GGold Star Accounting

E-Commerce & Retail

Bookkeeping and tax support for e-commerce and retail businesses, including multi-channel sales, inventory considerations, and the sales tax rules that apply across provinces and borders.

Common challenges

What makes this industry different

  • Reconciling sales and fees across multiple platforms
  • Tracking inventory and cost of goods sold accurately
  • Determining GST/HST and PST obligations across provinces
  • Understanding cross-border selling and shipping tax implications

What we watch for

Key accounting & tax concerns

  • Platform payout reconciliation (fees, refunds, chargebacks)
  • Inventory and cost of goods sold tracking
  • Multi-province and cross-border sales tax obligations
  • Cash flow management around inventory purchasing

Workflow

What working together looks like

  1. 01

    Platform & structure review

    We review your sales channels, current bookkeeping setup, and business structure.

  2. 02

    Ongoing reconciliation

    Platform payouts, fees, and inventory movements are reconciled into your books regularly.

  3. 03

    Sales tax compliance

    GST/HST and PST obligations are reviewed and kept current as your sales footprint grows.

  4. 04

    Year-end & planning

    Financial statements and tax filing wrap up the year, with planning for growth ahead.

FAQ

Common questions

Yes, we work within the cloud accounting ecosystem to reconcile sales, fees, and payouts from common e-commerce platforms into your bookkeeping.

Ready when you are

Ready to talk about your e-commerce & retail accounting?

Book a consultation and we'll discuss what your business needs.

CallBook a Consultation