- CA : 1001 Wilshire Blvd, Los Angeles, CA 90017
- NY: 1178 Broadway, 3rd Floor #3067, New York, NY 10001
Ecommerce accounting tracks every dollar across your sales channels, revenue, platform fees, payment processing, COGS, refunds, and ad spend, so you see true profit. Most bookkeepers treat ecommerce like any other business. We don’t. We understand multi-channel payouts, FBA fees, Shopify settlements, GST/HST place-of-supply rules, and how to track landed costs in CAD for imported inventory.
Happy Clients
Years in industry
Strong team
We reconcile bank deposits against true sales, strip out platform and gateway fees, and track COGS by SKU -so you know actual profitability by channel, not just topline revenue.
Canadian ecommerce tax depends on where your customer is, not where you are. We manage GST/HST and PST/QST/RST on place-of-supply rules across every province, handle registration once you pass the $30,000 threshold, and keep your filings on time.
Since 2021, marketplaces like Amazon have collected and remitted GST/HST on many third-party sales. We untangle what the platform handles versus what you still owe -so you don't double-remit or under-report.
We value inventory on a Canada-compliant basis (FIFO or weighted-average -never LIFO) and build duties, customs, and CAD landed cost into your COGS, so margins reflect reality.
Importing stock or selling into the US adds GST-on-imports, CARM obligations, US nexus exposure, and multi-currency complexity. We build it all into your books so cross-border growth doesn't create a compliance mess.
No more 30–45-day closes or mystery ad spend ROI. You get a quick month-end close and live dashboards showing cash position, channel profitability, and marketing return.
Over the years, we’ve met many ecommerce brands facing the same issues behind the scenes and helped them regain control when the finances got messy. Most bookkeepers make the same critical ecommerce mistakes, and they cost you thousands: recording bank deposits as revenue, expensing inventory when purchased, missing GST/HST obligations across provinces, not tracking COGS by SKU, ignoring payment gateway fees, and mixing business with personal expenses.
The worst part? Most owners don’t know these problems exist until tax season hits or they try to raise funding. If you’re nodding at any of these, you’re not alone.
Stop spending 20+ hours a month on bookkeeping. We provide outsourced ecommerce accounting built around how online businesses actually operate, multi-channel payouts, platform fees, refunds, inventory, and Canadian sales tax -so you can focus on growth.
You get clean, reconciled books across every channel, accurate COGS and inventory valuation, GST/HST and provincial tax handled correctly, and real-time reporting on channel profitability and cash flow.
Instead of discovering problems at tax time or during a funding round, you stay ready year-round -with a team that scales support as you add channels, products, and markets.
That’s the GST/HST registration threshold. Once you’re near it, registration, tracking, and provincial sales tax stop being optional and getting them right from the start avoids penalties later.
Place-of-supply rules mean a sale to Ontario, BC, Alberta, and Quebec can each carry a different tax. We make sure you charge, collect, and remit the right amount everywhere your customers are.
Amazon, Shopify, Walmart, eBay, and your own site all settle differently. When reconciling them by hand eats your evenings, it’s time to consolidate into one clean set of books.
Duties, GST on imports, CARM, US nexus, and multi-currency all complicate the picture fast. We build them into your accounting, so cross-border doesn’t become a liability.
If the month-end drags 30–45 days and you can’t say which products or channels actually make money, you’re flying blind. We deliver fast closes and SKU-level profitability.
Closing: In ecommerce, small errors compound across thousands of transactions. The earlier your books, sales tax, and inventory are handled properly, the more profit you keep and the faster you can scale.
Founder | Fractional CFO
Gary started Ledger Labs in 2014 and has helped over 2,000 ecommerce businesses improve their finances. He focuses on CFO services, setting up ERP systems such as NetSuite, Odoo, and QuickBooks, and automating financial processes for growing online brands.
Operations Manager
Allison is a Certified Public Accountant (CPA) and a member of the AICPA. She oversees operations at Ledger Labs, ensuring accurate, compliant financials for hundreds of clients. With experience in both public and private accounting, she builds scalable systems that support fast-growing ecommerce businesses.
Accountant
Matt brings 7+ years of accounting experience across ecommerce, SaaS, and technology. He specializes in financial reporting, month-end close management, and ERP implementations (including NetSuite transitions). Matt ensures our clients get accurate, timely financials they can rely on for growth decisions.
Find out what our customers are saying about our products.
Canadian ecommerce sellers charge GST/HST based on where the customer is located — not where the seller is — under place-of-supply rules. A sale to an Ontario customer attracts 13% HST; a sale to a BC customer attracts 5% GST plus 7% PST; a sale to a Quebec customer attracts 5% GST plus 9.975% QST. Once your revenue crosses $30,000, registration is mandatory and you must collect and remit correctly by province. We configure this in your platform and accounting software so every transaction is taxed correctly.
Our multidimensional experience and wide exposure have been channelized beautifully in these articles!
From saving thousands to scaling fast, these stories highlight how we help businesses grow smarter with real financial strategy and execution.
"We sell on Amazon and Shopify across every province, and our sales tax was a guess. Ledger Labs set up GST/HST and PST/QST properly on the place-of-supply rules. No more filing-deadline panic."
Nicole Bennett Founder, DTC Brand