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Comparisons

Three jobs. One platform.

Most sellers shortlist a settlement connector, a cloud ledger, or a profit dashboard. Each does one of three jobs. Nexus does all three — the Amazon connector, the double-entry ledger, and weighted-average inventory — with GCC VAT native, in one place. This page is an honest map of what each tool optimises for, so you can decide whether all-in-one fits you.

An Amazon settlement assembles into a balanced double-entry journal entry: sales, fees, refunds and weighted-average cost of goods sold, with debits equal to credits and the entry left in draft for human approval.

FIG 1 — One Amazon settlement → one balanced entry

Amazon settlement · Mar 1–14

Draft · awaiting approval
#AccountDebitCredit
1100Amazon clearing19,100.00
5210Referral & selling fees3,200.00
5220FBA fulfilment fees1,800.00
4001Sales returns & refunds700.00
4000Amazon sales — US24,800.00
Weighted-average COGS relief
5000Cost of goods sold (WAC)9,360.00
1330Inventory — FBA (WAC)9,360.00
Totals0.000.00
  • Read-only Amazon connection
  • Double-entry ledger
  • Weighted-average COGS inventory
  • KSA 15% / UAE 5% VAT
  • USD → SAR / AED at settlement-date FX
  • Prepare → check → approve · nothing auto-posts
  • Bilingual EN / AR books
  • 11-year audit retention

The loop

One engine runs the whole loop, connect to close.

A connector stops at moving cash. A dashboard estimates profit. A general ledger keeps generic books. Nexus is the single engine for every step between connecting your Amazon account and closing the period — each step feeds the next, with no hand-off to a second tool.

  • 01

    Connect

    Connect Amazon, read-only

    A read-only Selling Partner API connection streams each settlement in full — sales, referral and fulfilment fees, refunds, reserves — instead of one lump-sum deposit you unpick by hand. No buyer PII is stored.

  • 02

    Decompose

    Break the settlement into its parts

    Every payout line is parsed and mapped to a GL account — gross sales, marketplace fees, refunds, FBA reimbursements, adjustments — each line traceable back to its source transaction.

  • 03

    Compose

    Compose a balanced journal entry

    The decomposed lines become one double-entry journal that balances to the cent. A database trigger refuses any entry where debits ≠ credits, so an unbalanced settlement can never post.

    Debits = Credits · enforced by trigger

  • 04

    Cost

    Relieve inventory at weighted-average cost

    As units ship, the perpetual inventory subledger relieves cost of goods sold at weighted-average cost per SKU — real COGS, not an estimate — and the inventory asset ties to the GL.

    WAC COGS per unit shipped

  • 05

    Tax

    Compute GCC VAT per line

    Output and input VAT are computed per line at KSA 15% or UAE 5%, with foreign-currency lines converted USD → SAR / AED at the settlement-date FX rate — so the return is built as the books are, not bolted on at quarter-end.

    KSA 15% / UAE 5% · settlement-date FX

  • 06

    Reconcile

    Watch the trial balance tie

    Every posted entry rolls into a materialised trial balance whose debits equal credits, and every row drills back through the journal entry to the source document and the extraction job that produced it.

    TB ties · row → JE → source document

  • 07

    Close

    Approve, then close the period

    Nothing auto-posts: prepare → check → approve, with segregation-of-duties blocking self-approval. Period close requires the TB to balance within ±0.01, and posted entries are immutable — corrections are reversals, fully traceable.

    Append-only · reversal-only after close

The three jobs

Connectors and dashboards each cover one. Nexus covers all three.

A settlement connector moves cash into a ledger. A dashboard estimates profit. A general ledger keeps the books. None of them does the other two — so the seller pays for, and reconciles across, three tools. Nexus is one engine for the whole loop.

Connect

Pull every settlement, automatically

Read-only marketplace connection streams each payout in full — sales, referral and fulfilment fees, refunds, reserves — instead of one lump-sum deposit you unpick by hand.

  • Multi-marketplace, multi-currency
  • Every line traceable to its source transaction

Compute

Balance the books and value the stock

Each settlement decomposes into a double-entry journal that balances to the cent, with weighted-average cost relieved as units ship — real books, not an estimate, and a trial balance that ties.

