Online brand accountants.
Shopify, WooCommerce, BigCommerce, marketplace and Stripe-based brands. Settlement-level reconciliation, multi-jurisdictional sales tax, inventory accounting and unit economics that actually surface profitability.
Who this page is for.
Online brand accountants work with direct-to-consumer and marketplace sellers whose revenue lands net of platform fees, whose stock sits in several locations at once, and whose tax exposure follows that stock across borders. The output is contribution margin by channel and by SKU, produced monthly rather than at the year end.
E-commerce accounting requires platform-specific expertise that most generalist firms simply don't have. Shopify Payments settlements arrive net of fees, refunds and disputes, but a clean ledger needs all four separated. Marketplaces (Amazon, Etsy, eBay, Faire) come with facilitator sales tax that's either remitted by the marketplace or owed by the seller depending on the state. International sales trigger OSS / IOSS rules. And underneath it all, real inventory needs proper accounting under IAS 2 or ASC 330.
Get the platform connectors right and the rest follows. We use A2X (or equivalent) for Shopify and Amazon, integrated into your Xero or QuickBooks. We use Avalara or TaxJar for US multi-state sales tax. We track inventory at the SKU level for brands carrying significant stock. And we surface CAC, contribution margin and cohort LTV in your monthly reporting.
We work with e-commerce brands across all our markets: UK-based DTC brands selling into the EU and US, US-based Shopify and Amazon sellers, UAE-based brands targeting the GCC. The mechanics shift by jurisdiction but the discipline is the same.
Is your brand the kind we mean by an online brand?
This page is written for the operator rather than the buyer of a task. The brands we mean sell on their own storefront plus at least one marketplace, hold physical stock, take returns at a rate that materially affects margin, and spend on paid acquisition against a contribution figure they are not confident in. If that describes you, the questions that follow are the ones worth asking your accountant. If you already know what you need done and simply want it delivered, our e-commerce accounting service sets out the scope, the cadence and the price for exactly that work.
The four numbers we build every month are the same regardless of platform: gross revenue before any fee deduction, contribution margin per channel after platform fees, fulfilment and returns, inventory position split by location, and cash conversion from order to settled bank receipt. None of them come from a bank feed. Storefront revenue arrives as a payout that has already netted processing fees, chargebacks and reserve movements. Marketplace revenue arrives net of a longer list still. Getting to gross means pulling settlement files, not statements.
The structural traps are consistent across the sector. Returns are recorded as they are refunded rather than provisioned as they are earned, so a strong November flatters the year and a heavy January destroys it. Inventory is expensed on purchase rather than capitalised, so profit tracks buying decisions instead of trading. Consumer tax is assumed to be the platform's problem, when marketplace facilitator rules cover marketplace sales only, leaving the seller responsible for its own storefront and for registration wherever stock is held, which in the UK is measured on the rolling basis HMRC sets out under register for VAT. Gift cards and store credit sit as revenue when they are a liability until redeemed. We unpick these in that order, because each one distorts the next.
Sellers concentrated on a single platform are usually better served by the platform-specific pages: Shopify accounting for storefront-led brands and Amazon FBA accounting for marketplace-led ones. The ledger structure behind all three is described in our Shopify and Amazon chart of accounts guide. Brands deciding how much to hand over usually start from our full list of accounting services, which sets out each service by what it delivers each month. The platform, sales tax and margin guides we write for sellers are collected on the Accountaire blog.
What settles, by channel
Where the money is netted before it reaches you, and who is responsible for consumer tax.
| Channel | What hits the bank | Netted off before payout | Who remits consumer tax |
|---|---|---|---|
| Own storefront | Processor payout | Processing fees, chargebacks, reserves | The seller, everywhere it is registered |
| Amazon (FBA or FBM) | 14-day settlement | Referral, fulfilment, storage, ads, refunds | Amazon under facilitator rules, seller elsewhere |
| eBay and Etsy | Scheduled payout | Final value fees, ad fees, refunds | The marketplace, in states and countries with facilitator rules |
| Wholesale and B2B | Invoice settlement | Nothing, but often 30 to 60 day terms | The seller, subject to exemption or reverse charge |
| Subscription and D2C bundles | Processor payout | Processing fees, failed payment retries | The seller, on the delivery date not the charge date |
E-commerce-specific scope.
Built around the platforms and complexity of online retail.
- Shopify / Woo Commerce / BigCommerce reconciliationSettlement-statement-level reconciliation via A2X or equivalent. Sales, refunds, fees, shipping income separated cleanly.
- Amazon FBA accountingSettlement statements imported. FBA fees, storage, advertising, refunds and inventory adjustments split into separate accounts.
- Multi-jurisdictional sales tax US economic nexus tracking via Avalara / TaxJar. UK MTD VAT. EU OSS / IOSS. UAE FTA VAT. Marketplace facilitator rules applied correctly.
- Inventory accounting (IAS 2 / ASC 330) Cost flow method applied consistently. Write-downs to NRV. Freight-in capitalisation. Stock counts reconciled to ledger.
- Returns reserves For brands with material return rates, returns reserves estimated based on rolling 90-day data. Prevents month-end gross-margin distortion.
- Unit economics reporting CAC by channel, contribution margin by SKU, cohort LTV. Surfaced in monthly pack.
- Working capital planning For brands with significant stock investment, cash-to-cash cycle modelled and reorder timing informed.
- Multi-currency settlement handling For UK / EU brands receiving USD on Shopify, FX gains/losses handled correctly under reporting GAAP.
"Our previous bookkeeper couldn't reconcile Shopify Payments. Our gross margin was off by 12 points. Accountaire rebuilt the books, fixed the inventory accounting and now we're making decisions with real numbers."
Why e-commerce brands choose us.
A practice built around platform-specific complexity.
A2X & integration specialists
Connectors configured correctly. Settlement reconciliation that actually reconciles. No mystery deposits.
Sales tax across jurisdictions
US nexus, UK MTD, EU OSS/IOSS, UAE FTA: handled within scope. No separate sales-tax provider needed.
Inventory done properly
IAS 2 / ASC 330 applied consistently. Audit-ready inventory accounting.
Unit economics surfaced
CAC, contribution margin and cohort LTV actually appear in your monthly pack, not just on a deck.
Online brand accountants: what founders ask.
What platforms do you support?
How do you handle Amazon FBA accounting?
What about EU sales after Brexit?
Can you handle our US sales tax?
How do you account for inventory?
Do you handle 3PL and FBA inventory simultaneously?
Where online brands go next.
E-commerce accounting
Service-level page with detailed scope.
Shopify brands
Specifically for Shopify-native operators.
Amazon sellers
Specifically for FBA and Seller Central operators.
Fractional CFO for DTC brands
Cash runway, inventory buying plans and investor-ready reporting.
US sales tax for online sellers
Nexus, registration and returns for brands selling into the States.