SheetLink

Amazon FBA Bookkeeping - Track Your Seller Profit

Amazon FBA selling means complex bookkeeping: tracking COGS, multiple Amazon fees, PPC spend, inventory costs, and returns. SheetLink syncs your bank account to Google Sheets when you click sync, giving you full control over when your financial data updates. Perfect for weekly or monthly reviews—track deposits, expenses, and true profit per ASIN all in one spreadsheet.

Amazon FBA bookkeeping is uniquely challenging compared to other ecommerce:

  • Complex fee structure - Referral fees, FBA fees, storage fees, long-term storage, removal fees
  • Inventory tracking - COGS varies by supplier, shipment, and product
  • PPC advertising costs - Campaign spend must be allocated to specific ASINs
  • Returns and refunds - Revenue adjustments affect true profit calculations
  • Multiple payment schedules - Amazon deposits every 2 weeks, but fees are deducted daily
  • Tax complexity - Nexus requirements, sales tax, quarterly estimates, COGS accounting

SheetLink solves this by syncing all bank transactions—Amazon deposits, inventory purchases, PPC charges, and business expenses—to Google Sheets when you click sync. You control when your data updates, perfect for weekly or monthly business reviews.

Get privacy-first bookkeeping at a fraction of the cost of FBA-specific accounting software:

  • Manual sync Amazon deposits (you control when) - Track bi-weekly payments to your bank account
  • Track inventory costs - Sync supplier payments, shipping to FBA, prep services
  • Monitor Amazon fees - Capture referral fees, FBA fees, storage charges
  • Track PPC spend - Sync advertising charges and allocate to ASINs
  • Calculate profit by ASIN - See which products are actually profitable
  • Affordable pricing - $4.99/month vs A2X ($19/month) or Taxomate ($29/month)

SheetLink only syncs when you click the button. Unlike competitors that access your bank in the background, SheetLink gives you complete control over when your financial data flows to your spreadsheet. This is a privacy feature, not a limitation.

SheetLink syncs all transactions so you can organize your FBA finances:

  • Amazon bi-weekly deposits
  • Product sales by ASIN
  • FBA reimbursements (damaged/lost)
  • Promotional credits
  • Inventory/COGS (supplier costs)
  • Amazon fees (referral, FBA, storage)
  • PPC advertising spend
  • Shipping to Amazon warehouse
  • Prep services & labeling
  • Returns & refunds
  • Software subscriptions (Helium 10, Jungle Scout)
  • Product photography & listings

Many FBA sellers overestimate profit by ignoring all the fees. Here's how to calculate accurately:

Sale Price:$45.00
- Amazon Referral Fee (15%):-$6.75
- FBA Fulfillment Fee:-$5.30
- Monthly Storage Fee (prorated):-$0.45
- Product Cost (COGS):-$12.00
- Shipping to FBA (per unit):-$2.50
- PPC Cost (allocated):-$4.00
- Packaging/Prep:-$1.00
ACOS (Advertising Cost of Sale):8.9% ($4 ad spend / $45 revenue)

With SheetLink, build formulas in Google Sheets to calculate this automatically for each ASIN. Track which products have the best margins and focus your inventory investment accordingly.

Understanding Amazon's fee structure is critical for profitability:

Category-dependent fee Amazon charges on every sale. Most products: 15%. Media (books): 15%. Apparel: 17%. Sync from Amazon Seller Central settlement reports or bank statements.

Amazon charges for picking, packing, and shipping. Small standard: $3.22+. Large standard: $5.45+. Increases during Q4 peak season. Track fees per ASIN to see impact on margins.

Monthly storage: $0.75-$2.40 per cubic foot depending on season. Long-term storage: $6.90/cubic foot for items stored 271-365 days, $0.15/unit for 365+ days. Minimize slow movers.

