If you're selling on Amazon, Shopify, Ebay, Etsy, or Walmart, you're our customer. All of our bookkeepers specialize within eCommerce bookkeeping.
We're process people that like to keep things simple. We'll set your books up so that they are powered by proven processes and can easily be built upon.
Work with a dedicated team of eCommerce bookkeepers that provide fast communication and proactive insights into improving your financials.
With your books, receive monthly analysis on your reports so you can know your numbers better and make smarter business decisions.
EcomBalance is built by eCommerce sellers and entrepreneurs, not bookkeepers, although we have a great Bookkeeping team. Connor Gillivan and Nathan Hirsch sold over $25 million on Amazon before building and selling an eCommerce freelance marketplace, FreeUp. We have been in the space for 15+ years building strong bookkeeping processes in our businesses. Strong financials helped us scale and eventually exit FreeUp.
We are great at hiring bookkeepers and we bring an entrepreneurial mentality to bookkeeping. We speak to entrepreneurs and know what entrepreneurs (specifically sellers) want in a monthly bookkeeping service. We are also process junkies. Our focus is strong and efficient processes from pricing to integration to getting you financials you can actually understand and make decisions on.
Our service is straightforward. We charge you on the first of the month and you get your books by the 15th. You get an income statement, balance sheet and cash flow statement each month along with any findings and recommendations. We work out of Quickbooks Online or Xero.
We offer both cash and accrual bookkeeping. We recommend consulting with your CPA to decide which is best for your business.
When you fill out a pricing form, make sure to indicate which one you require.
For accrual bookkeeping, please note that sales and COGS are reported as accrual basis. A2X (the tool we use to connect with eCommerce marketplaces and processors) imports all sales/COGS data under accrual basis accounting.
Right now, we don’t offer a service to accrue expense accounts since that would cost significantly more time and money (and is unnecessary for most businesses).
Your free month is just like our normal month of bookkeeping. You get an income statement, balance sheet, and cash flow statement for that month. Please note if there is Catch Up or Clean Up work, we will have to do that first before we can do your free month of bookkeeping.
You’ll get our Ecommerce Bookkeeping Guide, The 10 Ecommerce Bookkeeping Mistakes Ebook, our Monthly Finance Meeting Agenda, & a few surprises!