VI · Cohort

E-commerce & Digital

Shopify, Amazon, Etsy, marketplace sellers.

Multi-currency accounts Amazon & Shopify integrations OSS / IOSS for EU Marketplace VAT rules
Overview Overview

The fastest-growing cohort and the most procedurally complex. Multi-currency accounting, Amazon settlement reconciliation, post-Brexit OSS / IOSS for EU sales, marketplace VAT collection rules. We use the platform integrations properly, so the books actually reflect the business.

Working Rhythm

The shape of a
year with us.

Monthly: marketplace settlement reconciliation (Amazon, Shopify, Stripe), multi-currency revaluation, VAT-scheme-correctness check. Quarterly: VAT under MTD with OSS / IOSS layered on top for EU sales. Annually: stock valuation properly closed, FBA inventory across jurisdictions reconciled, the corporation-tax return that finally reflects what the business actually did.

Pitfalls Where it goes wrong

The mistakes a
generalist misses.

Each is something we’ve seen multiple times in inherited engagements — and something we now check for as a matter of course.

  • N° 01

    Amazon settlement reports treated as revenue — they aren’t; they’re net of fees, refunds, and reserves, and the unwind matters for both VAT and CT.

  • N° 02

    OSS / IOSS thresholds crossed without registration — €10k EU-wide for distance sales, the moment your German customer count clears the line.

  • N° 03

    Marketplace VAT collected by Amazon / Etsy / eBay treated as your own VAT — it isn’t; it’s their liability under the deemed-supplier rules, and the return reflects that.

  • N° 04

    Stock held in multiple Amazon FBA warehouses across the EU triggering local VAT registrations — handled too late, with backdated penalty exposure.

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