E-commerce Accounting
Why E-commerce Accounting Matters
E-commerce businesses move fast and face accounting challenges that traditional bookkeeping doesn’t address. Multiple sales channels, inventory complexity, shipping costs, and constantly changing sales tax rules can quickly lead to inaccurate reporting or compliance issues.
At BlancPeak, we provide specialized ecommerce accounting services tailored to online businesses. From integrating platforms like Shopify, WooCommerce, and Amazon to managing multi-state sales tax compliance, our CPAs keep your books accurate, your taxes compliant, and your cash flow clear — so you can focus on scaling with confidence.
What's Included
- Sales and revenue reconciliation across ecommerce platforms
- Multi-state sales tax reporting and compliance
- Integration with Shopify, Amazon, WooCommerce, and other platforms
- Inventory and cost of goods sold (COGS) tracking
- Merchant fees and chargeback reconciliation
- CPA-prepared financial reports for informed decision-making
We Help With
- Multi-state sales tax compliance challenges
- Reconciling sales across multiple ecommerce platforms
- Revenue, shipping, and inventory cost misclassification
- Inconsistent tracking of merchant fees and chargebacks
- Limited visibility into margins and profitability
Explore More Business Accounting Services
E-commerce accounting has unique sales and compliance needs and works best alongside related business accounting services. Explore other services in our Business Accounting category:
- Bookkeping Services — accurate, up-to-date books with CPA oversight
- Payroll Services — compliant payroll processing with tax and employee reporting
- Financial Statement Preparation — professional balance sheets, income, and cash flow statements
- Quickbooks & Xero Setup — software setup and optimization for seamless accounting
- Nonprofit Accounting — tailored compliance and donor reporting for nonprofits
- Real Estate Accounting — accounting expertise for property owners and investors
- Medical Practice Accounting — specialized support for healthcare practices
FAQs: E-commerce Accounting
Strong e-commerce accounting supports accurate reporting, tax compliance, and informed decisions. These FAQs explain how ecommerce accounting differs from traditional bookkeeping, sales tax obligations, platform integrations, inventory accounting, and international sales considerations.
Why is e-commerce accounting different from regular bookkeeping?
E-commerce accounting involves complexities such as multi-channel sales, inventory management, payment processor fees, and constantly changing sales tax rules. Traditional bookkeeping often overlooks these factors, leading to inaccurate revenue, margin, and tax reporting. E-commerce-focused accounting is designed specifically around online business models and platforms.
Do I need to collect sales tax in every state I sell to?
Not necessarily. Sales tax obligations depend on nexus, which can be created by physical presence, sales volume, or transaction thresholds in a state. Because ecommerce businesses often sell nationwide, determining where you’re required to collect and file can be complex. We help identify your obligations and ensure accurate, timely filings.
Can you integrate my sales platforms with accounting software?
Yes. We integrate platforms such as Shopify, Amazon, WooCommerce, and payment processors directly with QuickBooks or Xero. This reduces manual data entry, improves accuracy, and provides real-time visibility into your financial performance.
How do you handle inventory accounting for ecommerce businesses?
We track inventory purchases, cost of goods sold (COGS), returns, and adjustments to ensure accurate financial reporting. Proper inventory accounting helps you understand true margins, avoid overstating income, and make informed pricing and purchasing decisions.
What if I sell internationally?
International sales introduce additional complexity, including foreign currency transactions, VAT, and customs duties. We structure your accounting systems to handle cross-border activity while maintaining compliance with US and applicable international tax requirements.