  • Debits equal credits, enforced
  • Weighted-average COGS per unit shipped

Control

You approve every entry

Nothing auto-posts. Prepare → check → approve, with segregation-of-duties blocking self-approval, GCC VAT computed per line, and a filed-ready return — so the books survive an audit.

  • KSA 15% / UAE 5% VAT per line
  • Append-only audit trail, 10-year retention

What it replaces

Three tools and the seams between them — or one platform.

The usual Amazon-seller setup stitches a settlement connector to a separate ledger and a spreadsheet for inventory. You pay for all three, and you reconcile across every seam between them. Nexus collapses the stack into one book of record.

The stitched stack

Three subscriptions, three logins, and a reconciliation seam between each.

  • A settlement connector

    Posts payouts — but is not your ledger.

  • A general cloud ledger

    Keeps generic books the connector posts into.

  • An inventory spreadsheet

    Tracks COGS by hand, off to the side.

One platform

One subscription, one login, one book of record — no seams to reconcile.

  • Connector, ledger, and inventory subledger in one engine
  • Weighted-average COGS computed inside the books, not a side sheet
  • GCC VAT and USD → SAR / AED FX native from the first entry
  • Bilingual EN / AR books, prepare → check → approve, audit-grade

Category by category

Where each tool fits — and where all-in-one fits better

We respect every tool here. The honest framing is what each optimises for, and which seller that fits — not a scoreboard. Pick a category to see the trade-off.

A2X

The established Amazon-to-ledger settlement connector.

What it does well

  • Accurate, trusted settlement-to-ledger postings.
  • Broad marketplace and sales-channel coverage.
  • Clean accrual summaries your accountant already understands.

Where it fits best

Sellers who already run a cloud ledger with an accountant and only need clean settlement postings into those existing books.

Where all-in-one fits better

Sellers who want the connector AND the books AND weighted-average-cost inventory in one place — plus KSA / UAE VAT — instead of paying for and reconciling across three separate tools. A connector stops at posting the cash; it is not your ledger and it does not value your stock.

The proof is the product

What all-in-one actually puts on screen

Not a feature checklist — the real artefacts a connector or dashboard cannot show you: a trial balance whose debits tie to credits, a VAT return ready to file, and an approval queue where nothing auto-posts.

FIG 2 — Trial balance (extract)
AccountDebitCredit
1100Amazon clearing19,100.00
1330Inventory — FBA (WAC)9,360.00
4000Amazon sales — US24,800.00
5000Cost of goods sold (WAC)9,360.00
2200VAT payable13,020.00
Totals37,820.0037,820.00
Balanced · 0.00 SAR
FIG 3 — VAT summary
AccountBaseRateVAT
Output VAT — KSA86,800.0015%13,020.00
Input VAT — KSA24,200.0015%3,630.00
Net VAT payable9,390.00
FIG 4 — Approvals · nothing auto-posts
  • JE-1042Prepared

    Mar settlement · sales, fees, refunds

    24,800.00
  • JE-1043Checked

    WAC COGS relief · units shipped

    9,360.00
  • JE-1044Approved

    VAT return · period close

    9,390.00

Built for the GCC

Compliance is in the schema, not a quarter-end scramble

A tool built for one home market adds GCC requirements as plug-ins. Nexus encodes them from the first entry. References below describe how the product is designed and aligned — they are not certifications of regulatory conformity; you remain responsible for your own filings.

IFRS

SOCPA-endorsed IFRS chart of accounts

A default IFRS-aligned COA, customisable per client on import — so the books map to the standard Saudi auditors expect, not a generic template.

ZATCA

ZATCA-aware invoice parsing

Invoice UUID, QR payload and hash are captured, with missing-QR invoices flagged. In Phase 1 we consume e-invoicing inputs — clearance is a documented Phase 3 step, not claimed today.

VAT

KSA 15% / UAE 5% VAT register

Output and input VAT computed per line at the right GCC rate, netted into a return — the seller sells in USD, reports in SAR or AED, and the VAT follows automatically.

Companies Act

Books in Arabic and English

Every account, journal narrative and statement exists in both languages at once. Saudi company law expects books in Arabic; this is native, not an export filter.

