Experts In The Unique Challenges of Accounting For E-Commerce

Intelligent planning and technical proficiency are required as each e-commerce bookkeeping solution must be custom-designed for the specific needs of each business configuration.

Tax Issues for E-Commerce Businesses

Should I Incorporate My Business? Ask us.

Tax Reporting for E-Commerce Businesses

If your corporation earns income from one or more webpages or websites, you are required to file Schedule 88, Internet Business Activities

Business Deductions for E-Commerce Businesses

Tax deductible expenses include:

  • Amazon and Merchant fees
  • Inventory
  • Shipping expenses
  • Home office and office expenses
  • Travel expenses
  • Make travel deductible in a legal way.
  • Marketing/branding, e.g. to develop your brand logo when selling your own brand
  • Sponsored ads
  • Accounting
Provincial Sales Tax and QST for E-Commerce Businesses

Your business may be required to register, file and pay for provincial PSTs and the QST. Ask us.

Accounting Issues for E-Commerce Businesses

Use a Cloud-based Accounting System (Xero to Paypal, Stripe, Shopify…), ask us about your options.

Manage your inventory in a smart way – use inventory apps, ask us for advice.

Cross border sale update? Ask us

Tracking p/l for each of your product? Ask us about setting up tracking categories.

Accounting Plus Testimonials

Accounting Plus Testimonials

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Xero Online Accounting Software

Operate more efficiently and have more time to focus on your business. 
Find out why over 300,000 people worldwide have moved to Xero’s online accounting solution.

Xero Online Accounting Software

Xero Key Features

  • Invoicing Made Easy
    Not only can you create professional recurring invoices in Xero, you can also keep track of when they are opened.
  • Value For Money
    Xero reduces your upfront business costs with free upgrades and access for an unlimited number of users all at an affordable monthly fee.
  • At-A-Glance Dashboard

    With just one click, you can see your bank balance, invoices, bills and expense claims, without having to log onto various websites.
  • Automatic Bank Reconciliation
    Xero imports and categorizes you latest bank, PayPal and credit card transactions so reconciliation is just one click away.

Trusted Accountancy For Over Two Decades

  • The Accounting Plus is our medical business' financial company which provides us with accounting, financial planning, and tax planning services. The w... Read More
  • I've been working with Peter Edrey and his people at Accounting Plus for about 18 years. Just like any relationship, things are not perfect 100% of th... Read More
  • Cannot say enough good things about Peter and his team. Knowledgable, efficient and responsible are just some of the adjectives to describe them!!
  • I am working with accounting plus since 1996, when it was a one man office ( Peter ). Well I have only good words to express my satisfaction from the... Read More
  • Business returns always done professionally with attention to detail. Keep up the good work

Start Growing Your Business Today

Speak with one of our accounting and tax specialists and discover how we can help grow your business.