Amazon Selling Throughout North America

When a person starts a business as an Amazon seller, it is exciting to consider the options of selling not only in the United States but in other countries as well. However, it may be too much of a leap to start your Amazon business doing sales in a wide range of countries. Luckily, Amazon offers sellers a program in which they can sell in just the United States, Canada, and Mexico. This opportunity is known as a North America Unified Account and allows sellers to have a greater consumer base while not becoming too overwhelmed.

Of course, once you begin selling your products in other countries, you will have to be aware of the currency conversions. However, to make it easy for sellers to have an international marketplace, Amazon offers an Amazon Currency Converter for Sellers, or ACCS. You link this up to your bank account and when you make a sale in another country, you will receive the payment in your local currency. It is important to know that in order to use this service, you must have a bank that is supported by this Amazon program. Amazon charges Professional Sellers a monthly fee in order to utilize ACCS.

Amazon charges Professional Sellers a monthly fee in order to utilize the North America Unified Account. You will be able to easily manage inventory and sales throughout North America. This program may help you indicate whether or not you are truly ready to take your Amazon selling business across oceans and enter into business on other continents.

When your Amazon sales come from multiple countries, your finances and taxes may become confusing. It is important to retain the services of an accountant who has experience working with Amazon sellers and can help you manage your finances.

If you are an Amazon seller and require the assistance of an experienced Certified Public Accountant, please contact Ebiz Accounting for an initial consultation.