Amazon Accounting Services

Tailored to Your Needs

We handle the numbers, so you can focus on growth!

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Do any of these concerns sound familiar?

I’m facing difficulties with the timing of my Amazon transactions.

I’m frustrated with Amazon’s complicated reconciliation and reporting processes.

I’m seeking efficient ways to manage different payment processors.

Product returns are disrupting the revenue and inventory control of my Amazon store.

I’m uncertain what my Cost of Goods Sold (COGS) is or how to determine it.

I’m unsure if I’m handling sales tax correctly, and I need help.

I don’t know how to handle complex inventory matters, like tracking and restocking.

The large number of transactions is overwhelming me and hindering accurate record-keeping.

My accountant doesn’t get it and is making errors that are costing me time and money.

We've helped hundreds of US-based ecommerce businesses take control of their financials.

“LedgerGurus has helped… us know where we need to steer the ship. They give us numbers we trust and we know are accurate.”

“They are used to doing e-commerce [accounting]. . .This team knows exactly what they are doing.”

“I have confidence when we’re giving someone a P&L or a balance sheet it’s good . . . the numbers are spot on.”

Here’s our promise to you:

We provide prompt, precise financials that reveal critical insights.

We then assist you in utilizing those insights to make well-informed, data-based decisions.

So you can get results like these:

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It has been a breath of fresh air working with LedgerGurus. It is incredibly tough finding great service and professionalism these days in anything. Our account manager goes above and beyond.
Just Bolt-On Performance Parts

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We utilize our financials on a regular basis, and so we rely on the work that our account managers do in keeping our financials updated and accurate. They do a great job. We also rely on LedgerGurus to prepare and send out our monthly invoices, which is also a critical part of our business operations.
CitySpark

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Very easy to onboard and require very little from me to get the job done! Our account manager is so responsive and has handled so many things for me that would have been a huge hassle.
Lou Lou and Company

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All of my experiences involving LedgerGurus (LG) have been impressive. The team is thorough, detail-oriented, attentive, responsive, and communicative. When there is an issue, LG works with a sense of urgency until it is resolved. Customer service has been great and we trust LG as a business partner. Our accounting team is great to work with and exceed expectations.
Dorai Home

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“I am so excited to finally feel confident in our books and have the ability to make good decisions!!!
Iksplor

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They are a great resource for us. We finally feel good about understanding our financials. I would consider additional services from LedgerGurus if we had the funds.
BeanTown Bedding

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We’ve been using the monthly reports to analyze trends and make adjustments to pricing and so forth. We are really happy with the way the reports are looking right now. So, give yourselves a pat on the back and keep up with the great work!
Fighter's Market

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100% top-notch service. Stephen and team are amazing! We appreciate everything they do to make Silicon Slopes such a success.
Silicon Slopes

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I could not be more satisfied with Ledger Gurus. My financial statements and bookkeeping have literally never been in better order, and it is easy and a pleasure to work with every member of the LG team. I have already referred friends and colleagues and I will refer more without hesitation if given the opportunity! Having up to date monthly accrual P&L numbers has enabled me to use my financial statements not just as a historical/tax tool but to proactively plan my business and has been immensely impactful on my top and bottom lines.
Radiance Med Spa

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Very knowledgeable about sales tax issues and accounting for online business. They set up our company with the right software services and we've had smooth sailing since Day 1.
Feast Kitchens

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I could summarize your efforts in less than 2 minutes and with just one, all-encompassing word: OUTSTANDING! Thank you for your continued support! And I know I can speak for my entire team when I say it’s a pleasure to work with you!
Blue Bear Protection

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The care and timeliness that LedgerGurus provides, despite tough bank transitions and personnel changes, is top tier. We are so grateful for the personal calls from everyone working on our account
Cube Recovery

Accounting helps ecommerce sellers on the path to financial success.

You need an Amazon accountant who thoroughly understands your Amazon business.

This is how we build the numbers while you focus on growing your business.

(If on mobile, tap the boxes for more information about the services.)

Record Transactional Activity

The Foundation of Your Accounting

This is critically important.

All other accounting pieces are layered onto it for financial clarity.

Our team ensures this data is recorded in a timely, accurate way.

Reconcile Sales Channels

Provides Visibility

Reconciling Amazon sales and payment processors yields crucial insights into channel operations, often obscured by transparency problems.

These insights empower confident, informed decision-making.

Calculate an Accurate COGS

Biggest Expense for a Shopify Business

Sales don’t drive your business. Gross profit does.

Our team calculates your COGS and ensures you understand your gross profit position, enabling key business decisions.

Manage Inventory

Inventory is Your Greatest Asset

Our inventory accounting service meets you where you are and guides you to where you want to be.

Our accrual approach saves you as much time as possible, while delivering accurate numbers.

Provide Financial Statements

Financial Statement Deliverables

We provide you with a detailed Balance Sheet and Profit & Loss Statement by the 20th of each month.

We’ll then guide and show you how to analyze the data to make key business decisions.

Deliver Personalized Support

Monthly Meeting with Your Dedicated Accountant

You will be guided with ongoing financial insight into your business.

