Accounting For E-Commerce Businesses

We provide expert e-commerce accounting for Irish online retailers – simplifying your finances, optimising taxes, and giving you clear insights to grow your business.

Online Practice of the Year - 2024

E-Commerce Is A Numbers Game

E-commerce is fast-paced and fiercely competitive. Between rising ad costs, fluctuating ROAS, and shifting customer behaviour, maintaining consistent profitability is a real challenge.

Whether you’re running a retail shop or an online store on Shopify, Etsy, or Amazon, you need accounting for e-commerce businesses that helps you see the full financial picture – not just your sales figures.

Learn how we help e-commerce and retail businesses scale profitably – take a look at our services for Creative Agencies, Small Businesses, and Technology Startups.

Your Specialist E-Commerce Accountants

Around Finance specialises in accounting for e-commerce business and online sellers.

Our experience working with leading Irish brands like Kinvara, means that we understand the technology, the mechanics, and what goes into making an e-commerce business a success story.

Our online accounting services are backed by leading technology and cloud accounting software for e-commerce businesses. Get started today with a free consultation.

Get The E-Commerce Growth Guide

Download this growth guide. Discover how to grow a profitable e-commerce business in Ireland.

Get The Ecommerce Growth Guide

Accounting Services For E-Commerce Businesses

At Around Finance, we specialise in accounting for e-commerce businesses – combining bookkeeping, tax, and strategic financial advice tailored to online and retail brands.

Our fully online, flexible services scale seamlessly as your business grows.

We’ll help you choose, set up, and integrate the right e-commerce accounting software to simplify your reporting and automate your financial processes.

From invoicing to reconciliations, we handle all aspects of online bookkeeping for e-commerce businesses – making sure your records are accurate, compliant, and cloud-based.

Understand your performance with detailed monthly Profit & Loss reports, real-time dashboards, and expert insights from experienced e-commerce accountants.

Avoid compliance issues and reduce your tax liability with guidance from a qualified e-commerce tax accountant familiar with Irish and international sales tax.

Get proactive financial advice on pricing, cashflow, and margins from specialists who understand how retail and online sales work together.

Need more support? Add payroll, business registration, or CFO-level advisory services to your plan as your business grows.

Quote_Left

Why Our Clients Love Us

Quote_Right

Hear what other Irish business owners are saying about us.

“Richie and the team have been incredible at taking our accounting out of the dark ages. Our previous accountant wasn’t the most technically savy person which meant our accounting & finance was slowing down our business doing tedious and monotonous tasks. Around Finance have automated and streamlined everything for us saving huge amounts of time and headaches. They have also saved us a lot of money through great advice. Would highly recommend.”

Picture of Paul Walsh

Paul Walsh

Founder | Adhere Digital

face logo

“Richie and his team are incredible. Always helpful and easy to contact especially if I ever have any questions. They make accounting and paper work very easy for business owners and make it so simple for anyone who may find it difficult to grasp. They have guided me in the best way possible and now I don’t need to worry about my accounts with having Richie & his team on board.”

Picture of Keara Lennon

Keara Lennon

Founder | Face. Brow Bar

“We certainly wouldn’t be where we are today without the online accounting and financial advice that we get from Around Finance! Richie has helped us simplify our ecommerce accounting and gives us meaningful insights into our financials that enable us to make the right decisions to keep growing.”

Picture of Jenni Timony

Jenni Timony

Founder | PinkFit

“We certainly wouldn’t be where we are today without the accounting and financial advice that we get from Around Finance! Richie has helped us simplify our ecommerce accounting and gives us meaningful insights into our financials that enable us to make the right decisions to keep growing.”

Jenni Timony

PinkFit Founder

SMALL BUSINESS FEATURE

FitPink Fitness

FitPink started with a burning desire to make fitness and athleisure wear that was functional, comfortable and flattering. From an idea and a sketchpad in 2017, FitPink was launched with its very first collection in 2019.

FitPink’s range of leggings and t-shirts have been rigorously trialled and tested by their tribe of active women, at home and in the gym. Tested in the most intense body-pump classes and 10k runs, you can be sure YOU are getting flattering, sweat-proof, moisture-wicking and a fast-drying product, regardless of colour choice.

Around Finance is proud to provide specialist ecommerce accounting services to this Irish business.

FitPink Fitness

“We certainly wouldn’t be where we are today without the accounting and financial advice that we get from Around Finance! Richie has helped us simplify our ecommerce accounting and gives us meaningful insights into our financials that enable us to make the right decisions to keep growing.”

Jenni Timony

PinkFit Founder

SMALL BUSINESS FEATURE

FitPink Fitness

FitPink started with a burning desire to make fitness and athleisure wear that was functional, comfortable and flattering. From an idea and a sketchpad in 2017, FitPink was launched with its very first collection in 2019.

FitPink’s range of leggings and t-shirts have been rigorously trialled and tested by their tribe of active women, at home and in the gym. Tested in the most intense body-pump classes and 10k runs, you can be sure YOU are getting flattering, sweat-proof, moisture-wicking and a fast-drying product, regardless of colour choice.

Around Finance is proud to provide specialist ecommerce accounting services to this Irish business.

