Industry Expertise

E-commerce bookkeeping that actually understands your business.

Shopify payouts, Amazon fees, Etsy deposits, multi-channel revenue, COGS tracking, and sales tax compliance. We handle the accounting complexity so you can focus on selling.

The challenge

E-commerce accounting is not simple.

If you sell online, you already know this: your bank deposits never match your sales totals. Every platform takes its cut — marketplace fees, payment processing fees, refund deductions, shipping label costs, advertising charges. A single Shopify payout might represent dozens of individual transactions, each with different fee structures.

Add multi-channel selling into the mix — Shopify plus Amazon plus Etsy — and you are dealing with three different payout schedules, three different fee structures, and three different reporting formats. Most general bookkeepers look at this and either oversimplify it (lumping everything into one revenue line) or get overwhelmed and make errors that cascade through your entire P&L.

Then there is sales tax. If you sell to customers in multiple provinces, you may have GST and PST obligations in jurisdictions you have never even visited. If you sell into the United States, marketplace facilitator laws add another layer. Getting this wrong does not just mean inaccurate books — it means potential CRA assessments and penalties.

And inventory? Tracking cost of goods sold accurately — including landed costs like duties and freight for imported products — is the difference between knowing your real margins and guessing. Too many e-commerce businesses think they are profitable because they look at revenue without accounting for the true cost of getting products to customers.

How we solve it

Clean books for online sellers.

We have built our e-commerce bookkeeping process specifically for the way online businesses work. We do not treat your Shopify payouts like simple bank deposits. We break them down, reconcile them properly, and give you books that reflect reality.

  • Platform payout reconciliation (Shopify, Amazon, Etsy, WooCommerce)
  • Multi-channel revenue tracking with per-channel profitability
  • Marketplace fee and payment processing fee breakdown
  • COGS tracking with landed cost calculations
  • GST/PST compliance for multi-province and cross-border sales
  • Inventory valuation and adjustment tracking
  • Refund and chargeback reconciliation
  • Monthly P&L with gross margin analysis
  • Integration with Stripe, PayPal, and other payment processors
The details

How we handle the hard parts.

Platform payout reconciliation

Every e-commerce platform bundles multiple transactions into a single payout. We unbundle them. For Shopify, we reconcile each payout against the individual orders it contains — separating gross sales, discounts, refunds, shipping charges, transaction fees, and Shopify subscription charges. For Amazon, we work with the Settlement Reports to properly account for FBA fees, referral fees, and advertising costs. The result is a set of books where every dollar is accounted for and you can see exactly where your money goes.

Multi-channel profitability

If you sell on multiple platforms, you need to know which channels are actually profitable — not just which ones generate the most revenue. We set up your chart of accounts to track revenue and expenses by channel so your monthly P&L shows you the real margin on Shopify versus Amazon versus Etsy. This is information you need to make smart decisions about where to invest your time and advertising budget.

Sales tax compliance

BC e-commerce sellers collecting GST and PST need accurate tracking across all channels. We reconcile the tax collected by each platform against what was actually remitted and ensure your GST/PST filings are based on clean, verified data. If you are selling across provincial borders or internationally, we help you understand your obligations and set up proper tracking from the start.

Inventory and COGS

Knowing your true cost of goods sold is the foundation of profitability analysis. We track product costs including purchase price, shipping to your warehouse, customs duties, and any other landed costs. For businesses using FBA, we account for Amazon's storage and fulfilment fees as part of your cost structure. The goal is a P&L that shows your real gross margin — not an inflated number that ignores half your costs.

Common tools we integrate with: Shopify, Amazon Seller Central, Etsy, WooCommerce, Stripe, PayPal, Square, Dext, Hubdoc, QuickBooks Online, and Zoho Books. If you use a platform we have not listed, chances are we have worked with it before — just ask.

Common questions

E-commerce bookkeeping FAQ

Yes. We reconcile payouts from all major e-commerce platforms including Shopify, Amazon Seller Central, Etsy, and WooCommerce. We break down each payout into gross sales, fees, refunds, and net deposits so your books reflect the true picture.
We track GST/PST collection across all your sales channels and reconcile against what your platforms report. For businesses selling across provinces or into the US, we help identify your tax obligations and ensure proper filing. We prepare your GST/PST returns based on accurate, reconciled data.
Yes. We set up proper cost of goods sold tracking in your accounting software, including landed costs like shipping and duties for imported products. For inventory, we work with your platform data to maintain accurate valuations and help you understand your true margins.
Multi-channel selling is one of our specialties. We consolidate revenue, fees, and payouts from every platform into a single, clean set of books. You get one P&L that shows your total business performance, broken down by channel so you can see which platforms are most profitable.
E-commerce bookkeeping is priced based on your transaction volume and the number of sales channels. Book a free call and we will give you a fixed quote based on your specific situation.

Selling online? Let us handle the books.

Book a free 30-minute call. We will review your setup and recommend the right plan for your e-commerce business.