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Accounting and Tax Solutions Tailored for Etsy

Specialized Support for eCommerce Ventures


At Ghumans, we offer tailored bookkeeping and tax accounting services for Etsy sellers designed to boost your online shop’s profitability. Our services are fully customized to meet the unique needs of Etsy businesses, providing you with expert accounting solutions that streamline your operations. Transform the way you manage your business finances and achieve growth like never before. With our support, you can expand your customer base, increase revenue, and outperform the competition.

FINANCIAL Etsy SERVICES

  • Expertise in Corporate Finance
  • Specialists in A2X, QuickBooks Online (QBO), and Xero
  • Masters of SAGE and FreshBooks

BUSINESS EXPANSION

  • Goal and Challenge Assessment
  • In-depth Situation Analysis
  • Tailored Business Solutions

EASY COMMUNICATION

  • Customer-Focused Engagement
  • Clear, Detailed Explanations
  • Collaborative Working Approach

Our Vision & Mission for Amazon Service Clients

At Ghumans, our mission is clear: to provide expert Etsy tax accounting and bookkeeping services that offer professional support, advice, and solutions to help you achieve your business goals. By partnering with us, you’ll gain the financial insight needed to grow your Etsy shop year after year

Our Range of Services

Full-Service Accounting for Etsy Sellers

Cover all your financial needs with comprehensive accounting services at Ghumans. From financial statements and cash flow analysis to record-keeping and financial planning, we offer fully customized Etsy accounting services to support your business and help you achieve long-term success

Sales Tax Registration and Filing

At Ghumans, we provide specialized tax services for Amazon resellers, ensuring that you properly register, collect, and remit sales tax in compliance with legal requirements. Our team helps you navigate the complexities of Canadian tax law, keeping your business fully compliant with the latest regulations.

Bookkeeping

Managing invoices, revenue, sales, expenses, and other financial documents for an Etsy business can be overwhelming. At Ghumans, we offer tailored Etsy bookkeeping services to keep your finances organized and ensure you always have a clear picture of your business’s performance and growth.

Tax Preparation & Planning Selling

Selling on Etsy comes with the responsibility of managing tax filing, but it goes beyond just paperwork. At Ghumans, we offer comprehensive tax preparation and tax planning services tailored for Etsy sellers. Our services help you make informed business decisions, ensuring compliance while driving your company’s growth.

Financial Statements

How can you make informed business decisions without regular financial statements and analysis? At Ghumans, we provide financial statement preparation services, including cash flow analysis and income statements, specifically for Etsy sellers. With our expert support, you’ll have the insights you need to grow your business effectively.

Software Integration and Management for Etsy Sellers

At Ghumans, we specialize in integrating industry-leading accounting software like QuickBooks and Xero to meet all your business needs. Our seamless software syncing and integration ensures accuracy and prevents errors or missed documents, allowing you to focus on growing your Etsy shop with confidence.

OUR CLIENTS ARE OUR TOP PRIORITY

Three Reasons Why Our Clients Keep Coming Back

Unlimited, On-Demand Support

Get access to your full accounting team, including your CPA, whenever you need them. Reach out via video chat, phone, or email for immediate assistance.

Upfront and Honest Pricing

Enjoy peace of mind with transparent monthly pricing—no hidden fees, no surprise charges, and no long-term commitments.

Fully Online, Fully Accessible

Our advanced online tools make it easy to collaborate in real-time, providing you with up-to-date financial insights at your fingertips.

Join our community of satisfied clients today!

Assistance with Tax Account Registration in Canada

Elevate your Etsy seller business with Ghumans Etsy accounting solutions. While Etsy is an exciting and dynamic platform, it’s also a rapidly growing and competitive marketplace. To thrive, Etsy sellers must stay ahead of trends and make smart, innovative decisions to expand their business.

At Ghumans, we provide expert bookkeeping and accounting services for Etsy sellers in Canada, the United States, and internationally. Our goal is to help Etsy sellers transform their side hustle into a full-time, successful career.

We work with the best accounting software and cutting-edge bookkeeping programs, ensuring your business remains compliant across all jurisdictions where you sell. Our team also delivers insightful financial analysis and detailed reports to guide your business decisions.

Ready to grow your Etsy business? Contact us today for a free consultation!

Do You Need an Etsy Accountant?

When you first start selling on Etsy, you might not feel the need for outsourced accounting or bookkeeping services. However, as your business grows, managing Etsy bookkeeping and accounting becomes essential for staying organized and compliant.

Do you often find yourself asking questions like:

  • Am I allowed to sell products in this country?
  • How much tax should I be charging?
  • Do I need to register my business?
  • Do I have enough inventory for the season?
  • What should I charge for my products?
  • When do I need to file my taxes?
  • How much have my sales increased compared to last year?
  • What’s my cash flow like this month?
  • Can I afford to do this full-time?

