Running an internet-based business has its own set of issues compared to managing a business with physical locations.  First, there are many different types of ecommerce businesses:  e-tailers serving consumers, online businesses, internet marketers, business-to-business internet companies, membership-based sites, businesses supported by advertising revenue, bloggers, ecommerce websites, affiliate marketers, and domain flippers, to name a few.

A few of the unique accounting issues for online businesses include multi-state sales tax responsibility, revenue tracking from multiple systems, proper system selection, and integration issues. You’ll want someone who has already worked with clients with ecommerce accounts on Amazon, EBay, Shopify, and Etsy. It can be a challenge when revenue comes from multiple sources if you don’t have the right accounting system to capture and record it all.

We offer ecommerce businesses the following accounting services:

Accounting software selection, installation, customization, and training
ECommerce system and/or shopping cart selection, installation, customization, training, and integration
Merchant account selection and support
Monthly, quarterly or annual bookkeeping services for ecommerce businesses, including reconciliations, accounts payable and accounts receivable support
Financial report preparation, including assistance in understanding your reports
Chart of Accounts design for better expense management
Inventory management
Mobile accounting functionality
Multi-state sales and use tax reporting and compliance
Payroll software selection, reporting, tax compliance, workers compensation, and other payroll management issues
Benchmarking to your industry
Tax return preparation and planning
And more depending on your specific financial needs

Complimentary Consult

Please give us a call or email us to schedule a free consult to discuss your ecommerce accounting needs.