Ecommerce accounting

Ecommerce accounting services for online sellers

One set of accounts across every channel you sell on, built by accountants who work with online brands all day and nothing else.

  • Every channel in one place
  • Inventory handled properly
  • Reporting you can act on

Where ecommerce accounting goes wrong

Online sellers rarely have a bookkeeping problem in the ordinary sense. They have an attribution problem: money arrives net, stock moves through warehouses they do not own, and costs land in different months from the sales that caused them.

01

Revenue that arrives already netted

Marketplaces pay net of their own fees. Payment processors do the same. The number that hits your bank is the end of a long subtraction you never saw.

We reconstruct the gross figure and every deduction, for each channel, so you can compare Amazon against Shopify on equal terms instead of comparing two different net numbers.

02

Stock that nobody values correctly

Inventory is usually the largest number on an ecommerce balance sheet and the one most often wrong. Expensing purchases is the common error; ignoring freight and duty in unit cost is the subtler one.

We hold stock at landed cost and release it as it sells. Margins become stable and comparable, and the balance sheet starts telling the truth about how much of your cash is sitting in boxes.

03

Advertising measured against the wrong thing

Ad spend is often judged against revenue, which flatters it. Revenue does not pay for anything; contribution does.

We put advertising next to contribution margin by product and channel, so the question becomes whether a campaign earned more than it cost after all fees and landed cost, which is usually a different answer.

04

Cash and profit confused

A profitable ecommerce brand can run out of money, because growth means buying stock before you sell it. Profit and cash move apart exactly when it matters.

We forecast cash separately from profit, around reorder dates and payout timing, so a decision to scale is made with the cash picture in front of you rather than after the fact.

Every channel in one set of accounts

Keeping channels in separate spreadsheets is the most common reason a brand cannot say where a product performs best. Brought into one ledger with channel-level reporting, Amazon and Shopify can finally be compared after each one’s own fees, returns and acquisition cost — which is the only comparison worth making.

What we do for ecommerce brands

From clean books through to the decisions they support.

  • Multi-channel bookkeeping — Amazon, Shopify, Walmart, TikTok Shop, Etsy, eBay and WooCommerce in one ledger
  • Payout and settlement reconciliation — every marketplace and processor tied back to bank
  • Inventory and landed cost — unit cost including freight, duty and inbound shipping
  • Cost of goods sold — released as stock sells, not when it is paid for
  • Monthly financial statements — P&L, balance sheet and cash flow
  • Management accounts — profit by product, channel and month
  • KPI reporting — margin, contribution, inventory turns and cash runway
  • Budgets and forecasts — built around your reorder cycle
  • Year-end and CPA liaison — accounts prepared and handed over cleanly
  • Software setup and migration — QuickBooks or Xero, connected properly to your channels

How working with us starts

Three steps, and the first one costs nothing.

Free 30-minute call

We look at how you sell, what state the books are in and what you actually need. If we are not the right fit we will say so on that call.

Setup and catch-up

We connect your channels, bank and accounting software, agree the chart of accounts, and bring any back months up to date so we start from something accurate.

Monthly rhythm

Your close lands on the same date every month, with the reporting your plan includes and a named accountant who already knows your account.

Clear monthly pricing

Three plans, no hourly billing. Larger or multi-entity brands are quoted individually.

Plan 01

Accounting & Bookkeeping

Clean, reconciled books and accurate accounts, every single month.

Starts at
$500/mo
  • Monthly bookkeeping
  • Amazon, Shopify & bank reconciliations
  • Inventory & COGS tracking
  • Monthly P&L, balance sheet & cash flow
  • Year-end accounts for your CPA
  • Dedicated accountant
Book a call
Plan 02

Management Accounting

Your books, plus the insight to know exactly what makes money.

Starts at
$1,250/mo
  • Everything in Plan 01
  • Profit by product & channel
  • Monthly management report pack
  • KPI dashboard
  • Budget vs actual
  • Monthly review call
Book a call
Plan 03

CFO & Forecasting

Senior financial leadership to plan cash, stock and growth.

Starts at
$2,500/mo
  • Everything in Plan 02
  • 13-week cash-flow forecast
  • Budgets & forecasting
  • Inventory & reorder planning
  • Pricing & margin strategy
  • Monthly CFO strategy meeting
Book a call

What our clients say

★★★★★

Bexford made switching from my previous accountant completely painless. They handled everything and my tax return was filed ahead of schedule. Highly professional and always available.

James H.Freelance IT Consultant, Austin
★★★★★

The fixed monthly fee is great — I know exactly what I'm paying. The tax efficiency advice has already saved me more than the annual fee. I'd recommend Bexford to any growing small business.

Mohammed K.Sole Proprietor, E-commerce, Denver
★★★★★

I run a small architecture practice and Bexford handles everything — quarterly bookkeeping, annual accounts, owner compensation structuring. Wish I'd found them sooner. Absolutely five stars.

Rachel B.Owner, Architecture Practice, Charlotte

Ecommerce accounting questions, answered

An ecommerce accountant keeps the books for an online business and turns them into decisions. In practice that means reconciling marketplace and processor payouts, tracking inventory and cost of goods sold, producing monthly management reports, and advising on cash, pricing and growth. The accounting itself is standard; what differs is knowing how marketplaces actually behave.
Amazon, Shopify, Walmart, TikTok Shop, Etsy, eBay and WooCommerce, plus the payment processors behind them. Most of our clients sell on more than one, and the value usually shows up in seeing them compared properly rather than in any single channel.
Accrual, in almost every case. Cash basis tells you when money moved, which for an inventory business is close to meaningless: it makes the month you reorder look like a disaster and the month you sell through look like a triumph. Accrual matches cost to the sale that caused it, which is the only way margin means anything. There are narrow situations where cash basis is acceptable for tax, and we will say so if yours is one.
For signing and filing US tax returns, yes, and we work alongside one. The distinction is that we do the monthly accounting and the management reporting, and the CPA handles the filing position and the signature. Many sellers try to get both from a tax-focused CPA and end up with compliance once a year and no visibility in between.
Marketplace facilitator laws mean Amazon, Walmart and similar platforms collect and remit sales tax on your marketplace sales in every state that has one. Your own store is a different matter, and economic nexus can create obligations. We keep the records so the position is clear and work with a CPA or a specialist for registrations and filings.
Mostly brands past the point where spreadsheets stop coping and before the point of hiring a finance team in-house. If you are doing a few orders a month, honest answer: you do not need us yet. If you are making stock, pricing and funding decisions and guessing at the numbers, that is where the work pays for itself.
Three plans: $500 a month for accounting and bookkeeping, $1,250 for management accounting with profit by product and channel, and $2,500 for CFO and forecasting support. There is no hourly billing, and larger or more complex brands are quoted individually.
Yes, and most clients do. We review what exists, correct what needs correcting, and agree a clean starting point so the year-end is not a reconstruction job. Taking over mid-year is usually easier than waiting, because the longer a problem sits in the books the more it has propagated.

Find out what your numbers are actually telling you

A free 30-minute call. We will look at how you sell, where the books stand, and whether we can help. No obligation either way.