The launch of Dext Commerce follows the accounting software provider’s recent acquisition of Greenback, providing advisers with sales data from 16 e-commerce platforms including Amazon, PayPal, Shopify and Stripe.
The launch of the new e-commerce tool in Australia on Tuesday (5 October) comes after it was first released on 1 September to subscribers in the UK, the US and Canada.
Dext Commerce, which integrates with Xero and QuickBooks Online, promises to automate the tasks involved in consolidating sales data from various commerce and payment platforms, as well as simplifying sales data and offering tax calculations to businesses operating in different markets.
Dext chief executive Adrian Blair said Australia’s standing as the 10th largest e-commerce sales market in the world meant advisers would benefit from solutions that facilitate compliance for their clients.
“Millions of businesses now sell via eCommerce platforms like Ebay, Etsy, Amazon and Shopify,” said Mr Blair, “Dext Commerce enables accountants and bookkeepers to take on these businesses as clients more profitably.
“Dext Commerce solves two key pain points: getting standardised data, line by line, from multiple sources; and ensuring digital sellers accurately calculate how much tax to pay in different markets.”