Dext launches new products to make handling gross sales knowledge less difficult: Dext Commerce

  • Answer will help accountants & bookkeepers just take on digital gross sales purchasers profitably

  • Simplifies sales details and tax calculations for organizations advertising through Shopify, Amazon, and other top e-Commerce platforms

LONDON, Aug. 03, 2021 (World NEWSWIRE) — Accounting software package supplier Dext has extra a digital income product or service to its developing platform, pursuing the acquisition of Greenback which rebrands to ‘Dext Commerce’.

Dext Commerce makes it possible for accountants and bookkeepers to acquire on a lot more digital product sales clientele by simplifying the selection and categorisation of gross sales information from 16 e-commerce, POS and payment platforms such as Amazon, PayPal, Shopify and Stripe. It also integrates with Xero and Quickbooks On the net, enabling accountants and bookkeepers to correctly post eCommerce revenue into the largest accounting platforms.

The alternative solves the obstacle of manually fetching and consolidating profits details from numerous commerce and payment platforms in different formats. Dext Commerce simplifies sales details and tax calculations across numerous countries, enabling accountants and bookkeepers to much more profitably support digital sales purchasers.

Vital Dext Commerce functions include:

  • A digital history of revenue transactions line by line to support compliance with new data regulations like ‘Making Tax Digital’ in the British isles

  • Creating positive clientele report and shell out the right revenue tax, wherever they sell

  • Itemise income, service fees, refunds and reimbursements data, line by line, with a single membership

E-commerce profits in the Uk and US comprised c. 35% of whole retail profits in 2021, nearly doubling in the Uk1.

Dext CEO, Adrian Blair, commented: “Millions of organizations now sell via eCommerce platforms like Amazon and Shopify. Dext Commerce permits accountants and bookkeepers to acquire on these businesses as clients much more profitably. Dext Commerce solves two crucial pain details: receiving standardised information, line by line, from many resources and making sure electronic sellers precisely estimate how much tax to shell out in distinctive marketplaces.”

Dext Commerce is offered to all accountants, bookkeepers and firms in the British isles, US and Canada from September 1st, with rollout in France and Australia later on this calendar year.

1 ONS, US Census:

Contact: Paul-Reza Afshar [email protected]