DAC7 asks a platform for one report a year, but the report needs data about every seller collected throughout the year. Nordlet keeps that data, applies the exclusion rules, and produces the file in the format your tax authority accepts.
Published estimates run from three weeks to twelve months per accounting system, and the work does not carry over from one vendor to the next. Here are the figures, their sources, and the alternative.
A plain explanation of the three mechanisms a platform meets in EU VAT, the one case where the platform itself becomes the taxable seller, and how each one is recorded in the books.
A practical guide to deciding whether marketplace transactions belong in revenue at gross or net, using IFRS 15 control analysis and professional judgment.
A comparison for developers deciding between an embedded accounting API and an open-source ERP suite, based on each product's own documentation.
A practical breakdown of the features that separate a real accounting ledger for EU marketplaces from a mutable balance table with good marketing.
A scope list, a cost model with stated assumptions, and the conditions under which each answer is correct.
A double-entry ledger API records marketplace money movement as balanced, immutable journal entries so you always know who is owed what and why.
A buyer's guide for platforms and marketplaces that need real books, per-country VAT logic, and audit-ready records inside their own product.
Seven options a platform team actually considers, sorted by what each one is for, with the limits and pricing models that decide the choice.
A practical guide for developers embedding EU VAT compliance into marketplaces and platforms using a cloud accounting API.
A working guide for platforms and marketplaces that need real books, correct VAT, and an audit trail that holds up years later.
A practical comparison of multi-company cloud accounting tools for EEA startups, and where API-first infrastructure like Nordlet fits in.
A technical guide to how immutable double-entry ledger APIs work, why marketplaces need them, and what to look for when embedding accounting into your platform.
A practitioner's take on which accounting APIs actually hold up when you're moving money across borders, VAT regimes, and thousands of small transactions per day.