(416) 422-0300 info@thinkaccounting.ca

eCommerce Accounting Service

Your Trusted eCommerce Accounting and Bookkeeping Experts

Discover the difference specialized eCommerce accounting can make for your business. Whether you’re a Shopify powerhouse or an emerging Amazon seller, our seasoned accountants are here to streamline your financial journey.

Trust in a team that speaks the eCommerce language fluently, offering unparalleled Shopify and Amazon seller bookkeeping and accounting services. Let’s craft your financial success story, together.

Lead Gen

Trusted by great ecommerce companies across canada

Why Choose Think Accounting for Your eCommerce Business?

1. Specialized Shopify and Amazon Bookkeeping

At Think Accounting, we’re not just familiar with eCommerce platforms; we specialize in them. Trust us to handle your Shopify and Amazon bookkeeping with unmatched expertise.

2. Year-Round Tax Strategy

Think Accounting is your ally in navigating the complex eCommerce tax landscape. We’re here to help you strategize and save, not just during the tax season but all year round.

3. Insightful Financial Reporting

Empower your eCommerce business with Think Accounting’s real-time financial insights. Make informed decisions with accurate, up-to-date reports that reflect your business dynamics.

4. Seamless Multi-Currency Transactions

Global expansion is a breeze with Think Accounting. Our multi-currency support facilitates smooth international transactions, helping you reach customers everywhere with ease.

5. Expert Inventory Management

Stay ahead with Think Accounting’s inventory management expertise. We integrate with popular tracking apps to give you a clear, real-time picture of your stock levels.

6. Mastery of Modern Commerce Platforms

Think Accounting excels in modern commerce, specializing in Stripe, PayPal, Sezzle, and AfterPay. Our expertise ensures seamless financial management and maximizes growth opportunities for clients.

7. Strategic CFO Advisory Services

Think Accounting’s CFO advisory services are your roadmap to sustained financial success. Leverage our strategic insights and actionable advice tailored for the eCommerce landscape.

8. Transparent Financial Health Reports

With Think Accounting, you gain a transparent view of your business’s financial health. Our detailed reports are designed to help you make data-driven decisions with confidence.

9. Responsive and Personalized Customer Service

Experience the Think Accounting difference with our responsive customer service. We’re here to guide you, answer your queries promptly, and keep you in the loop, always.

In the dynamic world of eCommerce, you are the trailblazer, steering your business to unprecedented heights. Think Accounting is your steadfast guide, empowering you with precise Shopify and Amazon seller bookkeeping and accounting services. Our eCommerce accounting experts are not just accountants; they are your strategic allies, helping you navigate the financial intricacies with ease. 

Choose us to champion your vision. While traditional accountants may falter in the fast-paced e-commerce landscape, Think Accounting thrives, fully grasping the nuances and demands of modern commerce. We’re not just prepared; we’re specialized, ready to guide you with expertise that’s a cut above the rest. 

Interested? Book a Call!

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What services are you interested in?
Marketing Consent

Seamless Integration with any eCommerce Platform

Pricing Plans

Every business has different needs so we’ve developed a variety of accounting plans that fits your needs and to give you a clear understanding of what you’ll get with Think Accounting. We’ll take an in-depth look at your ecommerce business, learn about your goals, and develop customized cloud accounting and bookkeeping solutions to help your ecommerce business grow.

Starter

For young and aspiring businesses looking to get their bookkeeping needs covered, by industry experts.

Starts at $800/mo
  • Bookkeeping and Reconciliations
  • Multicurrency Support

  • Upto 5 Bank, Credit Card and Loan Accounts
  • Sales Tax Returns (GST/HST/PST)
  • Standard Management Reports
  • Quarterly Management Reports
  • Sales Tax Installment Reminders

  • Government notice response

  • Annual Accounts Overview Calls
  • Limited Email support
  • Payroll Add-on

    Available

  • 30 day Bookkeeping Close Timeline

Core

For growing companies looking to hire a fractional bookkeeping department for streamlined needs.

Starts at $1100/mo
  • Bookkeeping and Reconciliations
  • Multicurrency Support
  • Upto 10 Bank, Credit Card and Loan Accounts
  • Sales Tax Returns (GST/HST/PST)
  • Custom Management Reports
  • Quarterly Management Reports
  • Sales Tax Installment Reminders
  • Government notice response
  • Quarterly Accounts Overview Calls
  • Limited Email support
  • Payroll Add-on

    Available

  • 30 day Bookkeeping Close Timeline

Premium

For fast-growth companies with complex bookkeeping needs looking for streamlined processes and custom reporting.