As your Etsy business expands, these questions become more frequent and complex. A qualified tax accountant can provide clear answers and solutions to help you manage your business effectively.

Understanding your business’s legal and tax obligations is critical for selling on Etsy. For example, failing to charge and remit required sales tax in Canada can lead to penalties and legal issues. As an e-commerce seller, you’re legally required to collect and remit sales tax to the government. For businesses with annual sales below 1.5 million CAD, a federal return is only required once a year, but certain provinces or international jurisdictions have additional requirements.

If you’re unsure about how to register, charge, or remit sales tax for your Etsy sales, working with a tax accountant can ensure you stay compliant.

When Should You Hire an Etsy Accountant?

Asking yourself questions about your financial health, tax obligations, and business growth often indicates that it’s time to work with an experienced accountant and bookkeeper. They can help you:

  • Make informed business decisions.
  • Prepare financial documents for securing business loans.
  • Attract investors to grow your Etsy business.

Get Help with Etsy Bookkeeping and Tax Account Registration

Etsy businesses can grow quickly, and as soon as you start selling, it’s crucial to track your business registrations and tax accounts. But navigating the provincial and federal registration systems can be overwhelming, especially for international Etsy sellers.

That’s where Ghumans comes in. Our team of bookkeeping and tax experts manages all your business account and tax registrations in Canada, ensuring compliance and smooth operation for your Etsy store. We gather necessary documents, complete registrations on your behalf, and help implement your accounts seamlessly into your Etsy shop.

Once you’re compliant with all legal requirements, we assist in setting up your Etsy accounting and bookkeeping systems to keep everything organized, synced, and easy to understand.

Benefits of Bookkeeping and Tax Accounting for Etsy Businesses

As your Etsy business grows into an SME or larger entity, the advantages of outsourcing bookkeeping and accounting to a professional accountant become clear. Here are some key benefits:

Leverage Our Expertise

We have extensive experience working with Etsy sellers and can provide tailored bookkeeping, tax preparation, and accounting solutions to meet your specific needs.

Accelerate Business Growth

Professional bookkeeping and accounting offer deep insights into your financials, helping you cut costs and boost profits faster.

Stay Compliant

We handle compliance with federal regulations, so you can focus on growing your business without worrying about missing critical tax or legal requirements.

Worry-Free Registrations

We take care of all necessary business and tax registrations, ensuring you’re compliant with government regulations, whether for business, tax, or employee accounts.

Organize Important Documents

Our Etsy accounting software helps you manage and store critical records in one place, making it easy to find documents when needed.

Simplify Document Preparation

From financial statements and tax forms to employee payroll, we manage all your document preparation needs, ensuring accuracy and timeliness.

Stay Ahead with Robust Accounting Software

With advanced Etsy accounting integrations, you can better manage your finances, gain valuable insights, and outpace the competition.

Ongoing Support

Our team is available seven days a week to provide the support you need and answer any questions.

What’s the Best Accounting Software for Etsy Sellers?

Managing finances is essential for Etsy sellers, but finding the right accounting software that integrates seamlessly with Etsy can be challenging. Fortunately, there are several top-tier accounting tools designed to make bookkeeping easier and more efficient for Etsy shop owners. Below are the best accounting software options for Etsy sellers:

QuickBooks Online

QuickBooks Online is a leading choice for e-commerce businesses, including Etsy sellers. It offers easy integration with Etsy through the “Sync with Etsy” app, allowing you to automatically track sales, refunds, deposits, and more. The setup process is straightforward:

  • Link your QuickBooks account to your business bank accounts and credit cards.
  • Install the Sync with Etsy app for instant integration.
  • Authorize QuickBooks to access your Etsy shop.
  • Select which accounts to track transactions from, and you can import data as far back as the previous year.
  • Review and reconcile your transactions monthly to ensure accuracy.

QuickBooks provides a comprehensive view of your Etsy business, making it easier to manage finances and prepare for tax season.

 Xero

Xero is another powerful accounting software option for Etsy sellers. While Xero doesn’t directly integrate with Etsy, you can easily connect it using third-party apps, such as A2X or Zapier. Xero’s user-friendly interface and robust financial reporting make it an excellent choice for sellers looking to streamline their bookkeeping.

Real-time updates and easy-to-navigate dashboards make tracking sales, expenses, and profits hassle-free. The team at Ghumans can assist in setting up the right third-party software for seamless Etsy-Xero integration.

 Wave Accounting

Wave is a popular choice for Etsy sellers, especially those with small to medium-sized businesses or just starting out. The software is free, making it highly attractive for sellers who want to manage their finances without any upfront costs.

