Etsy deposits reflect payment account activity, not just the selling price of one item. Choose a firm that separates fees, advertising, refunds, and tax Etsy collects from your own business income and costs.
Services checked against firm websites on October 8, 2026. Confirm availability, fees, and service region with each firm. Inclusion does not certify a firm or establish a Taxomate partnership.
A $50 item with $5 buyer shipping and $4.40 tax has different US fee bases: the transaction fee uses $55, while payment processing uses $59.40. Ask the firm to explain both charges and exclude tax Etsy remits from seller revenue.
How do you reconcile Etsy payment account activity to each bank deposit?
How do you separate listing fees, processing fees, and Offsite Ads costs?
How do you distinguish tax Etsy collects and remits from tax the business owes?
How do you account for materials, shipping, and inventory outside Etsy deposits?
These are simplified discussion examples. Your settlement reports and accounting policy determine the actual entries.
Check fit before you hire
Ask whether the proposal includes monthly reconciliation, cleanup, tax filings, and inventory work. Confirm your accounting system and the integration the firm uses. A firm's marketplace experience does not mean it uses Taxomate.
Keep the account in your business's name. Agree on access, review dates, deliverables, and how unresolved payout differences will be handled.