specialists in online selling

Ecommerce

+ years

marketplace experience

M+

ecommerce revenue

ecom partnerships

client recommendation

what is ecommerce accounting?

eCommerce accounting differs from traditional accounting in several key ways, reflecting the unique complexities of running an online business. Unlike brick-and-mortar operations, eCommerce businesses often manage multi-currency transactions, inventory spread across multiple locations, and sales through platforms like Amazon, Shopify, or eBay. On top of that, they must navigate VAT compliance across various jurisdictions, especially when selling internationally, adding another layer of complexity.

At COPA, we specialise in eCommerce accounting, offering tailored solutions to tackle these challenges. Our approach goes beyond simple bookkeeping—we provide comprehensive business growth plans, seamless marketplace integration and setup, and full eCommerce solutions designed to help your business thrive in a competitive digital landscape.

Understanding Ecommerce Financial Challenges

Multi-Currency Transactions

Multi-Currency Transactions: Selling across different countries means dealing with various currencies, exchange rates, and associated fees, which can impact profit margins. Managing these transactions efficiently is crucial to maintaining accurate financial records and optimising revenue.

Inventory Management

eCommerce companies often deal with inventory spread across multiple locations, including warehouses, fulfilment centres, and dropshipping partners. Keeping track of stock levels, ensuring accurate valuation, and accounting for lost or damaged goods can be challenging without the right systems in place.

Sales Channel Integration

Most eCommerce businesses sell on multiple platforms like Shopify, Amazon, eBay, or Etsy. Coordinating financial data from these different sources, handling fees and commissions, and ensuring consistent reporting can quickly become overwhelming.

VAT Compliance Across Borders

Selling internationally brings complex VAT requirements, especially within the EU and other regions. Understanding thresholds, filing obligations, and reclaiming VAT can be a daunting task without specialist support.

Cash Flow Management

With fluctuating sales volumes, return rates, and seasonal demand, cash flow can be unpredictable. Managing these fluctuations while maintaining liquidity is critical for ongoing operations and future growth.

Pricing and Profit Margins

Balancing competitive pricing with rising costs like shipping, platform fees, and marketing can be challenging for eCommerce businesses. Maintaining healthy profit margins while adjusting pricing strategies to market conditions is a critical, ongoing challenge.

HOW WE CAN HELP

ecommerce Services

Scaling your Ecommerce Business with COPA

At COPA Accounting, we’re all about helping your eCommerce business grow smoothly and sustainably. Need finance to fuel your next big move? We’ve got you covered. As your business scales, so do the challenges—whether it’s keeping your financials accurate, staying on top of tax rules, or making sure your logistics run like clockwork. We have the solutions and partners to help you scale.

Looking to expand across multiple marketplaces like Amazon, Shopify, or eBay? No worries—we’ll help you get everything set up and integrated, so you can focus on selling.

Thinking about going global? From international tax and EU VAT to setting up global group structures, we’ve got the expertise to guide you through it. And when it comes to keeping your profit margins healthy, we’ll help you navigate the tricky stuff like pricing and logistics. Wherever you want to take your eCommerce business, we’ll be there to support you every step of the way.

FULL CONFIDENCE IN OUR SERVICE

Ecommerce Client Testimonials

In this video, Alex shares how COPA Accounting helped him secure a £120,000 VAT refund in just four weeks after facing challenges with his accounts.

Hear how our team's quick response and dedication made a significant impact on his business, and why he trusts us for future support.

In this video, Taylor shares his experience working with COPA Accounting over the past two years. As the owner of an e-commerce business, he found our expertise in the e-commerce space invaluable.

From quick responses to ongoing guidance, Taylor explains how we’ve become a key asset to his business and why he recommends COPA Accounting to other business owners.