Accounting for e-commerce
Selling online means money arriving from several platforms, net of fees and refunds, plus sales tax rules that change depending on where your customer lives.
Common challenges we solve
Platform payouts
Shopify, Amazon, Stripe and PayPal payouts reconciled back to actual sales, fees and refunds.
GST/HST across provinces
Knowing when to register and charging the right rate for each province you ship to.
Inventory and cost of goods
Tracking stock, shipping and landed costs so your margins per product are accurate.
Frequently asked questions
When do I need a GST number?
You must register once your taxable sales go over $30,000 in a single calendar quarter or over the last four consecutive quarters. You can also register earlier voluntarily to claim GST on your business costs.
What rate do I charge customers in other provinces?
Once registered, you generally charge the rate of the province where the goods are delivered. For example, 5% GST to a customer in Alberta and 13% HST to a customer in Ontario.
Free consultation, no obligation