Amazon Accounting & Bookkeeping Services
We help 7-figure Amazon sellers in Canada and the US by doing monthly bookkeeping, sales tax filing (HST and US), and payout reconciliations.
This Service Is For You If…
- You're Canadian with a 1099-K from Amazon. Your accountant is lost.
- You're selling on Amazon.com from Canada and got a 1099-K. Now what?
- Your Seller Central "profit" looks great, but your bank account disagrees.
- Your best-seller might be losing money after FBA fees. You'd never know.
Our Amazon FBA Accounting Services
We offer Amazon seller bookkeeping and full tax compliance in Canada and the US.
Seller Central Reconciliation
- Connect Seller Central to QuickBooks or Xero
- Match disbursements to your bank
- Decode Amazon settlement reports
FBA Fee Tracking
- Track referral, fulfillment, and storage fees
- Catch overcharges from wrong dimensions
- Claim reimbursements for lost inventory
Sales Tax (Canada & US)
- File GST/HST when Amazon remits for you
- Register in US states where you owe tax
- Handle 1099-K for Canadian sellers
Inventory & COGS
- Sync COGS with Seller Central
- Inventory valuation for FBA stock
- Profitability by SKU
Selling on Other E-commerce Platforms?
How We Handle Your Amazon FBA Accounting
Here are the steps you need to take if you choose our Amazon FBA accountants.
1. Free Amazon Tax Strategy Call
We review your Seller Central account, flag US states where you owe sales tax, and handle your GST/HST. Straight answers from an Amazon tax accountant.
2. Setup & Integration
We connect your Seller Central to QuickBooks or Xero using A2X or Link My Books, mapping FBA fees, and setting up COGS tracking from day one.
3. Ongoing Support
Monthly Amazon FBA bookkeeping, FBA fee tracking, US sales tax filing, GST/HST remittance, and quarterly check-ins with a CPA for Amazon sellers.
Why Amazon Sellers Choose SAL?
FBA Fee Expertise
Amazon charges 70+ fee types. Most accountants lump them together. Our Amazon tax accountants break them out for better clarity.
Cross-Border Compliance
Selling on Amazon.com from Canada? You need a T2 here and often a 1120-F in the US. Our Amazon bookkeeping services reconcile both.
Free Audit Support
CRA or IRS audit? We represent your Amazon business for free. Other firms often charge extra for audit work.
Our Amazon Seller Stories
See What Toronto Amazon Sellers Say
Excellent4.9200 reviews
4.9Excellent200 reviewsTrustindex verifies that the original source of the review is Google.
Although they were unable to take on my accounting project because I approached them relatively close to the deadline, I truly appreciate the free and honest professional advice they provided. They helped point me in the right direction when I was receiving contradictory advice from other accounting firms. Genuine, knowledgeable, and trustworthy professionals who prioritize quality over simply taking on more clients. My understanding is that they primarily work with high-revenue companies.Trustindex verifies that the original source of the review is Google.
Wonderful company giving real advice, they sorted it out for me like a breeze and quick, they know every scenario and give you what's best. 100% recommend!Trustindex verifies that the original source of the review is Google.
Before engaging with SAL Accounting, sorting out payouts across Amazon and Shopify in different currencies literally used to eat up half of my week!!! That's like spending 6 months a year only on currency management. Bringing in SAL Accounting’s team was an absolute game-changer. They simplified our bookkeeping needs and showed us what our margins actually look like per channel. Thanks to SAL Accounting team!!Trustindex verifies that the original source of the review is Google.
As someone who runs an Amazon store in the US while operating in Canada, I had several questions about bookkeeping, taxes, and how to keep my records organized. SAL Accounting’s team helped me understand the process and gave me clear direction on what needed to be done. The team was patient, approachable, and supportive, which made the experience much less overwhelming. I will be sure to book them for this and the upcoming years.Trustindex verifies that the original source of the review is Google.
Great experience with SAL accounting, made the tax season stress freeTrustindex verifies that the original source of the review is Google.
Amazing services!Trustindex verifies that the original source of the review is Google.
Friendly and professional - conveniently accessed through Google Meet.Trustindex verifies that the original source of the review is Google.
Very knowledgeable and helped me think through a very complicated cross-border tax issue. Even the free exploration call answered a lot of questions!Trustindex verifies that the original source of the review is Google.
We have now been working with SAL Accounting for a few years & have been well looked after and very happy with the services Salman and his team provide. This tax season our cross-border returns were handled by AJ and he raised the bar with excellent service. AJ is great. He not only has very good knowledge and experience, but also importantly so, he has such an excellent temperament. He is respectful, proactive, responsive, patient in that he takes time to explain things. I have really enjoyed working with AJ this year & trust both the filings done this year will be without any issue. We look forward to the years ahead.Trustindex verifies that the original source of the review is Google.
Intro call with Sal was extremely informative and helped me determine how best to proceed with incorporating in the US/CAD!Verified by TrustindexTrustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more
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Accounting & Bookkeeping in North York
Get Started Today!
Talk with our Amazon FBA accountants in Toronto and find the right solution for your store needs.
What is Amazon bookkeeping?
Tracking sales, FBA fees, refunds, and expenses from Seller Central. Then reconciling settlements to your bank and filing GST/HST and US sales tax. Amazon FBA bookkeeping turns messy reports into clean books.
Do I need to pay tax if I sell on Amazon?
Yes. Once you pass $30,000 in sales, register for GST/HST. Amazon remits some, but not all. If you sell on Amazon.com from Canada, you may also owe US sales tax.
How much tax does Amazon charge?
Amazon doesn’t charge you tax. It collects sales tax from customers and remits it in most US states and some Canadian provinces. But Amazon’s reports don’t always match what you need to file. An Amazon tax accountant reconciles this.
What percentage does Amazon take from a sale?
Amazon takes 8–15% in referral fees plus FBA fees for storage and fulfillment. On a $100 sale, you might keep $60–$70. An Amazon tax accountant tracks every fee so you see your real margins.
Does Amazon integrate with QuickBooks?
Not directly. Tools like A2X or Link My Books connect Seller Central to QuickBooks or Xero. But software alone isn’t enough; Amazon bookkeeping services catch errors the tools miss.
What are the best tools for Amazon FBA bookkeeping and accounting?
A2X and Link My Books. Both connect Seller Central to QuickBooks or Xero. Sellerboard is good for dashboards but doesn’t do bookkeeping. You still need Amazon bookkeeping services to file taxes and catch errors.
How much can you realistically make selling on Amazon?
It depends on your product and margins. Some sellers make a few hundred a month, others clear six figures a year. The difference is knowing your real numbers, not just Seller Central revenue.
How much does Amazon FBA bookkeeping cost?
Around $800–$1,000/month per entity at SAL Accounting. Includes settlement reconciliation, sales tax filing, and quarterly CPA check-ins. Book a free call for exact pricing.
Should I use cash or accrual accounting for Amazon?
With cash accounting, you record income when Amazon deposits funds. It’s simple, but not the right approach. Accrual accounting ties revenue to the actual sale date, which is what CRA requires. QuickBooks or Xero paired with A2X can do either. During an audit, CRA will request your Seller Central reports, so accrual is the safer choice.
Do I need an Amazon bookkeeper near me?
No. Amazon seller accounting is done online. SAL Accounting is in Toronto’s Financial District, minutes from Union Station, but we work with online sellers across Ontario and the US remotely.















