Bookkeeping project
Bookkeeping setup for online sellers
Online sales arrive net of fees, refunds and held funds, which makes payouts impossible to match by eye. We set up your books so each sale, fee and payout is recorded and reconciled.
For sellers on Etsy, Shopify, Amazon or similar marketplaces.
What you get
- A chart of accounts built for sellers, with channels, fees, shipping and returns visible
- Sales channels connected or imported, with a method for recording gross sales, fees and refunds
- Payout reconciliation from each platform to your bank deposits
- Inventory and cost of goods set up in a way that fits your volume
- Sales tax records organized for the states you sell into, for your CPA or tax professional to review
- A profit by channel view using the Sales-Channel Profit Tracker approach
- A month-end routine and a training session
What we need from you
- Reports and access for each sales channel
- Bank and card statements
- A list of your products and what they cost you
- Your inventory counting method, or help choosing one
- Information on where you ship
How it works
- Map your channels. Where sales happen and how each platform pays.
- Design the books. Accounts, items and rules for fees, refunds and shipping.
- Connect and import. Bring in the history we agree on.
- Reconcile payouts. Tie each platform payout to the bank.
- Show profit and train. Channel profit report and a session on the routine.
What this is not
- We do not decide where you owe sales tax. Your CPA or the state agency does.
- We do not manage your listings, ads or customer service.
- We do not value your inventory for tax. Your CPA decides the method.
- Platform fees and features change, so we use your own statements as the source of truth.
Price
Starting at $800 one time.
Your written scope sets the final price before any work starts. What moves it: the number of sales channels and whether inventory is tracked by item. If we are not the right fit, we say so.
Related
- Sales-Channel Profit Tracker (Excel)
- Which sales channel is actually profitable?
- Bookkeeping for ecommerce sellers
- All projects
- Monthly service levels
Questions
Do you connect directly to Etsy or Shopify?
Often through a reporting or connector tool. The right approach depends on your volume and your software. We recommend one at scoping.
What about inventory?
Small sellers can often use a simple method. Larger ones need tracking by item. We agree this up front.
Will this help with my 1099-K?
It makes it easier to reconcile reported sales to your records. See the guide on reconciling Form 1099-K.
Can you keep my books afterward?
Yes, as monthly bookkeeping. See the service levels page.
MCC Solutions is not a CPA firm or a law firm. These projects organize and present your own numbers. They are not audits, reviews, tax returns, valuation opinions, or credit, tax or legal advice, and we cannot promise that a lender, buyer or investor will accept them. Rules and requirements change, so confirm anything that matters with the party involved and your CPA.