Speak To A Specialist Ecommerce Accountant Today

The KPIs Every E-Commerce Business Should Be Tracking

As specialists in accounting for e-commerce businesses, we help you focus on the numbers that truly drive profit – not just sales volume.

Our e-commerce accountants make sure your financial reporting tracks the right KPIs, giving you insight into performance, efficiency, and growth potential.

Here are just a few of the key metrics we monitor with clients:

What Are You Looking At?
Ecommerce Accounting Software

E-Commerce Accounting Software

One of the challenges of growing your online business is knowing how to connect your sales platforms and apps to your accounting software.

We’ve worked with some of the best software for e-commerce businesses and can help you choose and integrate the right tech stack.

As a tech-centred firm we use accounting software to organise your finances and ensure that you have the right information at your fingertips.

SMALL BUSINESS FEATURE

Ekotree

Ekotree Knitwear Studio and Visitor Centre is based in the village of Doolin, County Clare along the scenic Wild Atlantic Way. They are designer-makers of Irish knitwear using the highest quality natural yarns including cashmere, superfine alpaca, lambs wool merino, mohair, linen & organic cotton.

Ekotree believes in making clothing manufacture better and continually strives for more sustainable business practices. They are proud members of the Burren Tourism Network and adhere to the leave No Trace ethics programme.

We’re proud to be associated with this retail business and support them with our accounting expertise.

“We were delighted to find a retail accountant who understands the finance and operational challenges we face with trying to grow our business through both our partnership with brick-and-mortar stores and our online offering.”

Ekotree

SMALL BUSINESS FEATURE

Ekotree

Ekotree Knitwear Studio and Visitor Centre is based in the village of Doolin, County Clare along the scenic Wild Atlantic Way. They are designer-makers of Irish knitwear using the highest quality natural yarns including cashmere, superfine alpaca, lambs wool merino, mohair, linen & organic cotton.

Ekotree believes in making clothing manufacture better and continually strives for more sustainable business practices. They are proud members of the Burren Tourism Network and adhere to the leave No Trace ethics programme.

We’re proud to be associated with this retail business and support them with our accounting expertise.

Ekotree

“We were delighted to find a retail accountant who understands the finance and operational challenges we face with trying to grow our business through both our partnership with brick-and-mortar stores and our online offering.”

Ekotree

Watch Our E-Commerce Growth Webinar

Watch Our Ecommerce Growth Webinar

FAQs

Still got questions?
Let us know what you’re looking for.

An e-commerce or retail business doesn’t have to have an accountant but it’s a very good idea. The monthly cost of accounting for e-commerce business and retail stores isn’t much and the value is more than made up in avoiding mistakes and the insights and financial information you receive from experienced e-commerce accountants will help you grow your store.

Loss prevention in retail is taking proactive steps to reduce loss in your retail environment. Retail stores often lose money through common problems than can easily be prevented, such as theft, shrinkage, human errors and wastage. These issues are quickly identified with effective accounting for e-commerce business and retail stores.

Accounting for e-commerce businesses involves managing online transactions, dealing with various payment gateways, handling international sales and taxes, and often requires specialised e-commerce accounting software. In contrast, accounting for regular businesses primarily focuses on physical transactions, inventory management, and may use different types of accounting software.

Your final retail selling price should cover the cost price of that product and leave enough margin to contribute towards operating expenses (rent, utilities, insurance, etc) plus leave some profit for yourself. Don’t miss out on our expert guide for e-commerce pricing strategies.

Yes, Shopify can integrate with Xero, allowing for seamless synchronisation of sales data, inventory levels, and financial transactions. This integration helps streamline bookkeeping and accounting processes for e-commerce businesses using Shopify. For more details and insights on this integration read our blog.

Utilising specialised e-commerce bookkeeping services or software that integrates with Shopify can help manage your transactions, inventory, and financial reports efficiently. Regularly reviewing your financial data and working with an accountant that has experience in Shopify bookkeeping can also be beneficial.

Look for a firm with expertise in e-commerce, a good understanding of online platforms like Shopify, experience with e-commerce accounting software, and a proven track record of helping e-commerce sellers navigate taxes and compliance.

Latest Blogs

Read up on some of our latest business news and useful information.

Scroll to Top

Book A Call Now

What’s Included In The Tech Company Setup Guide?

We reveal the essential steps for establishing and scaling your tech business in Ireland’s advantageous business environment. We cover:

Submit the form to download your free guide and start building your Irish tech company on solid financial foundations.

Business Grants Included

Inside this comprehensive PDF guide to Irish business grants you’ll find grants and supports across:

Submit the form to download you free copy now!

What’s Included In Marketing Agency Growth Guide?

In this complementary PDF we will empower you with the tools and show you practical examples to successfully grow your Marketing Agency.

This growth guide covers:

If you are ready to explore the next phase of your marketing agency’s growth, then this eBook was created for you to enable you to take the steps that make your vision a reality.

Submit the form to download your free copy now!

What’s Included In The
Ecommerce Growth Guide

In this free PDF guide we give you the tools and practical examples to teach you how to grow a successful ecommerce business. We cover:

Submit the form to download you free copy now!