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Accounting for Amazon.eg and Noon sellers in Egypt

Amazon.eg and Noon Egypt in books kept in pounds: what each payout holds, posted and matched to your bank, and what you really made on each product.

Books in Egyptian pounds (EGP), or in any main currency you choose.

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Marketplaces

What connects in Egypt

  • Amazon

    Amazon.eg

    Settlements posted, payouts matched, FBA stock costed.

    More about Amazon

  • Noon

    Noon Egypt, FBN or FBP

    Every transaction, each month posted, FBN stock checked.

    More about Noon

Selling in Egypt

What's particular, and what we do about it

Every fee, in its place

Referral and fulfilment fees, advertising, refunds and subsidies, each to the account you choose, so you see where the money goes.

Stock that adds up

Your purchases costed with freight and duties, sold first-in first-out, with FBN's returns and losses from Noon's own ledger.

Arabic invoices

Invoices from the order in Arabic and English, with your letterhead.

The pains of selling online

The usual problems, answered

Wherever you sell, the same headaches come up.

  • The pain: The payout isn't your sales: fees, refunds, ads, reserves and tax are netted out of it.

    What Bookalyze does: Each settlement or month is posted as one entry, split into sales, fees, refunds, ads, tax and amounts held back.

    See how

  • The pain: Deposits get counted as income on top of the sales, so income is counted twice.

    What Bookalyze does: Each payout is matched to its bank deposit and moved to the clearing account, so sales count once.

    See how

  • The pain: No idea what a unit really cost once freight and duties are in.

    What Bookalyze does: Landed cost on each delivery, stock lots costed first in first out, cost of goods sold posted every month.

    See how

  • The pain: A channel that looks profitable loses money after ads and storage.

    What Bookalyze does: Channel profit for each marketplace, down to cost of goods and your own costs counted against it.

    See how

  • The pain: Products that sell every day and lose money once their ads are paid, and an ACOS that can't tell you which.

    What Bookalyze does: Ad spend per product from Amazon Ads, set against each product's fees and landed cost: profit after ads, break-even ACOS, and the losing products first.

    See how

  • The pain: FBA, FBN or WFS stock that doesn't match the books, and lost units never noticed.

    What Bookalyze does: Stock movements from the marketplaces' own ledgers: returns back into stock, losses written off, stock compared.

    See how

  • The pain: Several marketplaces, currencies and companies kept in spreadsheets.

    What Bookalyze does: Every company, currency and marketplace in one login, each with its own books.

    See how

  • The pain: Running out of stock, or ordering far too much.

    What Bookalyze does: Reorder shows the day each product runs out, the day to order by, and how many.

    See how

  • The pain: Buyers asking for VAT invoices, one email at a time.

    What Bookalyze does: A bilingual Arabic and English invoice from the order in seconds, sent to the buyer through Amazon.

    See how

  • The pain: Too few reviews, because nobody has time to ask every buyer.

    What Bookalyze does: Amazon's own Request a Review, sent automatically at the right time after delivery.

    See how

  • The pain: Bank lines typed or copied by hand.

    What Bookalyze does: Wise syncs every day, any other bank comes in by statement, and rules categorise the routine.

    See how

Questions

Selling in Egypt

Does it connect to the ETA e-invoicing system?
No. Bookalyze keeps your books and makes PDF invoices for marketplace buyers; it isn't an ETA e-invoicing integration.
Are Egyptian pound exchange rates filled in for me?
Not yet. Bookalyze's daily rates come from the Bank of Canada, which doesn't publish the pound. Books kept in pounds need no rate; for anything in another currency, you type the rate your bank used.

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