AmazMerchant – Mr Najmul

AmazMerchant – Full-Year Amazon FBA Financial Management

A complete January–December 2025 accrual-basis bookkeeping project for an Amazon FBA e-commerce business, ensuring accurate settlement reconciliation, proper cost categorization, and fully structured financial reporting in QuickBooks Online.

Project Scope & Accounting Structure

This project involved full-year bookkeeping and reconciliation for an Amazon FBA seller operating at scale.

Key Responsibilities:

Recorded and reconciled January–December 2025 financial data (Accrual Basis)
Extracted and categorized data from Amazon Settlement Reports
Separated and properly recorded:
- Sales Income
- Shipping Income
- Reimbursements
- Sales Returns
Properly categorized:
- Amazon Selling Fees
- FBA Fulfillment Fees
- Promo Rebates
  (Booked under Cost of Goods Sold)
Reconciled Amazon Clearing Account
Matched Reserve Balance with actual bank disbursements
Prepared complete financial reports including:
- Profit & Loss Statement
- Balance Sheet
- Statement of Cash Flows
- Custom Financial Summary Report

This ensured every Amazon transaction reflected accurately in QuickBooks Online.

Reports & System

Financial Performance & Business Impact

The structured bookkeeping system provided a clear financial picture of the business.

Year-End Financial Results:

Total Revenue: $1,563,201
Net Income: $833,335
Net Profit Margin: 53.3%
Cash Balance Growth: From $16,574 to $865,990
Total Assets: $925,691
Total Liabilities: $53,979

Key Business Insights:

Accurate tracking of true Amazon profitability
Clear visibility of actual fulfillment and selling costs
Strong liquidity position with significant cash growth
Financial statements ready for strategic scaling decisions

This project demonstrates how structured Amazon bookkeeping transforms settlement data into decision-ready financial intelligence.

Project Summary

Amazon bookkeeping is complex due to settlement cycles, reserve balances, multiple fees, and reimbursements.

Through accurate accrual-based recording and detailed reconciliation, AmazMerchant now has:

Clear profit visibility
Accurate COGS tracking
Reconciled clearing and reserve accounts
Reliable financial statements
Strong financial health monitoring

This project proves that proper Amazon bookkeeping is not just about recording sales — it is about understanding real profitability and building a financially scalable business.

Performance Highlights

Revenue Managed

$1.56M

Net Profit Margin

53.3%

Net Income

$833K

Cash Growth

$849K+

Settlement Reconciled

100%

"Najmul is very expert and professional Accountant & Cloud Bookkeeper. He is very honest person. That's why i work with him & In future, i work with him again. He mainly focusing my Amazon FBA fees also explain everything. And he advice me how i can reduce my extra fees in Amazon. At last - I really love in his work. Thank You Najmul"

marc0142

Fiver

Financial Position

Assets

Bank Accounts

1100 · Chase Bank 9889 $865,990.57

Total Bank Accounts $865,990.57

Other Current Assets

1200 · Amazon Clearing Account −$1,517.33

1201 · Amazon Reserve Balance $29,313.25

1300 · Inventory Asset $31,905.21

Total Other Current Assets $59,701.13

Total Assets $925,691.70

Liabilities

Credit Cards

2100 · Chase Credit Card 3356 $15.60

2110 · Amex CC 51003 $7,985.98

Total Credit Cards $8,001.58

2201 · Loan from Norcalway $39,230.00

2150 · Goldman Sachs LOC $6,748.38

Total Liabilities $53,979.96

Equity

3005 · Owner's Equity $62,000.00

3010 · Owner's Drawings −$57,468.10

Opening Balance Equity −$3,876.93

Retained Earnings $37,721.19

Net Income $833,335.58

Total Equity $871,711.74

Total L&E $925,691.70

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