Starts at $2100/mo
  • Bookkeeping and Reconciliations
  • Multicurrency Support
  • Unlimited Bank, Credit Card and Loan Accounts
  • Sales Tax Returns (GST/HST/PST)
  • Custom Management Reports
  • Monthly Management Reports
  • Sales Tax Installment Reminders
  • Government notice response
  • Monthly Accounts Overview Calls
  • On-demand Email support
  • Payroll Add-on

    Available

  • 20 day Bookkeeping Close Timeline

Starter

Basic Compliance.

Starts at $2750/yr
  • Review of Bookkeeping and Adjusting Entries
  • Client/Management Letter
  • Corporate Tax return preparation
  • Compilation Engagement (Formerly NTR) Financial Statements
  • Tax return review

    Via Zoom Meeting

  • T5 slips calculation and issuance
  • Installment Schedule - Corporate Tax

  • Ad Hoc Tax Estimate Calculations upon request

  • Personalized tax plan

  • Government notice response

  • CRA Intensive Audit support

  • Annual Tax Coaching Calls
  • 6 Months Year End Finalization Timeline

Core

Compliance + Planning

Starts at $4250/yr
  • Review of Bookkeeping and Adjusting Entries
  • Client/Management Letter
  • Corporate Tax return preparation
  • Compilation Engagement (Formerly NTR) Financial Statements
  • Tax return review

    Via Zoom Meeting

  • T5 slips calculation and issuance
  • Installment Schedule - Corporate Tax
  • Ad Hoc Tax Estimate Calculations upon request

    1 per year

  • Personalized tax plan
  • Government notice response
  • CRA Intensive Audit support

  • Quarterly Tax Coaching Calls
  • 4 Months Year End Finalization Timeline

Premium

Compliance + Peace-of-mind

Starts at $7250/yr
  • Review of Bookkeeping and Adjusting Entries
  • Client/Management Letter
  • Corporate Tax return preparation
  • Compilation Engagement (Formerly NTR) Financial Statements
  • Tax return review

    Via Zoom Meeting

  • T5 slips calculation and issuance
  • Installment Schedule - Corporate Tax
  • Ad Hoc Tax Estimate Calculations upon request

    3 Per Year

  • Personalized tax plan
  • Government notice response
  • CRA Intensive Audit support
  • Monthly Tax Coaching Calls
  • 3 Months Year End Finalization Timeline

Starter

Oversight

Starts at $1250/mo
  • Custom KPI tracking and Dashboards
  • CFO Review of Financial Performance and Provide Insights
  • Profit Improvement Coaching
  • Adjusted EBITDA Tracking and Coaching
  • Value Gap Calculation and Meeting
  • Annual Business Planning

  • Financial Model with Forecast Financial Statements

  • Updates to Model and Forecast, followed by an in-depth review and discussion call

  • Ad Hoc Financial Analysis Upon Request (New Products, Price Changes, Product Analyses, etc.)

    1 Per Quarter

  • Monthly CFO Meeting

Core

Insight

Starts at $2250/mo
  • Custom KPI tracking and Dashboards
  • CFO Review of Financial Performance and Provide Insights
  • Profit Improvement Coaching
  • Adjusted EBITDA Tracking and Coaching
  • Value Gap Calculation and Meeting
  • Annual Business Planning
  • Financial Model with Forecast Financial Statements
  • Updates to Model and Forecast, followed by an in-depth review and discussion call

    Quarterly

  • Ad Hoc Financial Analysis Upon Request (New Products, Price Changes, Product Analyses, etc.)

    1 Per Month

  • Bi-weekly CFO Meeting

Premium

Foresight

Starts at $4250/mo
  • Custom KPI tracking and Dashboards
  • CFO Review of Financial Performance and Provide Insights
  • Profit Improvement Coaching
  • Adjusted EBITDA Tracking and Coaching
  • Value Gap Calculation and Meeting
  • Annual Business Planning
  • Financial Model with Forecast Financial Statements
  • Updates to Model and Forecast, followed by an in-depth review and discussion call

    Monthly

  • Ad Hoc Financial Analysis Upon Request (New Products, Price Changes, Product Analyses, etc.)

    2 Per Month

  • Weekly CFO Meeting

THINK Approach: How it Works?

Schedule a Discovery Call

Start your journey with Think Accounting by scheduling a discovery call. It’s where your eCommerce business takes center stage as we listen to your unique needs and aspirations.

Meet your CPA team for a customized plan

At Think Accounting, we pair you with a CPA team who understands the eCommerce landscape inside out. Together, we’ll craft a plan that’s just as unique as your business.

