Outsourced E-commerce Accounting Service
Preparation of Financial Statements (Balance Sheet & P&L on Accrual and Cash Basis)
Preparation of Financial Statements (Balance Sheet & P&L on Accrual and Cash Basis)
We create detailed Balance Sheets and Profit & Loss Statements tailored to the unique challenges of e-commerce businesses. As a leading provider of outsourced eCommerce accounting services for businesses based in the USA, Canada, UK & worldwide. we produce both accrual-basis reporting for investors and lenders and cash-basis reports for tax purposes from the same data set. Each statement ties back to marketplace data (Amazon, Shopify, Walmart, TikTok), payment processors, and bank feeds to ensure nothing is missed. We also perform income/expense reconciliations across platforms, Form 1099 reconciliations, intercompany transaction reconciliations, and coordinate with your CPA at year-end. This approach provides investor-ready, management-ready, and tax-ready financials at once.
Benefits
- One set of books serving both management and tax needs
- Clean reconciliations across multiple platforms
- Faster tax preparation and reduced CPA hours
- Reliable investor-ready statements
Deliverables
- Monthly or quarterly P&L and Balance Sheet (accrual & cash)
- Income/expense reconciliations per marketplace
- Form 1099 reconciliations & intercompany reconciliations
- Year-end schedules for CPA/tax filing
SKU Profitability Reports at Marketplace Level
Knowing which products are truly profitable can be the difference between scaling and losing cash. As part of our eCommerce accounting & bookkeeping services, we build SKU-level profitability reports by pulling data directly from Amazon Seller Central, Vendor Central, Shopify, Walmart, or other platforms. These reports account for landed costs, fulfillment fees, returns, discounts, and advertising spend, giving you a true net margin by product and by channel. We also provide industry benchmarking, product-category analysis, and margin summaries to guide pricing, ad spend optimization, and product discontinuation decisions.
Benefits
- Clear visibility into which products and channels drive profit
- Data-driven pricing and marketing decisions
- Reduced wasted ad spend
- Better product lifecycle planning
Deliverables
- Monthly or quarterly SKU profitability report (Excel/PDF/dashboard)
- Product category margin summaries
- Break-even and pricing analysis sheets
Inventory & COGS Calculations (including landed costs & FIFO-based COGS)
Accurate inventory and COGS calculations are critical for e-commerce sellers. Our outsourced eCommerce accounting services for businesses based in the USA,Canada, UK & worldwide track purchases, inbound shipments, fulfillment center transfers, and returns to compute real-time inventory values. Landed costs, duties, and shipping costs are applied to COGS to ensure gross margin accuracy. FIFO or other costing methods can be applied to stay GAAP-compliant. Freight is allocated based on volume/cubic meter, duties/tariffs by niche are factored, and every SKU reflects its true cost.
Benefits
- Accurate gross margin reporting
- Better pricing and replenishment decisions
- Compliance with GAAP/tax rules
- Clear view of true landed cost per SKU
Deliverables
- Monthly inventory valuation reports
- Detailed landed cost/COGS schedules per SKU
- FIFO/weighted average COGS calculations
Periodic Physical Inventory Reconciliation
Marketplace reports don’t always tell the full story. Our eCommerce accounting & bookkeeping services include periodic physical inventory reconciliations to match your books with actual inventory in warehouses or fulfillment centers. Amazon warehouses, 3PL warehouses, inventory in transit, open POs, and production goods are all included. Discrepancies are identified and investigated to prevent sudden write-offs and maintain investor confidence.
Benefits
- Early detection of shrinkage or mis-shipments
- Accurate financial statements
- Better replenishment and purchasing decisions
- Enhanced investor and lender confidence
Deliverables
- Physical vs. book inventory reconciliation report
- Discrepancy/variance report
- Adjusting journal entries for stock differences
Investor-Ready Financial Statements (Business Preparation for Sale)
Planning to sell your business or raise capital? Our outsourced eCommerce accounting services for businesses based in the USA,Canada, UK & worldwide ensure your books meet high scrutiny standards. We prepare investor-ready financials that are clean, well-documented, and formatted for brokers, buyers, or VCs. Normalizing adjustments, separating discretionary expenses, reconciling accounts, and creating add-back schedules for SDE (Seller’s Discretionary Earnings) ensures you are ready for due diligence.
