E-Commerce Accounting & Bookkeeping Services
We boost ecommerce profits by 21% by saving you US and Canadian taxes through our bookkeeping and tax filing services.
Trusted by Retailers Across Toronto
Our E-Commerce Services by Platform
Bookkeeping and accounting for every online selling platform. Choose yours:
eBay Accounting
Payout reconciliation, marketplace fee tracking, cross-border compliance.
SAL Can Help You If…
- Your e-commerce payouts never match your marketplace sales. No idea why.
- You're double-paying HST because your platform already remitted it to CRA.
- Your payment processor fees are lumped together and impossible to track.
- Your best-selling product might be losing money. And you just can't tell.
E-Commerce Accounting Services
Accounting and bookkeeping services built for any type of e-commerce seller in Toronto.
Reconciling Books
Monthly payout reconciliation across all platforms.
Sales Tax (Canada & US)
GST/HST and multi-state US sales tax compliance.
Inventory & COGS
Cost of goods sold and inventory valuation monthly.
Strategic Planning
Quarterly CPA check-ins and compilation engagements.
Why SAL for E-Commerce Bookkeeping?
Stripe fees, PayPal conversions, FBA charges, platform tax filings. Our ecommerce tax accountants handle this daily.
We take care of:
Real Results
See What Other E-Commerce Sellers Say
Ready to Grow Your E-Commerce Store?
Book a FREE tax strategy call with the best e-commerce CPA in Canada right now!
Frequently Asked Questions
Common questions about e-commerce accounting and bookkeeping services for online sellers.
What is e-commerce bookkeeping?
Tracking and reconciling sales, fees, refunds, and payouts across platforms like Shopify, Amazon, Etsy, and eBay. Ecommerce bookkeeping services handle multiple payment gateways, platform-specific fees, and timing differences between sales and deposits.
Do I need an accountant for my e-commerce business?
If you’re on multiple platforms, triggered US sales tax nexus, or your gross sales don’t match your bank deposits, yes. A general accountant won’t catch platform fee errors or HST double-counting. An ecommerce tax accountant will.
How do I handle sales tax for my online store?
Register for GST/HST once you exceed $30,000/year. Some platforms remit HST to CRA on your behalf. Don’t report that as collected or you pay twice. For US sales, track which states you’ve triggered economic nexus in.
Why doesn't my bank deposit match my platform sales?
Payouts are net. Gross sales never match your bank deposit. The difference: platform fees, shipping, refunds, chargebacks, tax withheld.
What accounting software works with e-commerce platforms?
QuickBooks and Xero. Both integrate with Shopify and Amazon through tools like A2X. But you still need retail bookkeeping services to reconcile payouts, categorize fees, and verify tax collected versus remitted.
How do I manage inventory for accounting purposes?
Opening inventory plus purchases minus COGS equals ending inventory. If COGS exceeds purchases, something’s wrong. An accountant for retailers reconciles this monthly and flags gaps before they become audit problems.
What's the difference between cash and accrual accounting for e-commerce?
Cash basis records revenue when money hits your bank. Accrual records when the sale happens. For e-commerce, accrual gives a clearer picture because of payout timing delays. We have the best ecommerce CPA in Canada who helps you find the most suitable method.
How much does e-commerce bookkeeping cost?
Fees are $800–$1,000/month per entity. It depends on your situation and needs. Book a free call for exact pricing.
Do I need an e-commerce bookkeeper near me?
No. SAL Accounting is based in Toronto, in the Financial District near Union Station, but we work with e-commerce sellers across Ontario online. Payout reports, reconciliation, and tax filing are all done remotely.
