10 Minute Accounts

10 Minute Accounts is a cloud-based accounting software specifically designed for eBay sellers, offering seamless integration with eBay and PayPal. According to the vendor, this user-friendly solution is aimed at small to medium-sized businesses and caters to a range of professionals and industries, including eBay sellers, online retailers, accountants, small business owners, and e-commerce businesses.

Key Features

Cloud Based: According to the vendor, 10 Minute Accounts is accessible from any internet-enabled device, eliminating the need for downloading, installing, or configuring software. It is said to work seamlessly on Windows, Mac, or Linux.

Automatically Calculate: The vendor claims that 10 Minute Accounts enables users to spot trends and track business performance effortlessly with real-time calculation of reports. It is also said to automate accounting processes, potentially saving valuable time.

Submit VAT Returns: According to the vendor, 10 Minute Accounts is compliant with Making Tax Digital, allowing users to digitally submit VAT returns. It is designed to provide the ability to set up a VAT account and easily categorize transactions.

Import Transactions: Users are said to be able to import transactions from any source and effortlessly sync transactions from eBay Managed Payments, according to the vendor. The software is designed to simplify the process of categorizing and managing transactions.

Automatically Invoice: The vendor claims that 10 Minute Accounts can generate professional invoices instantly. Users are said to be able to add branding and logos to invoices and set up automatic sending to customers.

Sales Dashboard: According to the vendor, users can monitor sales performance and trends with real-time charts and statistics provided by the sales dashboard. It aims to enable users to track profit and loss effortlessly.

Mobile Accessibility: 10 Minute Accounts is claimed to be accessible from any device, whether it's a phone, tablet, PC, or Mac. Users are said to be able to conveniently check eBay sales on the go.

Profit and Loss Report: The vendor states that this software automatically updates the profit and loss report, providing valuable insights into business profitability. Users are claimed to be able to easily track income and expenses.

VAT Returns: According to the vendor, users can check VAT returns and the amount owed, and file VAT returns directly through Making Tax Digital. 10 Minute Accounts is said to ensure correct VAT rates for sales.

Automate Accounting: The vendor claims that users can train the software to automatically categorize transactions, potentially saving time by automating accounting processes. It aims to allow users to focus on selling while the software handles accounts.