Benefits
- Higher perceived value and smoother due diligence
- Reduced buyer risk and faster deal closure
- Professional presentation of financials
- Less stress at exit time
Deliverables
- Investor/buyer-ready P&L and Balance Sheet
- Normalization & add-back schedules
- Supporting reconciliations and workpapers
Inventory Forecasting & Planning
Running out of stock or overstocking costs money. Our outsourced eCommerce accounting services for businesses based in the USA,Canada, UK & worldwide build inventory forecasts using historical sales, seasonality, and lead times. Integrated forecasting with accounting data shows financial impact alongside units, helping with cash flow planning.
Benefits
- Fewer stockouts and reduced excess inventory
- Lower carrying costs and better cash flow
- Data-driven purchasing decisions
- Improved supplier negotiations
Deliverables
- Monthly/quarterly inventory forecast report
- Cash-flow impact schedule
- Reorder recommendations
Tracking Reimbursements From Amazon & Resolving Cases
Amazon often owes sellers money for lost/damaged inventory, incorrect fees, or returns. Our eCommerce accounting & bookkeeping services proactively track these discrepancies and file claims to recover funds, improving overall marketplace profitability without extra admin effort.
Benefits
- Recover lost revenue without extra admin
- Increased profitability per SKU
- Full visibility on claim status
- Reduced manual tracking of reimbursements
Deliverables
- Monthly reimbursement tracking report
- Claim filing log with status updates
- Summary of recovered funds
Our Services Can Be Integrated With Various Software
Our expertise, backed by the best industry software, ensures seamless accounting and bookkeeping solutions.
Gusto
All-in-one payroll, benefits, and HR management platform.
QuickBooks
Streamlined cloud accounting for businesses of all sizes.
ADP
Comprehensive payroll, HR, and compliance solutions for enterprises.
Fathom
Visual financial analysis and performance reporting for business
Xero
Smart online accounting software simplifying financial management
Shopify
Shopify empowers entrepreneurs to build and grow online stores.
Zoho
Powerful automation-driven platform for modern business accounting.
Bill.com
Simplify payables and receivables with automated bill management.
Wave
Free, easy accounting and invoicing for small businesses.
Hubdoc
Automatically captures, organizes, and syncs financial documents securely.
Ramp
Corporate card and finance automation for smarter business spending.
Taxjar
Automates sales tax calculations, reporting, and filing easily.
Slack
Real-time messaging and collaboration platform for modern teams.
Asana
Organize, track, and manage projects efficiently across teams.
Airtable
Flexible database tool blending spreadsheets with project management
Most Popular Questions
Find answers to the most frequently asked questions about our services. Explore solutions and insights to help you make informed decisions.
Get a Quote
Quick and Easy Pricing for Your Needs
Yes. We routinely prepare books on an accrual basis for management purposes and then convert them to a cash basis at year-end for tax compliance. This ensures your CPA receives accurate, tax-ready numbers while you maintain meaningful insights for decision-making.
Absolutely. We reconcile sales and fees across all major e-commerce platforms — including Amazon, Shopify, Walmart, Etsy, and TikTok — as well as payment gateways such as PayPal, Stripe, and Shopify Payments to ensure your revenue is fully accounted for and matched to deposits.
Yes. We combine data across all channels to present a single, consolidated view of your business performance — including SKU-level profitability, channel-wise margins, and inventory movement. This allows you to see the complete financial picture across your entire operation.
Yes. We collaborate closely with your CPA during tax season, providing reconciled schedules, supporting documentation, and explanations to make your filings smooth and accurate — saving you time and reducing back-and-forth communication.
Definitely. We integrate data from Amazon Ads, Meta, Google Ads, and other platforms, reflecting ad spend, refunds, and chargebacks in your books. This helps you track true net profitability after marketing and returns — not just topline sales.
Yes. All marketplace-specific fees — such as referral fees, FBA charges, storage fees, and shipping costs — are categorized separately for transparency and accurate margin analysis.
Yes. We allocate all such costs at SKU level.