PDPL

PDPL-aware data residency

EU-region storage with a DPA and SCC-equivalent transfer terms, and a self-hosted-in-KSA path for tenants who require their data to stay onshore.

Retention

11-year append-only audit trail

Every state change is logged immutably and retained 11 years (≥10 by ISA 230 + SOCPA). Posted entries never mutate — corrections are reversals, linked to the original.

What it reads

Connect the sources, the books keep themselves

Nexus reads from the systems where a seller’s money actually moves — not a CSV you re-upload each month. Every connection is read-only and every figure drills back to its source.

Marketplace

Amazon Selling Partner API

Settlements, fees, refunds and FBA reimbursements, streamed read-only — multi-marketplace, multi-currency.

Advertising

Amazon Advertising

Ad spend pulled in and treated as operating expense, kept separate from cost of goods so margin stays honest.

Supply

Supplier invoices

Bilingual supplier PDFs are OCR’d and extracted to seed landed cost — the basis for weighted-average COGS.

Cash

Bank & wallet feeds

Bank statements and multi-currency wallet balances reconcile against the deposits in each settlement entry.

Before you buy

The traps we see most when sellers compare

Buying the wrong stack is expensive — and independent of which vendor a seller eventually picks. These are the questions to ask before you commit.

  1. 01

    A connector is not your books.

    A settlement connector posts your payouts into a ledger — it does not act as the ledger. You still pay for the ledger, and you still track inventory and COGS somewhere else. Nexus is the connector, the ledger, and the inventory subledger in one — one subscription, one login.

  2. 02

    A profit dashboard is not double-entry books.

    Dashboards estimate profit beautifully, but a bank, an auditor, or a tax authority wants double-entry books and a VAT return. A dashboard is not that. Nexus gives you both: profit by SKU sits on top of real, balanced, drillable books.

  3. 03

    A generic ledger treats a payout as a mystery deposit.

    Without Amazon-native logic, a settlement lands as one lump-sum deposit with sales, fees, refunds and reserves blended together. Reconstructing them by hand is where the spreadsheet begins. Nexus decomposes every settlement into a balanced entry automatically, each line traceable to source.

  4. 04

    GCC VAT and multi-currency bolted on later is fragile.

    A GCC seller sells in USD, reports in SAR or AED, and owes KSA 15% or UAE 5% VAT. Tools built for one home market add these as plug-ins. Nexus encodes multi-currency FX and GCC VAT into the schema from the first entry.

  5. 05

    AI without controls is a liability, not a feature.

    Auto-posting journal entries from AI extraction without a named human approval creates audit risk. We require prepare → check → approve before any entry posts, with segregation-of-duties blocking self-approval, and a heightened-review window on every new workspace.

The moat

The one thing no connector ships: real bilingual books

Saudi company law expects books in Arabic. Every account, every journal narrative, and every statement exists in English and Arabic at once — the same balanced entry, mirrored. Flip it and watch.

Amazon settlement · Mar 1–14EN
1100Amazon clearing19,100.00
5210Referral & selling fees5,000.00
4000Amazon sales — US24,100.00

The same entry, the same figures — mirrored start-to-end under right-to-left. No settlement connector ships this.

Switching over

Moving from your current stack

You do not rebuild your history by hand. We onboard you with opening balances and recent settlements, and you keep control of every entry.

  • 1

    Bring your opening balances

    We import your trial balance as at your switch date, so the books start tied.

  • 2

    Connect Amazon read-only

    Recent settlements stream in and compose into draft entries for your review.

  • 3

    Approve, then run live

    You approve each entry through prepare → check → approve; from there the loop runs itself.

  • No long-term lock-in · export your data anytime
  • No. Nexus is the double-entry ledger, not just a feed into one. Settlements, fees, refunds, weighted-average COGS, GCC VAT, trial balance and period close all live in the same book of record — so the connector-plus-ledger pairing is replaced by one platform.

See it on a real settlement of yours

Connect your Amazon account read-only, or send us one recent settlement. We will turn it into a balanced, drilled-down journal entry and walk you through it against whatever connector and ledger you are evaluating us against.

Comparisons · Nexus Ledger · Nexus Ledger