E-commerce Accounting Software
Track inventory costs, sales tax, and profitability across channels.
Start Free TrialBuilt for E-commerce
Multi-Channel Reconciliation
Automatically import and reconcile transactions from Shopify, Amazon, WooCommerce, and other platforms into a single ledger.
True Product Profitability
Calculate per-SKU margins by factoring in COGS, shipping, packaging, marketplace fees, returns, and advertising spend.
Sales Tax Nexus Tracker
Monitor your sales volume by state and alert you when you approach economic nexus thresholds requiring new tax registrations.
Inventory Valuation Engine
Track inventory costs using FIFO, LIFO, or weighted average methods with automatic adjustments for damaged, returned, or obsolete stock.
Financial Challenges for E-commerce
- Reconciling sales, fees, refunds, and payouts from multiple platforms like Shopify, Amazon, and Etsy
- Calculating true product profitability after shipping, packaging, marketplace fees, and return costs
- Managing multi-state sales tax obligations that change as you cross nexus thresholds
- Tracking inventory valuation accurately using FIFO or weighted average across multiple warehouses
E-commerce businesses generate enormous volumes of financial transactions across multiple platforms, each with its own fee structures, payout schedules, and reporting formats. A single Shopify store selling on Amazon and Etsy can produce thousands of line items per month that need to be reconciled, categorized, and reported accurately.
FiscalInsights cuts through the complexity with automated multi-channel reconciliation. Our platform pulls transaction data from all your selling channels, matches payouts to bank deposits, and calculates true product-level profitability after all fees, shipping costs, and returns. You'll see exactly which products and channels are driving profit—and which are quietly losing money.
From sales tax compliance across dozens of states to inventory valuation for year-end reporting, FiscalInsights handles the financial complexities that make e-commerce accounting uniquely challenging. Scale your store confidently knowing your numbers are always accurate and audit-ready.
Frequently Asked Questions
How do I reconcile Shopify payouts with my bank account?
FiscalInsights connects to both Shopify and your bank, then automatically matches payout deposits against individual orders. It separates gross sales, fees, refunds, and chargebacks so you can reconcile to the penny without manual spreadsheet work.
How do I know if I have sales tax nexus in a state?
Our nexus tracker monitors your sales volume and transaction count by state in real time. When you approach common thresholds like $100,000 in sales or 200 transactions, you get alerts with specific guidance on registration requirements and filing deadlines.
What is the best inventory valuation method for e-commerce?
Most e-commerce businesses use FIFO (first in, first out) because it matches the natural flow of goods and is accepted by both GAAP and the IRS. FiscalInsights supports FIFO, LIFO, and weighted average, calculating the tax impact of each method for your specific situation.
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Built for e-commerce who want to spend less time on bookkeeping.
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