Tools & Communications Setup

We at Think Accounting ensure a seamless setup of tools and communication channels, tailored to suit your eCommerce business, fostering a smooth and collaborative working relationship.

Think Success

With Think Accounting by your side, envision a path of success carved out through personalized strategies and expert guidance, empowering your eCommerce business to reach new heights.

Our eCommerce Clients Love Us, So will You!

THINK Accounting is a Lifesaver!

Think Accounting provides invaluable support to business owners with limited accounting knowledge. They cultivate personal relationships with clients, offering stress-free financial management. Janki and Robbie go the extra mile, providing exceptional service and beneficial business advice. Their dedication and expertise make them a top choice among accounting firms.

– Yale Pagulayan

Detail oriented, efficient and professional.

Since switching to Think Accounting, we’ve experienced a remarkable transformation. They took over during a challenging audit, quickly resolving it and identifying overlooked issues. Varun and his team are diligent, efficient, and responsive, patiently addressing questions and guiding us through the transition. Their professionalism and support have allowed us to focus on our business. We highly recommend Think Accounting for their exceptional service and expertise.

– Jinny Liang

Great Success for our eCommerce Business!

Amazing team. We’ve been with Think Accounting for a couple of years for our business with great success!

– Dany Pell

Willing to go the EXTRA mile!

Easy to work with down to earth accounting firm willing to go the extra mile to help their clients. They’re experienced with all the cloud accounting tools – Xero, Dext, etc..

Hisham Al-Shurafa

Excellent to work with

Think Accounting is an excellent company to work with. They have greatly helped us manage our e-commerce accounting and reporting process.

Amanda Benanati

THINK Insights

Check out the latest articles from our CPA team, focusing on providing the most relevant accounting and tax advice for individuals, families, and businesses.

THINK FAQs

How do you work with ecommerce businesses in Canada?

We help take the guess-work out of eCommerce bookkeeping. As experts in the space, our bookkeepers will reconcile your eCommerce settlements in their appropriate categories, so you have better visibility into your eCommerce sales and revenue.

What software(s) do you use or recommend for inventory management?

Our advice for specific software depends on the specific needs of your business. However, we generally recommend looking at CIN7, Dear Inventory and Unleashed.

How do I handle my sales tax?

We guide you in setting up a system that automatically categorizes and tracks sales tax, ensuring you meet all Canadian regulations and never miss a deadline. We will help you get registered for GST/PST/QST and set it up in your bookkeeping software. We can also help you get registered for US Sales Tax and automate filings through TaxJar.

Do you integrate with Amazon/Shopify/eBay/WalMart/Etsy?

Absolutely, we integrate seamlessly with major platforms like Amazon, Shopify, and eBay using A2X. Our expertise in these platforms allows us to offer you a streamlined and efficient accounting process tailored to your eCommerce business.

What do you need to get started?

Our onboarding process begins with a deep dive into understanding your business. We explore your business background, eCommerce platforms, sales channels, logistics, and company size to gauge your specific service needs. This comprehensive understanding allows us to craft a customized scope of work and fee quote, ensuring a partnership that is tuned to your business’s unique rhythm and requirements.

Is everything from onboarding done completely online?

Yes, our onboarding process is 100% online, designed to be as convenient and efficient as possible for eCommerce businesses. We utilize secure online platforms to ensure a smooth transition and setup, respecting your time and security.

Can you assist with multi-currency transactions?

Absolutely, we are adept at handling multi-currency transactions, helping you navigate the complexities with ease, and ensuring accurate financial reporting for your eCommerce business.

How do you approach CFO advisory services?

Our approach is collaborative and strategic. We work closely with you, offering expert insights and actionable advice, all aimed at steering your eCommerce business towards sustained financial success.

What makes Think Accounting different from other accounting firms?

Think Accounting is your specialized partner in the eCommerce space. We don’t just offer accounting services; we offer a partnership, a collaborative approach where your business is the hero, and we are the guide, helping you navigate the financial landscape with expertise and personalized service.

How do you ensure the security of my financial data?

At Think Accounting, we prioritize your data’s security. We employ stringent security measures and utilize secure, trusted platforms (such as LastPass) to ensure your financial information remains confidential and protected at all times.

Think Growth. Think Success. Think Accounting.

Accounting Solutions in Toronto, Calgary, Vancouver and across Canada

Find out why more and more companies are using Think Accounting for tax-efficient accounting strategies and business advice that’s optimized for growth. Contact us today for a free consultation!