Ecommerce Accounting for Amazon, Shopify and Multi-Channel Sellers

Platform payouts are not your revenue

Amazon, Shopify and eBay deposit net amounts after deducting fees, refunds, advertising costs and FBA charges. A bookkeeper who records the bank deposit as revenue is overstating your income and understating your costs. We reconcile every payout against the platform settlement report so your accounts reflect what you actually earned.

Inventory is an asset, not an expense

Stock purchased is not an expense until it is sold. Expensing inventory immediately produces a misleading profit figure and incorrect tax liability. We account for your cost of goods sold correctly — tracking inventory as an asset on your balance sheet and expensing it when the sale occurs.

VAT for cross-border sellers

Selling into the EU triggers VAT obligations that most generalist accountants are not equipped to handle. EU One Stop Shop (OSS) registration, IOSS for low-value imports, and country-specific thresholds all require specialist knowledge. If you are selling to EU customers and have not addressed your VAT position, you may already have compliance exposure.

We understand platform accounting

Amazon settlements, Shopify payouts, eBay managed payments — each platform reports differently and requires different reconciliation logic. We use A2X and Link My Books to connect your sales channels directly to your accounting software, producing clean, accurate records automatically every month.

Inventory and COGS done correctly

Getting inventory accounting right is the difference between knowing your real margins and guessing. We track your stock correctly as a balance sheet asset and calculate your cost of goods sold accurately — so your management accounts reflect the real profitability of your business, not just your cash flow.

Cross-border VAT handled from day one

If you sell to EU customers, your VAT position needs to be addressed before it becomes a compliance problem. We assess your exposure, handle OSS or IOSS registration where required, and file your returns — so you can sell internationally without the tax risk.

Fixed-Fee Ecommerce Accounting

Ecommerce accounting starts from £175 per month. Pricing scales with your transaction volume, number of channels, and the services required. Use our calculator for an instant estimate.