The team at Link My Books are happy to provide users with technical assistance in applying tax rules to their Link My Books setup. We are not Tax Advisors and so our advice and suggestions on the application of tax rules cannot be construed as tax advice. We highly recommend that users seek advice from qualified accountants for their tax compliance.
The EC Inventory Movement and EC Sales List reports are available in the Inventory menu:
Inventory > EC Sales & Inventory Movements
On the first tab you will see a list of your EC Sales to VAT registered business customers that have been Zero Rated by the Amazon VAT Calculation service.
For more information on how to deal with these sales in Xero please see this article.
The second tab shows the total inventory moved between fulfilment centres across Amazon's European network.
Sellers registered in other EU countries for VAT may need these figures to form part of their EC Sales List.
The figures are calculated by taking the number of items moved from or to the UK and using your entered product costs to calculate the value of the import/export.
Speak to your accountant for more information on EC Sales.