Growing sales can make bookkeeping harder. Payouts, refunds, platform fees, inventory, advertising and GST/HST can make it difficult to see what you actually made.
Take the Free E-Commerce Financial Health Score™Book a ConsultationYour sales are not the whole story.
Research on e-commerce accounting consistently highlights payout reconciliation, platform fees, inventory/COGS, cash flow and sales-tax records as areas requiring careful bookkeeping.
Net payouts can include fees, refunds and adjustments.
Inventory and COGS affect the profitability picture.
Fees need to be separated from revenue for useful reporting.
Purchases, returns and COGS need to connect to the books.
Canadian GST/HST records need to support the amounts reported.
Inventory, ads, bills, taxes and payout timing affect cash flow.
Take the quick score to see where your bookkeeping may need attention.
Answer 8 questions. Your answers produce a 0–100 score and identify bookkeeping priorities.
Bookkeeping experience.
Attention to payouts, inventory, fees, taxes and reporting.
Clean, current books and useful reports.