Award-Winning Bookkeeping for eCommerce in Toronto
Spend Less Time on Numbers, More Time Growing Your Business. Expert E-commerce Bookkeeping.
Real-Time Financial Insights
Our up-to-date and accurate financial report gives you real-time insights into your business performance.
No More Wasted Time.
The average eCommerce business spends more than 20 hours monthly on Bookkeeping alone. Get back the time you need to earn more or rest up.
Avoid CRA & IRS Audits
We know your ambitions are bold. Don't let the CRA discourage you. We will ensure tax compliance and avoid costly tax mistakes.
Goodbye to Financial Stress
Let us give you peace of mind by placing your finances in competent hands and reducing the stress and complexity of bookkeeping.
Our services: Bookkeeping for E-commerce in Toronto
SAL Accounting offers a full range of bookkeeping solutions designed to meet the specific needs of Toronto’s e-commerce businesses, including Amazon Sellers, Shopify Online Stores, Etsy Seller, eBay, WooCommerce, Walmart, BigCommerce, Personal Websites and other platforms.
We are committed to staying up-to-date with industry trends and technology to deliver exceptional service. Our e-commerce bookkeeping services encompass:
Revenue Management
- Monitor sales from various platforms (Shopify, Amazon)
- Recording & classifying sales transactions
- Monthly trends analysis to spot best-selling items & seasonal patterns.
- Comprehensive report for data-driven decisions
Expense Management
- Keep track of your expenses (shipping costs, advertising fees, & inventory purchases)
- Automatically recording and categorizing expenses.
- Tracking Expense Receipt
Inventory Management
- Real-time tracking of stock levels (purchase & sales)
- Optimize inventory turnover & prevent stockouts.
- Assessment & valuation of your inventory
- Tracking returned inventory & unsold items
- COGS calculation
Cloud-Based Based Automated Bookkeeping
- Setup and Integrate Accounting Tools
- Real-time reports to stay updated.
- Monthly, quarterly, and annual financial statements
Stripe, Paypal and Visa Reconciliation
- Reconcile payments from PayPal, Stripe, Moneris and many more.
- Monthly reconciliation reports
- Spot unidentified transactions.
Payroll Accounting
- Covering everything from compensation to compliance
- Ensure your employees get paid timely.
- Filing required tax forms (T4, T4A slips) annually
Tax Preparation and Filing
- Precise & timely GST/HST filing services
- Personal tax return
- Audit Rescue From CRA
- Year-round tax strategy
AR & AP Management
- Record all deposits your business receives.
- Recording and tracking purchase invoices.
- Schedule payments to vendors or suppliers.
Financial Reporting, Analysis and Planning
- Notice-to-reader financial statements
- Strategies to optimize your cash flow
- Analyze financial data to identify areas for cost-saving & profit maximization.
Trusted By Toronto's Up & Coming eCommerce Sellers
As business eCommerce bookkeeping experts, we proudly help Toronto’s eCommerce owners and sellers reclaim their time, grow their businesses, and see actual financial returns.
Visit our other eCommerce Bookkeeping & Accounting services.
50+ eCommerce Businesses Trust Us with Their Bookkeeping. Hear Directly from Them.
With our services, your eCommerce bookkeeping is Taken Care Of, Sales Tracked, Expenses Classified, and Time Saved.
Watch our eCommerce clients share their journey with SAL Accounting and how they benefited from our eCommerce bookkeeping services in Toronto.
Always There When You Need Us.
We're your #1 eCommerce bookkeeping partner. Always available & ready to manage and address your concerns.
Jargon Avoided in Communication
We understand that jargon in communication can be overwhelming. That is why we avoid it to make communication simple and effective.
Trusted & Respectful of Your Time.
Your time matters to us. We always stick to deadlines and pride ourselves on never being late.
Why Our eCommerce Clients Love SAL Accounting.
Only Pay When 100% Satisfied.
Money-Back Guarantee
We believe you should only pay if you're satisfied with our services. And we'll work hard to make that a reality.
CRA & IRS Audit Protection
Every eCommerce owner stresses the potential of being audited. With proactive measures, we try to avoid CRA audits. If audited, we'll handle your CRA audit for free.
Save Money & Time
Save time and money with proactive and consistent support. Enjoy upfront & transparent pricing so you know what to expect.
Why Choose SAL Accounting as an eCommerce Bookkeeper in Toronto?
The Number #1 Bookkeeper for eCommerce Businesses in Toronto
SAL Accounting offers expert bookkeeping services to e-commerce businesses in Toronto. We provide bookkeeping services to e-commerce sellers, selling from online marketplaces like Amazon, Shopify, Etsy, eBay, Walmart, and personal websites. Our team knows how to manage your finances better.
Small to Mid-Sized Online Stores
Our bookkeeping services are crafted to help small and medium e-commerce businesses maintain their books organized and provide financial insight for growth:
- Integrate QuickBooks or Xero to automate financial management.
