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Fetcher Review: Best Online Amazon Accounting Software 2020

Fetcher is a software created to manage accounting and financial data for Amazon sellers. Besides, it is the easiest way to find information related to the health of your own business. In a sentence, straight forward reporting: easy to analyze financial analytics. This is finished by utilizing enormous information and devices to engage them to wind up more effective in dealing with their bookkeeping and business financials.

The fundamental highlights of the product are to gather deals information and do some estimation which engaged with business bookkeeping like benefits, discounts, charges, PPC, other pay and costs created from working an Amazon business. By gathering the pieces of information, you will improve knowledge about your business that can enable you to settle on more intelligent monetary choices.

As an Amazon vendor, you will have the capacity to have a grip on the execution of your Amazon business, and the product utilizes assortments of measurements that will help create better bookkeeping on deals and benefits.

Fetcher Review: Overview

The item- Fetcher is the production of Greg Mercer, Shane Stinemetz and AZ Hopkins. They consolidated their ability and experience as Amazon vendors and business visionaries in planning a program that will help Amazon merchants gain better power about their benefit and deals.

Fetcher is part of the Junglescout family together with Jumpsend, Forecastly, and Splitly. The company’s Executive Director, serial entrepreneur and investor Greg Mercer set the goal to provide help and support to other business owners with the best data software in the industry, as well as free educational resources.

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After a long time of observation, the Junglescout team concluded that to understand the crucial data that was generated daily on the Seller Central, sellers needed a visual dashboard.

Every Amazon marketer deserves a good understanding of the finances of his business, which is why Fetcher was created by Amazon merchants, software engineers and data fanatics, to facilitate and simplify its use for users.

Fetcher Review- Working

Fetcher Review: Marketplaces

Fetcher works on Amazon:

  • USA
  • UK
  • Spain
  • Mexico
  • Italy
  • Canada
  • France
  • Germany

So, is not working on Asia and Oceania (not Turkey).

Fetcher Review: Benefits

  • Instant access to financial data in an easy to view/analyze layout.
  • Unlike most other Amazon accounting providers, Fetcher allows you to include all non-order costs such as branding costs, staff costs etc. This is vital when completing your yearend accounts.
  • Complete automation of your accounting process. No more evenings of manually uploading data into excel only to struggle to analyze the information you’ve collected.
  • It’s effortless to see one of the essential numbers an Amazon Merchant is interested in…. PROFIT.

Fetcher Review: Features

1. Dashboard

This is the first-page Fetcher will show you. Here you can get a quick overview of your sales & cost involved over a set time frame. However, this already loads more info then Amazon’s default business report will show you.

Right away, you see the following key data points:

  • Sales $
  • Units Sold
  • Costs
  • Profit
  • Profit Margin %

Underneath that, a bar chart displays your orders by day, & the entire dataset can be changed to show information from a specified time frame of up to 1 year.

When you scroll down on the main page, it will show you your inventory levels. This is quite a handy tab as you can enter your lead time here, and it will calculate how many days of inventory you have remaining.

2. Sales & Profit

Next page will go into more details of the Sales & profit per product:

All pretty good info, on a more per product basis. For example, as I have described in my PPC tutorial, you want to know your Gross Margin, to base your ACOS on.

3. Expenses

This page is pretty straightforward. Fletcher will automatically import all Amazon cost into your account (i.e., storage fee, PPC cost, etc.). And you have entered your Cogs. However, you will also have the option to input custom costs, like a new laptop that you have just purchased.

Shipping Cost calculation: So if you paid $5,000 to ship 10,000 units from China to the Amazon’s fulfilment centre, your inbound shipping per unit is (5,000 / 10,000 = $0.50).

If you paid $5,000 to ship 10,000 units from China to the FBA warehouse, and you sell the products in 10-packs, you alter the math a bit: (5,000 / (10,000/10) = $5.00).

4. Product Breakdown

This is another excellent feature that you won’t find in the Amazon business reports. A detailed look per product with a very slick bar graph with sales over time.

Scroll further down the page to see your Campaign Manager ad spend by day (charted as PPC spend vs PPC sales by day):

fetcher product ppc dashboard

With the data on this screen, you can easily track critical metrics for any SKU & know how it’s affecting your bottom line. This is important because, on the other dashboards, everything is rolled up altogether.

5. Refunds

Fetcher will also show you your refunds of a set period. Additionally, this has a pretty cool feature where it will also show you the return rate per product (sales/returns). From my own experience I know Amazon will start de-activating your listing once it hits around 10% return rate. So it is quite useful to keep track of your return rate in 1 overview.

fetcher returns dashboard

(In the chart above where you see 100% return rates, those are print-on-demand products that were only ever ordered once where the customer returned them).

6. P&L Statement

Standard P&L statements are instrumental at the end of the year or quarter to get a complete overview of how your business is doing.

The top table charts your revenue by month:

REVENUE = SALES – (REFUNDS + REIMBURSEMENTS + PROMOS)

The bottom table displayed expenses:

EXPENSES = COST OF GOODS + INBOUND SHIPPING + RESHIPPING + RECURRING FEES + ORDER FEES + PPC

fetcher profit and loss dashboard

Overall, it gives you your exact numbers:

  • TOTAL EXPENSES
  • NET PROFIT
  • GROSS MARGIN

Fetcher Review: Signup Process

It’s a browser-based so log in to their website and sync your account, this takes a few minutes. After a couple of days, all my historical data was imported and accurately represented. At the time of writing, I believe Fetcher will grab data up to 12 months old – a real plus. From here, you use the different options to show your metrics in different ways.

