Sales by Channel
Each sale is recorded against its channel: your website or each marketplace.
Online sellers and marketplaces
Accounting for Online Sellers
You sell through your own website and on marketplaces, with stock in your own warehouse and in marketplace fulfilment centres.
Sound familiar?
What Gets in the Way Today
We hear the same problems from online sellers across the UAE.
- Sales come from several channels, and payouts arrive net of commissions and fees, so revenue and fees are hard to separate.
- Stock is split between your warehouse and marketplace warehouses, and the counts drift apart.
- VAT on sales and on platform fees is worked out in spreadsheets.
- You do not know which channel is profitable.
How TaxMate solves it
Built Around How You Work
Fees Kept Separate
Marketplace commissions and fees are recorded as expenses, so gross sales, fees and payout are each visible.
Fulfilment Centres as Warehouses
Each fulfilment centre is its own warehouse, and stock sent there is recorded as a transfer.
VAT on Sales and Fees
VAT is applied to every sale and fee bill, including the reverse charge on fees from platforms outside the UAE.
Profit by Channel
Sales and margin reports run by channel, so you know where to grow.
Payouts Reconciled
Each marketplace payout is matched in bank reconciliation against the sales and fees it covers.
What You Get
- Clear revenue, fees and payout for each channel
- One stock view across your own and marketplace warehouses
- VAT worked out in the system, not in spreadsheets
- Profit by channel, so you know where to grow
Features used: Sales by channel · Expense recording · Multi-warehouse stock · Stock transfers · VAT on sales and purchases · Reverse charge · Bank reconciliation · Channel reports
FAQ
Common Questions
Do my sales to UAE customers carry VAT?
Yes, at 5%, and prices shown to consumers must include the VAT.
Do I need e-invoicing if I sell to consumers?
The first phase covers invoices to businesses and government. If some of your customers are businesses, those invoices must be e-invoices from your go-live date.
Can I reconcile a marketplace payout?
Yes. The payout is matched to the sales and the fee bill it covers, so any difference shows up straight away.
Related Industries
Supermarkets and grocery storesEvery supplier bill captured, expiry dates flagged, outlet stock that matches and VAT returns checked.Auto spare parts tradingThousands of part numbers, three locations, landed cost and garages on credit.Restaurants and cafésFood cost during the month, no duplicate supplier bills and stock that matches the kitchen.
See all industriesBe E-Invoicing Ready Before Your Deadline, Not on It
See TaxMate with your own invoices in a 30-minute demo.