Bookkeeping For Online Sellers and eCommerce Businesses

Bookkeeping Built for Online Sellers and eCommerce Businesses

Your business moves at the speed of the internet, and your bookkeeping should too! We specialize in helping online sellers keep organized and profitable.

Don't let high transaction volumes overwhelm you. We ensure every sale, refund, and fee is tracked accurately, giving you peace of mind that your books are always up to date.

Stop guessing if you made money this month. Our clear, easy-to-read reports show you exactly what's left after fees, ads, and product costs so that you can make smarter decisions for your store.

Why eCommerce Bookkeeping Is Different From Traditional Bookkeeping

Selling online isn't like running a brick-and-mortar shop. The digital world has its own set of rules, and we know how to navigate them!

eCommerce Bookkeeping

High transaction volume and daily payouts

When you're making sales 24/7, manual entry just doesn't cut it. We have the tools to handle thousands of transactions without breaking a sweat.

Payment processor fees and multi-channel deposits

Stripe, PayPal, and Square all take their cut before the money hits your bank. We make sure those fees are recorded correctly so you aren't overpaying on taxes!

Inventory tracking and cost of goods sold (COGS)

Knowing exactly what your product costs is key to profitability. We help you track inventory accurately so your financial statements reflect reality.

Returns, refunds, chargebacks, and discounts

Customer service is part of the game. We make certain that every return and refund is accounted for, keeping your revenue figures accurate.

Multi-tax rules (GST/PST) and online sales compliance

Selling across provinces? Tax rules can get tricky! We help ensure you collect and remit the right amounts so you stay compliant.

Our eCommerce Bookkeeping Services

We provide a broad range of services carefully crafted to satisfy the unique needs of digital merchants. Whether you're looking for solutions to simplify operations or tools to improve your online presence, our offerings have been designed to support every aspect of your digital business.

  • IconMonthly bookkeeping and transaction categorization
  • IconBank, credit card, and payment processor reconciliation
  • IconTracking Shopify, Amazon, Etsy, and WooCommerce sales
  • IconRecording refunds, returns, and shipping expenses
  • IconExpense tracking and vendor bill management
  • IconInventory and COGS bookkeeping support
  • IconProfit & Loss statements and balance sheet reporting
  • IconGST/PST filing preparation and remittance support

Platforms We Support

We smoothly integrate with the tools you already rely on to run your business, making it easier to simplify your processes without needing to learn or adopt entirely new systems. Whether it’s your project management software, communication platforms, or other essential tools, we guarantee everything works seamlessly.

  • IconShopify bookkeeping
  • IconAmazon seller bookkeeping
  • IconEtsy bookkeeping
  • IconWooCommerce bookkeeping
  • IconSquare, Stripe, PayPal, and payment gateway reporting

Inventory Tracking and Cost of Goods Sold (COGS) Reporting

Inventory is cash on a shelf, waiting to be used. Managing it wisely frees up resources and keeps your business running efficiently.

  • Icon Track every purchase order: Know exactly what's coming in and when!
  • Icon Manage supplier invoices and landed costs: We'll factor in shipping and duties to give you the true cost of your products. It's all about clarity!
  • Icon Understand product-level profitability: Let's find out which products are your winners and which ones are dragging down your margins. Time to optimize for success!
  • Icon Prevent cash flow issues: Avoid overstocking or running out of your bestsellers with our accurate inventory data. Let's make every dollar count.

Managing Multi-Channel Sales and Payment Deposits

Selling across multiple platforms can be overwhelming, but we simplify the process by bringing everything together into a single, clear, and organized picture. Instead of juggling data from various sources, you’ll have a streamlined view that helps you stay on top of your sales, no matter where they’re coming from.

  • Icon Marketplace payout reconciliation: We decode those confusing payout reports from Amazon and Etsy.
  • Icon Handling bundled deposits and transaction splits: We break down lump-sum deposits into sales, taxes, and fees.
  • Icon Tracking merchant fees, subscriptions, and ad spend: Keep a close eye on the hidden costs that eat into your profits.

eCommerce Payroll & Contractor Payment Support

Growing your team? We’re available to make sure your employees are paid accurately and right on schedule, every time. From handling payments to guaranteeing everything runs smoothly, we help you focus on building your team without the stress of payroll issues.

  • Icon Payroll setup and employee payment processing: We set up your payroll system to ensure your staff gets paid accurately.
  • Icon Contractor payment tracking and T4A preparation support: Working with freelancers? We track their payments and help with year-end forms.  
  • Icon CRA payroll remittances and deductions support: We help you stay compliant by calculating and remitting deductions on time.
Bookkeeping For eCommerce Accounting
4.9

Based on 50 reviews

Why Choose Easy Flow Bookkeeping for eCommerce Accounting Support

We aren't just bookkeepers; we are your dedicated partners in growth! We're present to help you navigate the financial side of your eCommerce business so you can concentrate on scaling up and achieving your biggest goals.

  • 1. Experience with online sellers and electronic payment platforms
  • 2. Accurate reconciliation and real profit reporting 
  • 3. Cloud-based bookkeeping with QuickBooks and Xero
  • 4. Clear pricing and consistent monthly support
  • 5. Fraser Valley local bookkeepers with remote service options
WE ARE EXPERT ON THESE SOFTWARE

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Get a Free Consultation for eCommerce Bookkeeping Services

Don't let bookkeeping hold you back from achieving your dreams! Make the first step towards financial clarity today.