Settlement reconciliation
Tie gross activity, refunds, fees, tax, reserves, and settlement transfers to the accounting file and bank. Identify timing differences rather than recording each payout as sales.
Amazon accounting and tax planning
Monthly accounting and year-round tax planning for incorporated Canadian Amazon sellers. Connect orders, fees, refunds, reserves, inventory, corporate tax, and owner decisions in Xero or QuickBooks Online.
Who this is for
You sell on Amazon.ca, or on Amazon.ca and Amazon.com, and need more than a bank-feed view. Inventory movements, settlement deductions, multiple currencies, or other sales channels are making the monthly results hard to trust.
Tie gross activity, refunds, fees, tax, reserves, and settlement transfers to the accounting file and bank. Identify timing differences rather than recording each payout as sales.
Connect supplier invoices, freight, duties, inventory movements, and COGS to the right period. Separate fees, storage, reimbursements, and stock adjustments using the available reports.
Review registration status, marketplace tax reports, and supporting invoices. GST/HST preparation and filing are included when required; provincial filings are separately scoped.
Estimate corporate tax and instalments, review owner withdrawals, and plan salary or dividend decisions using current results. The depth and frequency depend on the selected planning level.
What you receive
Accounting Foundation provides the monthly close, settlement reconciliation, financial statements, and GST/HST preparation and filing when required. Owner Planning adds tax estimates, instalment tracking, owner compensation planning, and scheduled reviews. Strategic Advisory adds forecasts and scenario work.
See an illustrative reporting package →Additional work
Corporate and personal income-tax returns, payroll, provincial filings, and historical cleanup are separately priced. Foreign tax and legal advice is provided by qualified local professionals under a separately agreed scope.
Pricing is private. A fixed-fee proposal follows the review if there is a fit.
A clear first step
Tell us what is changing in the business and where the tax or accounting uncertainty sits. No records or platform credentials are needed for the first inquiry.
The review does not include bookkeeping repairs, filed returns, legal advice, foreign tax opinions, or an audit unless those services are expressly included in a separate engagement.
Discuss your tax and accounting positionCommon questions
Yes. The engagement can connect CAD and USD settlement activity to the Canadian books. Foreign tax exposure is identified and coordinated with qualified local professionals when advice outside Canada is required.
Corporate income-tax returns are a separately priced annual service. The proposal states the monthly accounting scope, GST/HST filing frequency, and any annual or additional work.
EcomCount supports both Xero and QuickBooks Online. The paid E-commerce Owner Tax and Accounting Review considers the existing file and whether setup changes are needed before onboarding.
Related guides
Amazon deposits less than gross sales every settlement period. Here is what each category in the settlement report means and how to reconcile it.
Read the guide →Amazon's dashboard figures do not reflect actual profit. Here are the five cost layers every FBA seller needs to track to get to a true per-unit margin.
Read the guide →Amazon collecting GST/HST does not eliminate your compliance obligations. What registered and unregistered Canadian sellers need to know.
Read the guide →Selling on both Amazon marketplaces means two settlement currencies, two nexus pictures, and one seller trying to see a combined margin.
Read the guide →