Return processing fees, removal orders ($0.50-$0.60/unit), disposal fees ($0.15-$0.30/unit), FBA prep service fees ($0.30-$2.00/unit). Track these hidden costs.

Accurate COGS tracking is essential for tax deductions and profitability analysis:

  1. Track Supplier Payments - SheetLink syncs all payments to manufacturers, wholesalers, or Alibaba suppliers
  2. Include Shipping to FBA - Add freight forwarding, customs, duties to your COGS per unit
  3. Add Prep & Packaging - Include poly bags, labeling, prep center fees in total COGS
  4. Calculate Per-Unit Cost - Divide total shipment cost by units to get COGS per ASIN
  5. Track Inventory Value - Multiply units in FBA by COGS to see total capital tied up in inventory

Add columns in your SheetLink spreadsheet for: ASIN, Supplier, Units, Total Cost, COGS per Unit, Units in Stock, Inventory Value.

PPC spend directly impacts profitability. Track advertising costs to calculate true ACOS and TACOS:

  • ACOS (Advertising Cost of Sale) - PPC Spend ÷ PPC Revenue × 100 (target: under 20% for established products)
  • TACOS (Total Advertising Cost of Sale) - PPC Spend ÷ Total Revenue × 100 (includes organic sales)
  • PPC by ASIN - Allocate campaign spend to specific products to see which are profitable
  • Break-even ACOS - Calculate your maximum allowable ACOS based on margins

SheetLink syncs Amazon advertising charges from your bank. Tag charges by campaign or ASIN to track PPC ROI.

Build these metrics in your SheetLink spreadsheet to monitor business health:

Get your FBA bookkeeping organized in under 15 minutes:

  1. Install SheetLink Chrome Extension - Add from Chrome Web Store
  2. Connect Your Business Bank Account - Link the account where Amazon deposits payments via Plaid
  3. Connect Your Business Credit Card - Track inventory purchases, PPC charges, and expenses
  4. Create Your FBA Finance Sheet - Start with a blank Google Sheet
  5. Sync Transactions - SheetLink pulls in all deposits and expenses
  6. Add Custom Columns - ASIN, Product Name, Fee Type, PPC Campaign, COGS
  7. Tag Transactions - Categorize each transaction by type (revenue, COGS, fees, PPC)
  8. Build Profit Formulas - Calculate profit per ASIN and overall business profit
ToolCostBest For
SheetLink$4.99/monthSolo FBA sellers, small catalogs
A2X$19-149/monthQuickBooks/Xero integration, accrual accounting
Taxomate$29-59/monthMulti-channel sellers, tax reporting
Link My Books$12-59/monthQuickBooks automation for FBA
QuickBooks Online$30-200/monthLarge businesses, multi-entity accounting

SheetLink advantage: Privacy-first manual sync with full spreadsheet flexibility at a fraction of the cost. Combine with Amazon Seller Central reports for complete FBA tracking. Upgrade to A2X or QuickBooks only when you need accrual accounting or CPA integration.

FBA sellers face complex tax requirements. SheetLink helps you stay organized:

  • Schedule C filing - Track gross receipts, COGS, business expenses for profit/loss calculation
  • Quarterly estimated taxes - Calculate net profit each quarter (revenue minus all costs and fees)
  • COGS deductions - Properly account for inventory purchases and COGS sold during tax year
  • State sales tax nexus - Track where Amazon collects sales tax on your behalf (economic nexus)
  • 1099-K reporting - Amazon sends 1099-K if you make over $5,000; verify with your SheetLink records
  • Inventory valuation - Year-end inventory value affects COGS calculation for taxes

Free Forever: Last 7 days of transaction history - perfect for weekly tracking

Pro ($4.99/month or $39.99/year): Full Plaid transaction history (2 years), historical backfill, priority support, and early access to new features

Stop guessing at profit margins and start tracking real numbers. Know exactly which ASINs are profitable, what your true ACOS is, and how much you owe in taxes each quarter.