For Shopify Stores
accurate reporting of gross sales, discounts, and refunds, along with complex foreign exchange and sales tax variables.
Multi-Processor Settlement: Shopify Payments, PayPal, or Stripe reconciled to bank deposits,
Accurate inventory valuation and true COGS & profit margin
Custom chart of account in QBO that meets the multistore reporting requirement
For Amazon Stores
accurate reporting of gross sales, discounts, and refunds, along with complex foreign exchange and sales tax variables.
Multi-Processor Settlement: Shopify Payments, PayPal, or Stripe reconciled to bank deposits,
Accurate inventory valuation and true COGS & profit margin
Custom chart of account in QBO that meets the multistore reporting requirement
For Whole Sellers
Reconciliation of Bulk Sourcing Transactions from Walmart and Major Retailers to Bank Activity
High-Volume Management of Virtual Debit Cards, Venmo, and Online Payment Processor Statements
Detailed Tracking of Discord Channel Sales and Private Payouts for Professional Ledger Accuracy
Custom Chart of Accounts in QBO Built to Handle Rapid Inventory Turnover and Scaling Margins
For Etsy
Accurate Reconciliation of Gross Sales, Listing Fees, and Marketing Costs to Bank Deposits
Detailed Capture of Etsy Payment Data, Including Refunds, Offsite Ads, and Foreign Exchange
Inventory and COGS Valuation Tailored for Handmade and Material-Based Businesses
Custom Chart of Accounts in QBO Designed for Creative Platform Reporting Requirements
For Incorporated contractors
Reconciliation of Project Invoices and Professional Fees to Corporate Bank Deposits.
Strategic Categorization of Business Expenses, Home Office, and Vehicle Use for Tax Efficiency.
Shareholder Compensation Planning, Including the Preparation of T4 and T5 Tax Slips
Accurate Corporate Reporting to Maintain Compliance with CRA General Ledger Standards
Frequently Asked Questions
Do you charge monthly bookkeeping fees?
No. We operate on a one‑time annual fee at tax season. No monthly retainers, no ongoing commitments.
Will I still get monthly Profit & Loss reports?
Yes. Even though we upload annually, every transaction is posted date‑by‑date, giving you a clean monthly P&L breakdown inside QBO.
How do you handle Shopify and Amazon sales?
We manually reconcile your Shopify and Amazon reports to your bank deposits and post summarized journal entries for revenue, refunds, returns, fees, and taxes.
Is annual bookkeeping right for my business?
Annual upload works best for sellers under $1.5M in yearly revenue who don’t have monthly or quarterly CRA reporting requirements and simply need accurate general ledger based books at year‑end for tax filing.
Do you offer quarterly bookkeeping?
Yes. Quarterly closing is available for larger sellers or anyone who needs more frequent financial insight. Pricing is case‑by‑case. We currently do not offer monthly closing.
What if my bookkeeping is messy or incomplete?
If you provide your own bookkeeping, it must be clean and reconciled. Any cleanup work is billed at an hourly rate, with an estimate provided before we start.
Can you help me set up my QBO file?
Yes. For clients who want to do their own bookkeeping, we set up and customize your QBO chart of accounts to match eCommerce reporting requirements and simplify year‑end tax filing.
Do you use a standard chart of accounts for eCommerce sellers?
Yes. Our QBO chart of accounts is built from years of Shopify and Amazon cases and meets typical eCommerce reporting needs — but we can fine‑tune it for your specific business.
Do I need QBO if I already summarized everything in a spreadsheet?
If you’re a small seller with 1–2 bank accounts and low transaction volume, a clean spreadsheet can work. But for eCommerce sellers with multiple payment processors, foreign currency, or high volume, QBO becomes essential. It provides a proper general ledger, detailed reporting, and the ability to drill into transactions across multiple years — something spreadsheets simply can’t handle at scale.
How do you handle supplier bills, customer invoices, and accrual accounting in QBO?
Your year‑end closing starts with cash‑coding all bank transactions into QBO expense and revenue accounts. Then we post adjusting entries to record outstanding receivables, payables, loans, and accruals. We review these with you to ensure your final financial statements are on a proper accrual basis, as required for corporate tax filing.
How do you handle sales tax and input tax credits (ITCs)?
Sales tax amounts come directly from your Shopify and Amazon sales reports. After all expenses are uploaded to QBO, we confirm eligible input tax credits with you and post summarized adjusting entries to claim your ITC refunds accurately.