Reconcile sales, marketplace settlements, fees, returns, taxes and inventory so your books reflect how your e-commerce business actually operates.
The process below is the same across India. These are the parts that are set by Kanpur and its state, and they are the parts that decide where your paperwork goes.
CorporateWalla provides e-commerce accounting and bookkeeping services for marketplace sellers, Shopify stores, D2C brands and multi-channel online businesses.
We connect the accounting records to the underlying sales and settlement information so you can understand revenue, expenses, receivables, inventory and profitability across your channels.
Marketplace reconciliation · Sales accounting · TCS/TDS support · GST accounting · Returns & refunds · Inventory · P&L · Channel profitability
Plans from ₹2,499/month
An online order can generate multiple accounting records.
For example, a transaction may involve:
Customer order → Sale → GST → Marketplace charges → Payment/settlement → Return/refund → Tax deductions → Bank receipt
If the accounting process only records the amount deposited into your bank account, important information can be lost or misclassified.
CorporateWalla helps reconcile the underlying components according to your business model and the agreed accounting scope.
Depending on your business and package, we can support:
We can help reconcile Amazon-related accounting records, including the components relevant to your settlement statements.
Depending on the scope, this can include:
For Flipkart sellers, we can structure accounting around the relevant marketplace sales and settlement information.
This may include:
Shopify stores can involve multiple payment channels, sales returns, discounts, payment gateway charges and inventory movements.
We can help reconcile:
For businesses selling directly to customers, accounting can span:
CorporateWalla can structure the accounting workflow around your sales channels and reporting requirements.
Settlement reconciliation is one of the most important parts of marketplace accounting.
The amount credited to your bank account may differ from your gross sales because of deductions and adjustments.
Depending on the platform and business model, these can include:
We reconcile the relevant settlement information with the accounting records.
Marketplace data → Accounting records → Settlement → Bank
The four should be capable of being reconciled within the agreed reporting process.
One of the most common e-commerce accounting mistakes is treating the marketplace settlement received in the bank as automatically equivalent to sales revenue.
They are not necessarily the same number.
A marketplace may deduct fees, adjustments, refunds or other amounts before remitting the settlement.
The appropriate accounting treatment depends on the contractual arrangement, transaction structure and applicable accounting principles.
CorporateWalla can help establish a reconciliation framework so that the accounting records can be traced back to the underlying marketplace information.
E-commerce businesses can have additional GST considerations depending on their business model, locations, products, marketplace arrangements and transactions.
CorporateWalla can assist with the accounting records relevant to GST compliance, including:
GST filing can be included where specifically agreed.
The applicable GST treatment should always be determined based on the nature of the transaction and current law.
E-commerce businesses may encounter tax amounts collected or deducted through marketplace or payment arrangements.
Depending on the platform and transaction structure, we can help reconcile the relevant records with the accounting books.
This may involve:
The applicable tax treatment and rate depend on the transaction, platform, seller structure and current law.
We therefore do not use a single blanket tax rate across all e-commerce businesses.
Returns can create accounting differences if they are not properly linked to the original sale.
Your accounting workflow may need to consider:
CorporateWalla can help reconcile the relevant transactions and maintain the accounting records according to the agreed process.
E-commerce profitability cannot be understood properly without considering inventory.
Depending on your business, we can support:
For businesses with more complex inventory or manufacturing requirements, our Tally Accounting service may be appropriate.
Revenue alone does not tell you which sales channel is actually profitable.
Depending on the available data, we can help structure reports around:
This can help compare:
Amazon vs Flipkart vs Shopify vs D2C
The exact profitability methodology should be agreed based on the costs and data available.
Package limits are indicative.
Final pricing depends on:
| Requirement | Regular Bookkeeping | E-commerce Accounting |
|---|---|---|
| Transaction recording | ✓ | ✓ |
| Bank reconciliation | ✓ | ✓ |
| P&L | ✓ | ✓ |
| Balance Sheet | ✓ | ✓ |
| Marketplace settlement reconciliation | — | ✓ |
| Marketplace fee accounting | — | ✓ |
| Returns/refunds | Basic | ✓ |
| TCS/TDS reconciliation | Scope dependent | ✓ |
| Inventory | Scope dependent | ✓ |
| Channel profitability | — | ✓ |
| SKU-level reporting | — | Scope dependent |
| Multi-channel reporting | — | ✓ |
If you operate only a simple service business, regular bookkeeping may be sufficient.
If you sell through marketplaces or multiple online channels, specialized e-commerce accounting can provide a more appropriate reporting structure.
We can work with accounting environments appropriate to your business.
Useful for businesses looking for cloud accounting and integrated online workflows. Zoho Books Accounting
Useful for inventory-heavy and trading businesses with established Tally workflows. Tally Accounting
For eligible international businesses operating on supported QuickBooks products. QuickBooks Accounting
If you want to move your accounting system to Zoho Books:
Tally → Zoho Migration — From ₹9,999 · View Tally → Zoho Migration
As your e-commerce business expands, you may operate across multiple GST registrations or locations.
The accounting process may then need to distinguish:
We can structure the accounting workflow around your business requirements.
The exact GST treatment depends on the transaction and applicable law.
Don’t simply start recording the latest month’s transactions.
If historical marketplace settlements have not been reconciled, first identify the outstanding accounting issues.
We can review:
From ₹14,999
If your business has grown beyond basic monthly bookkeeping, a Virtual Accountant may be more appropriate.
The accounting team can coordinate:
From ₹4,999/month · View Virtual Accountant
As an e-commerce business scales, management may need more than bookkeeping.
A Virtual CFO engagement can support areas such as:
Tell us:
Your sales channels · Monthly order volume · GST registrations · Accounting software · Number of SKUs · Current accounting issues
We’ll recommend the appropriate accounting scope.
Call: +91 72783 76654
Mon–Sat · 10:00 AM–7:00 PM IST
Pick the speed and depth that matches your need. Same quality, same CA team — only the timeline changes.
Timeline: Per month
Timeline: Per month
Timeline: Per month
Government fee — paid by you at actuals
Marketplace fees, software subscriptions, government/statutory fees and other third-party charges are separate unless specifically included.
Every price above is a professional fee, excluding GST and government charges. 50% on delivery.
Prices shown are starting prices and subject to the agreed scope. Package limits are indicative.
We identify your marketplaces, website, payment gateways, GST registrations and accounting software.
We identify the reports and settlement information available from each channel.
We determine how sales, fees, returns, taxes, inventory and settlements will be represented in the accounting records.
The agreed accounting entries are recorded.
Marketplace/payment statements are reconciled against accounting records and bank settlements.
Where inventory accounting is included, stock records are reviewed against the relevant data.
Monthly financial statements and agreed management reports are prepared.
Unreconciled settlements, missing data or unusual differences are highlighted for resolution.
Tell us your requirement, a CA will call you in 30 minutes.
We understand that marketplace accounting involves more than recording bank deposits.
We connect relevant marketplace reports, accounting records and bank settlements.
We consider inventory where it forms part of your business model and engagement.
The accounting workflow can incorporate relevant tax records without applying blanket assumptions.
Build reporting across marketplaces, Shopify and D2C channels.
Start with bookkeeping and expand into Virtual Accountant, MIS or Virtual CFO support.
From ₹2,499 • Monthly
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From ₹4,999 • Monthly
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From ₹4,999 • About a week to ten working days
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From ₹9,999 • One-time
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From ₹9,999 • Delivered by the 12th
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From ₹49,999 • Minimum 6 months
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