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Industry

Accounting for Amazon, Shopify and eBay Sellers

Online sellers rarely have a bookkeeping problem in the usual sense. They have a settlement problem: one deposit hides gross sales, refunds, platform fees, advertising, shipping and reserves.

Booked as revenue, that deposit makes both margin and inventory meaningless. Broken out properly, it tells you exactly which products earn money.

What gets in the way

Where the accounting usually breaks down

Settlements booked as revenue

Net payouts recorded as sales understate revenue and hide fees, refunds and advertising entirely.

Inventory and cost of goods

Without a consistent inventory and COGS method, gross margin moves with purchase timing rather than with sales.

Sales tax and multi-channel data

Multiple platforms, marketplace facilitator rules and nexus questions create reporting that spreadsheets stop handling.

Cash tied up in stock

Profitable sellers still run out of cash because purchasing, ad spend and payout timing are never modeled together.

FAQ

Frequently asked questions

Next step

Let's look at your numbers

Tell us where your books stand today and what you need them to tell you. We will respond with a straight assessment and a recommended next step.