You’ll learn to analyze the data to make informed, data-driven decisions, instead relying on guesswork.

Additional Services Available

Manage Sales Tax

Sales Tax Can Be a BEAST!

It becomes an even bigger issue as you reach nexus in more and more states.

Our sales tax services encompass filing sales tax returns, submitting payments, registering for sales tax permits, and setting up sales tax software.

Inventory Consulting

We Help You Manage Inventory Accounting

We assess your inventory practices, focusing on SKUs, order fulfillment, and integration with online platforms.

For businesses selling on multiple platforms, our team provides guidance on integrating IMS tools for real-time visibility and synchronization.

Support Payroll

Get Payroll Accuracy & Timeliness

Payroll processes can expose you to compliance risk and managing that risk can be time-consuming and stressful.

Our payroll service will give you and your team confidence in payroll accuracy and timeliness.

Support Accounts Payable

Eliminate Risks to Your Business

Teaming up with us safeguards your business from fraud and mishandling of assets, especially in bill payments.

We establish robust controls for peace of mind, safeguarding your business and staff.

Support Accounts Receivable

Optimize A/R for Cash Flow & Vendor Management

Accurate and prompt A/R processes significantly impact cash flow.

Our team ensures an accurate A/R balance, providing clarity on paid vendors and those requiring collection services.

Catch Up & Clean Up

Bookkeeping Rescue

Falling behind in bookkeeping and accounting?

You’re in good company.

We can bring your records up to date, as well as tidy up past work for accuracy.

Start the Conversation

It’s touch. It’s experience. It’s relationships. It’s results.

All in one beautiful package.

Your Time is Important.

Is your time best spent on your accounting?

If the answer is no, let us focus on your Amazon accounting, so you can focus on growing your business & increasing your profits.

eCommerce Specialized

We help your business mature & advance by combining ecommerce-specialized accountants, established processes, and tech solutions, fostering your growth.

A Team To Fit Your Needs

You get more than an accountant or bookkeeper. You gain an entire team of ecommerce accounting experts with years of experience & knowledge dedicated to your success.

Accurate Guidance

We are here to grow with you, providing accurate, reliable numbers to steer your ecommerce decisions.

Timely Answers

We understand the needs of our ecommerce clients. We provide direct, timely answers to inquiries & issues using top-notch technology to enhance your experience.

Here’s how to become an Amazon seller accounting services client…

Application

Fill out the form at the bottom of this page to apply to work with us.

Discovery Call

If you’re a good fit, we’ll arrange a time to discuss your business, so we thoroughly understand your needs and concerns.

Proposal

Based on our discussion, if we’re a good fit to work together, we’ll provide you with a proposal.

Onboarding

Our onboarding process ensures we understand your business and provide the best possible service to meet your needs.

Ongoing Services

Relax and we’ll take care of the rest. Your dedicated accounting manager will review your financials monthly and guide you in making sound business decisions.

FAQs

How much is this going to cost?

Your business is unique and has unique needs. We build our packages to solve your specific frustrations, starting at $350/month.

What accounting solutions are available to Amazon sellers?

There are multiple, but QuickBooks Online is a popular solution for Amazon accounting.

Which accounting software should I use for Amazon accounting?

We recommend upgrading from Amazon’s default accounting options if your ecommerce business is making more than six figures annually. We prefer QuickBooks Online.

Do I need a third-party app for my Amazon accounting?

eCommerce business owners need to determine what they need from their accounting software and apps before picking the best ones. You might benefit from third-party apps such as HubDoc, A2X, or Gusto. We can help you decide.

What should I look for when hiring an accountant for my Amazon business?

Your Amazon accountant should be familiar with sales tax compliance, COGS, and FBA accounting.

Can you handle all of my accounting?

YES! LedgerGurus is set up to either be your complete outsourced accounting solution or simply fill in gaps in your current processes. We specialize in everything from bookkeeping to AP, AR, inventory, payroll, sales tax services and inventory consulting services.

Can you help me if I sell internationally?

Absolutely! We can definitely help you manage the finances for your international sales channels and foreign currency pieces.

Can you implement an inventory management software?

Inventory management software (IMS) can be a game changer for ecommerce businesses. For businesses selling across multiple ecommerce platforms, we offer advice and guidance in integrating inventory management systems to ensure real-time visibility and synchronization of inventory levels across channels.

How do I keep up with changing sales tax regulations for Amazon accounting?

For starters, there’s a Sales Tax Analytics tool available to Amazon sellers. If that’s not enough to help you feel comfortable collecting sales tax, turn to the pros at LedgerGurus for help with physical nexus, economic nexus, FBA nexus, and click-through nexus. We offer sales tax automation software in addition to our personal expertise in Amazon accounting.

Do you do income tax returns?

No. We are passionate about helping business owners build their business with better numbers. We best serve our clients when we focus our efforts on their day-to-day accounting and decision-making. For this reason, we have chosen to not do income tax returns.

Let’s get the ball rolling!

Are you tired of the hassle of Amazon accounting? Let us take it off your plate, so you can focus on growing your business and increasing your profits.

Apply today to work with us.