Thank you
Please correct me if I'm wrong.
In my Amazon's case I have to create for Amazon following:
1. Merchant account (it will mirror gross payments from my real customers to my Amazon's "account"),
2. Amazon's Supplier Account (entity that issues Amazon's Fee invoices, that will be paid from the Merchant Account)
3. Amazon's Customer Account (I will group all my real customers under this account).
Let's say that my gross sale on Amazon was £120 and the Amazon's commission fee was £20.
So I will issue a sale invoice (£120) to Amazon's Customer Account, create new payment from Amazon Customer Account to Amazon Merchant Account. That payment will be tagged to £120 invoice.
Then I will create purchase invoice for commission fees of £20 (for Amazon's Supplier) and will pay it from Merchant account.
Also £100 that was paid by Amazon to the bank account I enter as a debit on the Merchant Account and tag is as a transfer between accounts (From Merchant to Current Account).
Is that all correct?
Regards