- Track sales & expenses and categorize them.
- Keep track of stock to avoid running out or having too much.
Large-Scale E-commerce Retailers
Our services for big e-commerce retailers include:
- Handle complex financial matters with top-notch bookkeeping.
- Keep tabs on your inventory & sales info to make intelligent reports.
- Bring in cutting-edge tools to simplify your books.
Etsy and Handmade Product Sellers
If you sell handmade items on sites like Etsy, our special bookkeeping services are for you, which include:
- Cut sales costs through skilled bookkeeping.
- Automate record-keeping processes to track sales trends accurately.
- Manage inventory, fees, and expenses well.
- Provide complete financial reports to help businesses grow.
Subscription-Based E-commerce Businesses
Good financial records are fundamental for subscription models. We offer services to meet these specific needs:
- Provide accurate bookkeeping for subscription businesses.
- Ensure revenue recognition & tax compliance are correct.
- Give detailed reports and track subscriptions.
Personal Website and Independent E-commerce Sellers
For people who run their own websites or independent e-commerce businesses, our bookkeeping services offer:
- Customized bookkeeping to fit your specific business requirements.
- Precise monitoring of sales and costs to boost financial well-being.
- Routine financial reports to keep you updated.
- Expert advice to increase your business’s profits and expansion.
Dropshipping Businesses
Dropshipping presents unique financial challenges; we’ve made our services to help with that.
- Track orders & expenses accurately without holding inventory.
- Give in-depth reports for drop-shipped items.
- Integrate bookkeeping tools to manage finances in real-time.
- Make the most profit by managing expenses.
A Message from Our CPA
“Hey there! I’m the founder of SAL Accounting. Bookkeeping can be overwhelming for e-commerce businesses, but don’t worry — we’re here to simplify everything. My team and I are dedicated to managing your books in a precision and timely manner, analyzing trends to find best-selling items, and avoiding stockout and overstock, which save time and help you grow your business. Trust us to handle the details so you can get back to growing your business.”
M. SALMAN
Connect with Award Winning eCommerce Bookkeeper Accountants in Toronto
M.SALMAN, CPA
Alex Hart
Sarah Zeyneb
Jazz Thind
FAQs: E-commerce Bookkeeping Services Toronto
What platforms do you support for e-commerce bookkeeping in Toronto?
Our bookkeeping services cover Amazon Seller Central, , Etsy, eBay, WooCommerce, Walmart, BigCommerce, and personal websites.
How do you manage revenue from multiple sales channels?
We track and record sales from different platforms, look at monthly patterns and give you complete reports to help you make choices based on data.
Do you offer cloud-based bookkeeping solutions?
Yes, we provide cloud-based bookkeeping services like QuickBooks Online and Xero, which integrate with your e-commerce platforms to give you up-to-date reports and create quarterly and yearly financial statements.
How do you handle inventory management?
Our inventory management services go beyond simply tracking inventory levels in real time. We track stock levels in real-time, ensure optimum inventory turnover, determine how much inventory is worth, and determine the cost of goods sold (COGS).
Can you help if I'm behind on my Bookkeeping?
For sure! We provide cleanup and catchup services to get your books back in order and set up systems to keep them current.
Can you reconcile my bank and credit card statements?
Yes, we match up bank statements and payments from other payment processors like PayPal and Stripe and give you reconciliation reports each month.
Do you manage payroll accounting?
Yes, we handle all parts of payroll accounting and management. We ensure employees get paid on time and take care of tax form filings like T4 and T4A slips.
What tax preparation services do you offer?
We file GST/HST, do personal tax returns, help with CRA audits, and advise on understanding and navigating tricky tax laws.
How do you manage accounts receivable (AR) and accounts payable (AP)?
We keep track of deposits, log purchase invoices, and plan when to pay vendors or suppliers.
What financial reporting and analysis do you provide?
We create Notice to Reader financial statements, help with budgets and forecasts, look at how profitable things are, and develop ways to improve cash flow.
Do you offer tax filing services?
We handle business tax prep and filing but team up with our CPA to file personal income taxes.
Is it necessary to have an e-commerce bookkeeper near me?
No, you don’t need to. We offer our services online and offline, so we can help e-commerce businesses no matter where they’re based.
How do I know Which pricing plan is suitable for my business?
Choosing the correct pricing plan for your business is tricky and depends on your service requirements. We have both fixed-price services and customizable bookkeeping solutions. Book a free consultation call; our team will guide you in selecting the best plan to meet your needs.
Where is SAL Accounting located?
We are in the heart of downtown Toronto. Our office address is 330 Bay Street, minutes from Union Station and CN Tower.
Schedule a FREE Consultation to Discuss Your Bookkeeping Needs.
Ready to save time and money on bookkeeping? Don’t delay. Reach out today to schedule a free consultation on making your bookkeeping for e-commerce owners and retailers simple and stress-free.