Do You Need an Ecommerce Accountant?
You didn’t start your business to be an accountant, but your ecommerce business needs expert ecommerce accounting.
You’re busy growing sales, developing products, managing manufacturers, developing vendor relationships, and fine-tuning your marketing strategy. All of that is easier when you have accurate, reliable numbers to make smart business decisions in real time.
Ecommerce accounting is complex, and you don’t need another steep learning curve – especially one that can be easily outsourced.
Your business needs answers like:
- How much inventory do you have, and what’s it worth?
- Are you selling profitability after costs of goods sold, fees, and returns?
- What are your real sales after discounts and platform fees?
- Which sales channel drives the most profit (not just revenue)?
- Is ecommerce sales tax becoming a problem? Are you compliant where you have nexus?
If you don’t have clear answers, an ecommerce accounting firm can help.
Why Do You Need a Specialized Ecommerce Accountant?
eCommerce accounting is vastly different from traditional accounting – the deposits hitting your bank account are NOT your true income.
Most general accounting services miss critical details. Before those deposits arrive, your sales channels process sales, returns, sales tax, loans, platform fees, fulfillment costs, shipping, and more.
An ecommerce specialist accountant must understand not just your bank and credit card accounts, but also the platforms you sell on and the challenges that come with them:
- Timing issues
- Huge transaction volumes
- Complex inventory tracking
- Managing product returns
- Payment processor complications
- Sales tax nexus compliance
- Accurately calculating COGS
Without ecommerce expertise, and accountant could create more problems than they solve.
Ecommerce Accounting is Different
Spending too much time trying to get your accounting right?
Constantly training your bookkeeper or accountant?
Trying to find the budget to hire someone that can do it right?
What Does an Ecommerce Accountant Do?
As the owner of a thriving consumer products company built on ecommerce, you need more than a generic accountant or a budget bookkeeper. Ecommerce accounting is complex, and not every accountant is equipped to handle it.
An ecommerce accountant must navigate the challenges of selling online – sales platforms, inventory management, multi-state sales tax, and more.
Here’s what they do:
- Ensure accurate revenue timing across platforms, marketplaces, and payment processors.
- Manage sales tax compliance – collection, filing, and payments.
- Track inventory flow and calculate COGS correctly.
- Handle financial operations like payroll, bill payments, and accounts receivable.
- Deliver accurate financials with insights into business performance.
- Support cash flow planning to support inventory purchases, shipping, and delivery.
- Ensure proper setup and use of inventory tools.
- Provide budgeting and forecasting aligned with your business strategy.
Ecommerce accounting isn’t just about bookkeeping – it’s about optimizing your financials for profitability and growth.
Expert Ecommerce Accounting, Anywhere You Are
LedgerGurus is a cloud-based, ecommerce-specialized accounting firm, headquartered in Utah. We relieve the stress and overwhelm our clients feel by freeing them from their accounting headaches.
We help our clients succeed by giving them solid, reliable numbers to build their businesses with.
LedgerGurus is a cloud-based, ecommerce-specialized accounting firm headquartered in Utah. Since 2014, we’ve operated 100% remotely, serving clients across the U.S. and beyond.
We take the stress out of accounting by providing solid, reliable numbers that help ecommerce businesses grow. Out team of ecommerce CPAs, accountants, and bookkeepers understands the unique challenges of selling online.
Being fully remote means we work the way you do – leveraging the latest accounting technology and communication tools to provide timely, direct answers when you need them. No matter where you’re located, we’re the ecommerce accountants you can count on.
Not Ready for an Ecommerce Accountant? We’ve Got You Covered.
LedgerGurus exclusively serves 7- and 8-figure ecommerce brands.
If you’re just starting out, hiring an ecommerce accountant might be out of budget—but that doesn’t mean you’re on your own. Our ecommerce accounting gurus have created a wealth of free resources to help you get started.
As your business grows, so will your accounting needs—and when the time comes, we’ll be here.
For now, tap into our expertise:
- YouTube channel with DIY accounting tips
- Downloadable guides on sales tax, inventory, and financial operations
- Sales Tax masterclass to simplify compliance
We’re here to support ecommerce sellers at every stage.
Why You Should Hire LedgerGurus
Accounting Need
General Accountants & Bookkeepers
Ecommerce-Specialized LedgerGurus
Sales Channel & Payment Processor Reconciliation
Rarely done – missing key financial data
Thorough reconciliations for accurate insights
Ecommerce-Specific Services
Not offered
Add-ons for CFO, inventory, COGS, and sales tax compliance
Revenue Timing Accuracy
Struggles with ecommerce timing issues
Correctly accounts for revenue across platforms and payment processors
Sales Tax Compliance
Often mishandled or ignored
Ensure collection, filing, and payment across multiple states
Financial Reviews
Limited ecommerce-specific data
Monthly ecommerce-focused financial reviews
Tax Coordination
Little to no communication with tax accountants
Work directly with your tax team to streamline reporting
What Our Clients Are Saying
“I have confidence when we’re giving someone a P&L or a balance sheet it’s good . . . the numbers are spot on.”
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“They are used to doing e-commerce [accounting]. . .This team knows exactly what they are doing.”
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“LedgerGurus has helped… us know where we need to steer the ship. They give us numbers we trust and we know are accurate.”
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Technology Partners
As with so many other industries, accounting is being transformed by technology. The future of accounting cloud-based and mobile-friendly, making for easier access, a better experience, and new levels of productivity.
We are giving a bear hug to this new accounting approach with expertise in many of the accounting technologies that are improving business finance.
eCommerce Accounting Integration
Accounting
Inventory Management
Inventory Management
Bill Management
eCommerce Analytics
eCommerce
eCommerce
eCommerce
eCommerce
eCommerce
eCommerce
Payments
Payments
Payments
Payments
Buy Now, Pay Later
Buy Now, Pay Later
Expense Management
Expense Management
Virtual Credit Card
Payroll
Payroll
Virtual Credit Card
Sales Tax
Sales Tax
Sales Tax