Wave offers basic bookkeeping features, such as tracking income and expenses, generating invoices, and managing receipts. Its intuitive interface allows Etsy sellers to manage their accounting without any prior experience. However, if your business grows significantly, you may eventually need more advanced features that are available in paid software options like QuickBooks or Xero.

GoDaddy Bookkeeping

GoDaddy Bookkeeping is designed for online sellers, including those on Etsy. It’s an affordable alternative to more expensive software like QuickBooks and Xero, but it still provides the essential features you need to track your Etsy transactions.

GoDaddy Bookkeeping syncs with your Etsy account to track sales, fees, taxes, and other important financial data. Its simplicity makes it ideal for Etsy sellers who want to handle their accounting without the complexity of larger software packages. GoDaddy Bookkeeping is especially useful for preparing taxes, ensuring that all your transactions are organized and accessible.

Ghumans Accounting and Bookkeeping Services for Etsy Sellers

At Ghumans, our team of tax accounting professionals is committed to helping Etsy sellers succeed. We offer a variety of customizable, scalable accounting, bookkeeping, and tax services tailored to the needs of e-commerce sellers. Our services ensure compliance across different jurisdictions, adherence to government regulations, and the support necessary to grow your Etsy business.

Our Key Services for Etsy Sellers Include:

  • Tax Number Registration: We help you register for tax numbers in all required provinces and jurisdictions.
  • Tax Document Preparation: Our team collects, prepares, and organizes all tax documents in compliance with Canadian regulations.
  • Tax Filing: We handle all aspects of tax filing, ensuring full compliance with the latest Canadian tax laws.
  • Complete Tax Compliance: Stay compliant with tax requirements and avoid penalties.
  • Managed Etsy Payments: We oversee Etsy payments, ensuring accurate accounting and reporting.
  • Payment Processing: Whether you have a tax refund or tax payable, we handle payment processing smoothly.
  • Regular Bookkeeping: Our team maintains consistent bookkeeping and record collection for easy financial tracking.
  • Account Reconciliation: We ensure your accounts are balanced and reconciled with accuracy.
  • Software Recommendations and Setup: We recommend and set up the best accounting software solutions for your Etsy shop, including integration and ongoing maintenance.
  • Financial Statements: We create and analyze financial statements to give you a clear view of your business’s financial health.
  • Audit Support: Our team is prepared to support you in the event of an audit, liaising with tax authorities on your behalf.
  • Liaison with CRA: When needed, we communicate directly with the Canada Revenue Agency (CRA) to resolve any issues.
  • Year-Round Support: Get professional advice and recommendations throughout the year for tax planning and financial growth.
  • Canadian Tax Planning: We offer strategic tax planning services to minimize your tax liabilities.
  • Financial Planning: Our financial experts help you plan for long-term business growth and profitability.

Get Expert Help with Etsy Accounting and Integration

Etsy is one of the fastest-growing e-commerce platforms, and strong accounting and bookkeeping are essential to making effective business decisions. At Ghumans, we specialize in working with Etsy sellers across Canada and the United States, assisting with everything from tax registration to financial reporting. Our services are designed to help you prepare for tax season, meet compliance requirements, and produce financial documents that guide better decision-making.

Let Ghumans support your Etsy shop’s growth. Schedule a free consultation today and take the first step towards professional accounting and financial success.

Why Work with Professional Canadian Tax Filers?

Tax Preparation
No need to waste time learning the Canadian tax system – we handle it for you.		 Canadian Compliance
We ensure you follow all regulations and legislation for taxes and duties in Canada.		 Regular Statements
We let you know how your Amazon sales tax numbers in Canada look year-round.
Canadian Partner
Our team is part of your team. We act as your Canadian business partners.		 Stay on Top of Documents
Never miss an important invoice or deadline that can change your tax organization or charges.		 Peace of Mind
You never have to worry that you are missing something, making a mistake, or otherwise not following Canadian tax law when you work with us.
Benefit from Experience
With years of experience working with Amazon sellers and distributors, we understand the industry best.		 Expand your Business
When you are ready to sell products on Amazon internationally in Canada, you gain access to millions of new customers. We can help.		 Beat the Competition
Expand faster, have better products, and better prices for Canadians when you follow tax legislation and engage in tax planning effectively.

Get Expert Amazon Seller Accounting Support Today

At Ghumans, we bring years of expertise in helping international Amazon sellers manage their accounting, tax filings, and bookkeeping needs. Our goal is to ensure your business stays compliant with tax regulations while simplifying your financial processes.

Interested in learning more about our specialized Amazon Seller Services? Schedule a free consultation and receive a custom quote from our Canadian tax experts. Reach out to us today!