Ecommerce Accounting for Amazon and Flipkart Sellers in Bangalore — How it works with CorporateWalla®
Marketplace selling breaks ordinary bookkeeping. Amazon pays you a net number after commission, fulfilment fees, shipping, returns, TCS and adjustments, and that number will never match the invoices you raised. If your accountant books the settlement amount as revenue, your books are wrong, your GST returns are wrong, and your margins are invisible.
Bangalore (Bengaluru) is the startup capital of India — the highest concentration of tech entrepreneurs, funded startups, and SaaS companies. ROC Karnataka (Bangalore bench) handles all Pvt Ltd / LLP / Section 8 incorporation for the state. Karnataka stamp duty on share capital is the highest among the southern states, but Bangalore property rates and valuation are in high demand because of the startup + NRI investment climate. Many "company registration Bangalore" queries come from NRI founders (US, UK, Singapore) who want a startup in India.
Ecommerce Accounting pricing in Bangalore
3-tier transparent pricing. Government + GST included. Bangalore clients can pay via UPI, card, NEFT, or Razorpay. Karnataka professional tax: ₹200/month for salary earners (max ₹2,400/year). Businesses: ₹2,500/year.
starter
Timeline: Monthly retainer
standard
Timeline: Monthly retainer
- Settlement reconciliation, up to three platforms
- Sales booked gross, fees booked separately
- Monthly P&L and balance sheet
- GST returns with TCS credit reconciliation
- Returns and refund tracking across periods
- ×Per-SKU margin reporting
- ×Multi-state GST across fulfilment centres
- ×TDS 194-O reconciliation to Form 26AS
pro
Timeline: Monthly retainer
- Settlement reconciliation, unlimited platforms
- GST returns with TCS credit reconciliation
- Returns and refund tracking across periods
- Per-SKU margin reporting
- Multi-state GST across fulfilment centres
- Inventory and stock reconciliation
- TDS 194-O reconciliation to Form 26AS
- Consolidated view across all channels
Step-by-step Ecommerce Accounting process
- 1
Unpack the settlement
One payout contains sales, commission, fulfilment fees, shipping, returns, TCS, promotional charges and reversals. Sales get booked gross and every deduction booked separately.
- 2
Track the credits
GST TCS reconciled through GSTR-2B and claimed in GSTR-3B, and TDS under Section 194-O matched to Form 26AS. Both are credits and both get missed.
- 3
Returns across periods
A March sale returned in April has to be credited correctly across both periods, or your revenue and your GST both drift.
- 4
Per-SKU margin
Commission, fulfilment and returns allocated to products, so you finally know which SKUs make money and which are subsidising them.
Documents required for Ecommerce Accounting in Bangalore
Standard checklist. We help you prepare any missing item — for Bangalore residents, this can be done entirely on WhatsApp + email.
Why choose CorporateWalla® for Ecommerce Accounting in Bangalore?
Settlement value is not sales value
Booking the payout as revenue understates turnover, hides costs and produces a GST return that does not match GSTR-1. Sales must be booked gross with every deduction separate.
GST TCS is 0.5 per cent, not 1
Collected by the operator on the net taxable value of supplies at 0.5 per cent since 10 July 2024 — 0.25 per cent CGST plus 0.25 per cent SGST, or 0.5 per cent IGST. It was 1 per cent before that, and a great deal of published guidance still says so.
TCS is a credit, not a cost
It appears in your electronic cash ledger, is reconciled through GSTR-2B and claimed in GSTR-3B. Booked as an expense, you simply lose it.
Section 194-O works the same way
TDS deducted by the operator on gross sales, reduced from 1 per cent to 0.1 per cent with effect from 1 October 2024. It shows in Form 26AS and is adjusted against your income tax liability.
Multi-state stock means multi-state GST
Stock in a fulfilment centre in another state needs a GST registration in that state. Same-state warehouses need a REG-14 amendment instead.
Per-SKU margin is invisible until allocated
Until commission, fulfilment and returns are pushed down to products, most sellers genuinely do not know which of them make money.
Areas we serve in Bangalore
Ecommerce Accounting services across Bangalore’s key business districts. On-site visit available for bulk / corporate clients.
Frequently asked questions — Ecommerce Accounting in Bangalore
Q: What is the GST TCS rate for ecommerce sellers?
A: 0.5 per cent since 10 July 2024, being 0.25 per cent CGST plus 0.25 per cent SGST, or 0.5 per cent IGST. It was 1 per cent previously.
Q: Is TCS collected by Amazon a cost to me?
A: No. It is a credit. It appears in your electronic cash ledger, is reconciled through GSTR-2B, and is claimed in GSTR-3B. Booking it as an expense loses you the credit.
Q: Why does my settlement amount not match my sales?
A: Because settlement is net of commission, fulfilment, shipping, returns, TCS and adjustments. Sales must be booked gross with each deduction booked separately.
Q: How do I get ecommerce accounting in Bangalore?
A: Get ecommerce accounting in Bangalore in 3 steps: (1) WhatsApp or call us at +91 72783 76654 with your requirement, (2) we send a checklist + quote + collection link, (3) our CA team files the application in Monthly close. We serve all of Bangalore — including MG Road, Indiranagar, Koramangala, Whitefield and surrounding areas.
Q: Is Ecommerce Accounting online possible for Bangalore residents?
A: Yes — 100% online. Bangalore clients can submit documents by email / WhatsApp / Google Drive, and the application is filed electronically on the relevant government portal (MCA / GSTN / IP India / DGFT / FoSCoS, as applicable). You do not need to visit our office. We also do on-site visits for bulk / corporate engagements in Bangalore.
Ecommerce Accounting in other cities
We deliver ecommerce accounting services across all major Indian metros. Other high-search cities:
Ready to file your ecommerce accounting in Bangalore?
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