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Inventory Accounting for eCommerce

Transform Expensive Headaches into Your Greatest Asset by Tackling Your Inventory Challenges
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Do any of these concerns sound familiar?

I don’t know my true cost of goods sold (COGS) or even if I’m profitable.
Tracking and managing inventory levels across multiple channels is a logistical nightmare.
I struggle to understand how much stock to order and what I actually have on hand.
I don’t know how to set up my system to handle the nuances of my specific business.
I constantly find inventory count discrepancies and have to make huge inventory adjustments, and I don’t know why.
product returns can make accurate revenue and inventory management difficult
Integration between my systems is clunky and causing more work.

We Can Help You Solve These Problems

Check Out What Our Happy Customers Have To Say

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

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

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

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

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

Silicon Slopes

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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Inventory is Your Greatest Operational Headache... But Also Your Most Valuable Asset.

it is absolutely critical that you get your inventory management right by having the right systems, processes and team in place
Inventory management is primarily an operational challenge, but it has financial implications if you don’t get it right.
In short, if you want reliable and accurate financial information, you need solid inventory processes and tools.
As you scale your ecommerce business, it is absolutely critical that you have the right inventory management system, processes and team in place.
But that can be challenging. IMS solutions typically don’t understand the financial needs of your business. And standard accounting firms usually don’t understand the operational issues you face.
There are many IMS tools available, and you may find it overwhelming to choose one or make an objective decision when you’re talking to sales teams who are trying to sell you on their tool, but without a deep understanding of your business.

LedgerGurus Bridges the Gap.

As an ecommerce accounting firm, we noticed that most of our clients struggled with inventory. We are familiar with the leading tools in the industry, so we built a service offering around solving inventory accounting challenges for our clients and other people like them.
We take the time to get to know you and your business. And we understand both inventory and accounting.
We provide consulting to assist in effectively managing your inventory and optimizing your financial reporting accuracy.
We can conduct a thorough assessment of your inventory management practices, and we offer advice and guidance in integrating IMS tools to ensure real-time visibility and synchronization of inventory levels across channels.

The result? Good inventory management AND solid, reliable numbers.

LedgerGurus bridges the gap between IMS software and accounting solutions to give you the data you need.

We Provide the Following Inventory Accounting Services:

On-Going Monthly COGS Services

COG accounting options
We Simplify Your COGS Accounting
  • Tailored methods: Help you choose the best COGS calculation method for your business.  
  • Monthly entries: Post a monthly COGS journal entry customized to your chosen method.
Our Expert Guidance Makes the Difference
  • Ecommerce specialists: We specialize in ecommerce and getting your backend set up right for scalable growth. 
  • Direct cost insights: Get a clear view into COGS and gross profit margin. 
  • Clear financial reporting: Make informed decisions with accurate financial insights so you can focus on growth. 

One-Off Inventory Consulting & Advisory Services

We Help You Get the Reliability You Want 
  • Expert guidance: Provide advice and guidance for ongoing inventory operational challenges. 
  • Practice assessment: Evaluate your inventory practices to increase efficiency, focusing on SKUs, order fulfillment, and integration with online platforms. 
  • Process Improvement: Help you build out and implement processes to boost operational efficiency and financial reporting. 
How You Benefit from Consulting
  • Higher ROI: Manage inventory more effectively for a better return on investment. 
  • Long-term success: Implement sustainable practices that drive your ongoing success. 
inventory consulting services

On-Going IMS (Inventory Management System) Accounting Services

Inventory accounting review
We Provide Inventory-Focused Accounting Support
  • Real-time visibility: Provide guidance on integrating IMS tools for real-time visibility and synchronization.  
  • Tailored services: Customize monthly accounting services to fit the tool’s functionality and your needs.  
  • Build a bridge: Effective communication between inventory operations and inventory accounting. 
Our Support Helps Solve Your Problems
  • Smart investment: Implementing the right tool can transform your business. 
  • Expert guidance: LedgerGurus can help you find the right IMS tool to fit your business. 
  • Your success: Our support helps you get a successful, efficient system, both financially and operationally. 

Here’s our promise to you:

Our inventory accounting services for ecommerce will give you clarity around your inventory and help you solve accounting & operational problems.

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

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

Beddy's -LedgerGurus
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It’s touch. It’s experience. It’s relationships. It’s results.

All in one beautiful package.

Here’s how to become a client…

Application
Application

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

Phone Call
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
Proposal

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

Onboarding
Onboarding

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

Ongoing Services
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.

Let’s get the ball rolling!

Are you ready to regain some sanity around your inventory and inventory accounting for ecommerce?

Let us support you in getting the right systems, processes and team in place, so you can scale your business effectively.

Apply today to work with us.