Industries · E-commerce
Payouts aren’t revenue.
We untangle them.
Shopify, Amazon, Etsy and payment processors pay you net of fees, refunds and reserves. We reconcile platform payouts back to real sales, track sales tax by province and keep inventory costs where they belong.
Sound familiar?
Your bank shows deposits that don’t match any order.
You sell to customers in several provinces.
You’re not sure what your margin is after fees and shipping.
Challenges
The bookkeeping problems we see most often.
- APayout reconciliation
- One deposit can represent dozens of orders, minus fees, refunds and chargebacks. Recording the deposit as revenue understates both sales and expenses.
- BProvincial sales tax
- Customers in different provinces may be charged different rates. Your records need to show what was charged where.
- CInventory & COGS
- Profit depends on recording inventory purchases and cost of goods sold properly, not as they are paid.
- DApp sprawl
- Multiple platforms, processors and apps each produce their own reports.
Services
Tax notes
Tax considerations
General information based on standard CRA rules — not advice for your situation. We’ll confirm what applies to you.
- Registration
- The $30,000 small supplier threshold generally applies to total taxable sales across all channels.
- Place of supply
- For many sales the applicable rate depends on where the customer is located.
- Marketplace rules
- Some platforms collect and remit tax on certain sales. Your records need to distinguish those sales.
Workflow
A typical year with us
- 01
Connect
Platform reports and processors linked to your accounting.
- 02
Reconcile
Payouts matched to gross sales, fees, refunds and tax.
- 03
Inventory
Purchases and cost of goods sold tracked by period.
- 04
File
GST/HST and year-end returns from reconciled data.
Reporting
What you’ll see each month
- Gross sales vs. net payouts by channel
- Fees, shipping and refunds as a share of revenue
- Gross margin after cost of goods sold
- Sales tax collected by province
Tools we commonly work with
- Shopify
- Amazon Seller Central
- Etsy
- Stripe / PayPal
- QuickBooks Online
- Xero
- A2X-style connectors
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Let’s talk about your business.
Tell us where things stand. We’ll review it, talk it through with you, and send a written scope before any work begins.
- 01Tell us about your situationA short form — no documents needed.
- 02We talk it throughA conversation about what you need and what you don’t.
- 03You get a written scopeClear deliverables and a quote before anything starts.