Fetcher Review: Best time to use it

From the moment you start making sales! In my previous business ventures, I made the mistake of not properly documenting my financials which very quickly became a headache to say least. If you start using Fetcher from the early stages of your journey, it will be a lot easier to measure your progress and give you the power to make informed, high-level decisions like discontinuing a product.

Fetcher Review: Pricing

The monthly subscription rate starts at $19 that covers up to 2,500 orders per month, $39 for up to 5,000 orders and $99 for unlimited orders. This will allow an Amazon seller to gauge how much orders their business caters per month and pay for the appropriate subscription according to their business needs. There is a FREE one month trial to test this software. You can choose between 3 different plans:

Startup $ 19 per month

  • UP TO 2,500 ORDERS PER MONTH
  • 7 day/week support
  • one-on-one onboarding
  • world-class privacy and security
  • sync unlimited seller central accounts

Business $ 39 per month

  • UP TO 5,000 ORDERS PER MONTH
  • 7 day/week support
  • one-on-one onboarding
  • world-class privacy and security
  • sync unlimited seller central accounts

Enterprise $ 99 per month

  • UNLIMITED ORDERS PER MONTH
  • 7 day/week support
  • one-on-one onboarding
  • world-class privacy and security

Fetcher Review: Trial

It has a free trial for 31 days with no credit card requirements.

Fetcher Review: Customer Reviews

“It used to be miserable, pulling all these numbers out of seller central. Fetcher not only saves me tons of time but also helps me make better business decisions.” –Michael S. (verified user)

“If you want to level up your Amazon business, you NEED Fetcher. It is like a compass to find your true north, and that is increasing profits. It has helped me tremendously.” –Addison B. (verified buyer)

“Wow! I was set up in less than 5 minutes, and now I know how much money I’m making. I didn’t know Amazon was charging me a lot of these sneaky fees.” –Lauren T (verified buyer)

Fetcher Review: Competitors

1. Xero – Beautiful Accounting Software

Xero is an online accounting solution for small businesses that is known for its ease of use. See your cashflow in real-time with online billing, banking and accounting. Just login anytime, anywhere.

  • Free trial, pay nothing until you’re ready.
  • No setup fees, upgrade fees or contract.
  • Free online support

Xero is the emerging leader of online accounting software that connects small businesses to their advisors. At its core, Xero is an easy-to-use but powerful accounting system designed from the ground up. It’s all you need to run your business.

2. Taxomte

Taxomate is an Amazon FBA seller accounting software intended to automate your financial process. The taxomate solution connects your Amazon account with Xero and QuickBooks so you can import your order sales. This automated approach to importing orders can eliminate the use of spreadsheets or double-entry work.

Amazon reconciliation with your seller statements is accessible after the import into QuickBooks or Xero. The software also helps generate quarterly and yearly tax reports to match the form 1099-K send by Amazon to the IRS.

3. GoDaddy Online Bookkeeping (formerly Outright)

GoDaddy Online Bookkeeping is web-based accounting software for online retailers. GoDaddy Bookkeeping lets you sync your Amazon, Etsy, eBay, and PayPal seller accounts to their online software better to keep track of your sales and overall financials.

GoDaddy Online Bookkeeping is ideal for Amazon sellers to manage your financials with no prior accounting knowledge. The software lets you automatically create and send invoices, view reports such as a profit and loss statement, and accept payments via credit and debit cards from your smartphone.

4. A2X

A2X for Amazon is an automated accounting system for Amazon FBA sellers. A2X works with:

  • QuickBooks
  • Amazon
  • Shopify
  • Xero to provide easy Amazon marketplace accounting.

A2X helps manage your sales, fees, cost of goods sold, and FBA inventory. It can automatically grab your Amazon settlement transactions and post them to your existing accounting system.

5. FreshBooks

FreshBooks is a cloud accounting solution designed for freelancers and small business owners. It is a simple and intuitive solution, so accounting isn’t intimidating. Create professional invoices, capture your expenses and track your time towards projects. Plus all of your data is stored securely in the cloud, so you can work wherever you are, on whichever device you’d like.

Summing Up

With a business, it’s necessary to know your money related essentials. Web-based business organizations are surely no particular case. However, this is precarious for some dealers. As noticed, this kind of business pulls in numerous individuals who aren’t familiar with computing complex financial information.

This is a reasonable situation where what you don’t know can hurt you. For instance, in case you’re not clear about the amount you are spending on publicizing concerning your benefits, you can have a distorted perspective of the amount you’re truly making. Obviously, after some time you would, in the end, come to acknowledge it if you were losing cash. The upside of Fetcher is that you can recognize this in a split second and modify as needs are.

Fetcher is a ground-breaking instrument that can help make your business more beneficial. When you can without much of a stretch access the majority of your monetary information, you can settle on better choices. You can scale up on gainful crusades and drop or alter ones that are losing cash.

It’s helpful whether you’re an accomplished Amazon merchant or you opened your first online store yesterday. Any individual who is offering on Amazon can profit by at any rate attempting Fetcher, which you can improve the situation free for an entire month.

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Arbitrageinfo's Recommended Amazon Seller Tools:

All in One- Helium 10, IO Scout, Zonguru

Analytics- Viral Launch, Hello Profit

Product and Keyword Research- AMZScout, AMZtracker 

Sourching Tool- BuyBotPro 

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