Shopify, Amazon and marketplace reconciliation
Match Shopify Payments, Amazon settlements and other marketplace payouts to your bank. Record sales, fees, refunds and adjustments separately.
Accounting for e-commerce brands
Make sense of what Shopify, Amazon and other marketplaces pay into your bank. We bring sales, fees, stock costs and VAT together so you can see what you have available for the next order.
Your dedicated account managerBacked by an ACCA-qualified team
Akash Pandey, FCCACo-founder
Nitin Punera, ACCACo-founder
Trusted by UK businesses
Where the numbers get complicated
Payouts that don’t match sales
Stock costs squeezing margins
VAT across borders
Stock due before cash lands
What we take care of
Stock, cost of goods and cash flow
Reconcile stock counts and purchase costs, calculate cost of goods sold and forecast cash around supplier deposits, delivery dates and payouts.
UK VAT and EU sales
Prepare UK VAT returns where agreed. Review your EU sales and shipping setup to identify where Union OSS, Import One Stop Shop (IOSS) or a local VAT registration may be relevant.
| Gross sales | £26,400 |
|---|---|
| Refunds | (£1,180) |
| Marketplace fees | (£3,420) |
| Net payout | £21,800 |
From first call to month end
Intro call
Tell us what you do, how you keep your records and which deadlines are coming up.
Scope and quote
We agree what we’ll handle, what you’ll send us and when. You get a quote for that work.
Handover
We agree which stores, marketplaces and payment providers to connect, then check your opening stock and any payouts still in transit.
Month end
We reconcile payouts and review sales, fees and stock costs. Your monthly figures show the margin after those costs and the cash you’ll need for upcoming purchases.
Trusted by online retailers
Amenity Box
Online supplier of hospitality products and guest amenities.
Morvii Ltd
Registered for online and mail-order retail.
Pricing
Start with bookkeeping and payroll. Add compliance, reporting or both, depending on what you need.
Base service
Bookkeeping & payroll
From £249 a month
- Bookkeeping
- Payroll processing
- Payment runs
- Bank reconciliations
- Multi-territory payroll
- Cap table management
Add to bookkeeping & payroll
Compliance
£1,800 per year
- VAT registration & returns
- Statutory accounts
- Tax filings
- Annual share scheme & EMI returns filing
Quoted separately
- R&D credits
- International compliance
Add to bookkeeping & payroll
Reporting
£1,200 per month
- Cash flow tracking
- Monthly KPI reports
- Management reporting
Quoted separately
- Financial forecasting
- Board reporting & modeling
- System implementation
Frequently asked questions
Yes. We keep a reconciliation for each channel and match its payout reports to the bank, so sales, refunds and fees can be reviewed separately.
The Union One Stop Shop can cover qualifying distance sales to EU consumers, such as goods shipped from stock held in the EU. IOSS is for eligible low-value goods imported from outside the EU. Eligibility depends on where goods are located, how they ship and who is responsible for VAT. European Commission guide to OSS and IOSS.
We start with purchase invoices, stock counts and the movement records from your inventory system. We agree how to account for costs such as freight and duties, and what to do about missing or obsolete stock.
Bookkeeping and payroll start at £249 a month. Compliance costs £1,800/year and reporting costs £1,200/month. Both are optional additions to bookkeeping and payroll.
Let’s talk about your accounts
Tell us what you need help with. We’ll reply within one working day.
