Accounting and Tax Solutions Tailored for Shopify
Specialized Support for eCommerce Ventures
Ghumans offers specialized tax accounting and bookkeeping services for Shopify in Canada, designed to transform the way you manage and plan your business for both the present and the future. By partnering with us, you’ll be able to broaden your customer reach, boost your revenue, and achieve unprecedented growth for your business.
FINANCIAL SHOPIFY 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
Our Range of Services
Accounting
Ensure comprehensive financial management with services ranging from financial statements and cash flow analysis to meticulous record-keeping and financial planning. Whatever Shopify accounting support you require, Ghumans is here to assist you.
Sales Tax Registration and Filing
Ghumans provides comprehensive Shopify tax services to help you register, collect, and remit sales tax in accordance with local regulations. We guide you through the complexities of Canadian tax law, ensuring you remain compliant.
Bookkeeping
Handling invoices, sales, expenses, and other financial documents for your Shopify business can be daunting. Our Shopify bookkeeping services help you stay organized, ensuring you always have a clear picture of your business’s financial health.
Software Integration and Management
Financial Statements
How can you make informed business decisions without regular financial statements? We provide financial statement preparation and analysis for Shopify sellers in Canada, empowering you to effectively grow your business.
Payroll
Is your Shopify business expanding quickly? Our payroll services for Shopify e-commerce ensure compliance with local payroll regulations, while making sure your team is paid accurately and on time.
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
Shopify is one of the most powerful e-commerce platforms available, allowing users to easily start, grow, and manage their online businesses. This makes it a fantastic opportunity for both small entrepreneurs and large corporations to thrive.
However, even the best e-commerce software has its limitations. Accounting software that integrates with Shopify addresses these gaps, enabling you to effectively manage your accounting, bookkeeping, tax preparation, and more.
At Ghumans, we offer specialized Shopify bookkeeping, accounting, and tax services tailored to help you grow and manage your e-commerce store. Whether you’re a small business, SME, or a multinational corporation, we’re here to support your financial needs.
Our team of experienced tax accountants and bookkeepers utilizes top-notch Shopify accounting software to drive your business forward. With numerous options for Shopify accounting apps and software, we assist you in selecting the best fit for your business, setting it up, managing it, and handling all your accounting, bookkeeping, and tax preparation needs.
Let us help you avoid financial surprises, audits, and common accounting mistakes. The Shopify accounting experts at Ghumans are dedicated to ensuring your Shopify store’s success.
Business Obligations for Shopify Accounting and Bookkeeping
Congratulations on setting up your Shopify store and starting to generate income! But what comes next?
While running an e-commerce store on Shopify typically involves lower overhead costs compared to traditional brick-and-mortar businesses, your tax obligations and accounting needs are just as crucial. Once you start selling products through Shopify, you must address several key business obligations, including:
- Registering for GST/HST and/or PST: Ensure you have the right tax registration for your region.
- Tracking Product and Tax Revenue: Keep detailed records of your sales and taxes collected.
- Remitting Taxes to the Government: Stay compliant by submitting your taxes on time.
- Preparing Financial Statements: Regularly review your financial health to make informed decisions.
- Applying for Business Loans and Grants: Know your options for financial support.
- Tracking Business and Personal Expenses: Maintain clarity between your business and personal finances.
- Registering Your Business: Ensure you’re properly registered with the government.
If your Shopify store operates across multiple provinces or internationally, your obligations can grow significantly. Missing a registration, incorrectly filing paperwork, or overlooking deadlines can lead to hefty penalties that could seriously impact your bottom line.
That’s where Ghumans steps in. We specialize in ensuring your Shopify business utilizes the best accounting software, apps, and systems for effective financial tracking. We help you register for the necessary accounts and prepare for tax time, allowing you to focus on growing your business while we handle your accounting needs.
Shopify Bookkeeping, Accounting, and Tax Services
At Ghumans, our Shopify accounting services are designed specifically for businesses using the e-commerce platform. Whether you’re a new shop owner needing guidance or an established firm aiming to elevate your accounting practices, our tailored solutions can support your growth.
Our comprehensive Shopify accounting services include:
- Business Registration: Ensure your business is properly registered.
- Shopify Accounting Software Integration: Unify your financial processes with the right tools.
- Tax Number Registration: Get registered for tax numbers across all provinces and jurisdictions.
- Tax Document Collection and Preparation: Streamline your tax documentation.
- Tax Filing: Comply with Canadian regulations for seamless tax submissions.
- Tax Remittance: Ensure timely remittance to government authorities.
- Complete Tax Compliance: Stay compliant with all tax obligations.
- Regular Bookkeeping and Record Collection: Maintain organized financial records.
- Business Expense Tracking: Keep a close eye on your expenses.
- Accounting Support: Access expert guidance whenever you need it.
- Account Reconciliation: Ensure accuracy in your financial records.
- Software Recommendations and Setup: Choose and implement the best accounting solutions for your needs.
- Financial Statement Creation and Analysis: Gain insights into your financial health.
- Audit Support: Navigate audits with confidence.
- Liaising with the CRA: We communicate with the Canada Revenue Agency on your behalf when necessary.
- Dedicated Support Team: Get answers to your Canadian tax questions year-round.
- Professional Advice and Recommendations: Benefit from expert insights tailored to your business.
Work with the Best Shopify Accounting Software
Successful accounting and bookkeeping for your e-commerce store hinges on choosing the right software. With numerous combinations of Shopify and accounting applications available, it can be challenging to identify the best fit for your business.
At Ghumans, we assist you in selecting the ideal accounting software for Shopify, ensuring you effectively track, process, and access financial data. We typically recommend one of four top Shopify accounting apps to our clients:
- QuickBooks and Shopify Integration
- Xero and Shopify Integration
- A2X for Shopify
- FreshBooks Shopify Integration
We guide you through every step of the process—choosing, setting up, and managing your Shopify accounting software—so you can focus on what matters most: running your business.
QuickBooks Shopify Integration
The integration of Shopify with QuickBooks Online is one of the most popular choices for e-commerce accounting. Their robust functionalities work seamlessly together, providing detailed insights for accounting, bookkeeping, and tax preparation. With the QuickBooks Shopify app, all your critical financial information is available at a glance.
QuickBooks offers various plans tailored to different business needs, including the QuickBooks Enterprise integration for growing businesses. We can help you determine which options are best suited for your Shopify operations. The QuickBooks POS integration provides secure invoicing, cloud accounting, expense tracking, bookkeeping, financial statement generation, and tax preparation.
Navigating all the features and customizations of QuickBooks can be complex, but the experts at Ghumans are here to help you maximize the software’s potential, ensuring you get the most relevant financial data.
Xero Shopify Integration
The integration of Shopify with Xero is an excellent solution for small businesses or SMEs seeking a straightforward approach to accounting and taxes. Many accountants favor Xero for its customization options and user-friendly invoicing and money tracking capabilities.
With automated tax preparation and calculation, Xero simplifies compliance for businesses operating across provinces or internationally, making it a great choice for managing your Shopify accounting needs.
A2X Shopify Solutions
A2X is designed for e-commerce ease, offering intuitive design, high-level security, and robust data protection. A2X’s transparent reporting provides you with clear snapshots of your sales, taxes, and cash flow, enabling sound business decisions for your Shopify store. Pricing varies based on the level of service you require, but all packages include straightforward reporting.
FreshBooks Shopify Integration
FreshBooks offers an ideal solution for small businesses and entrepreneurs with a modest online presence. Its user-friendly cloud platform provides easy access to sales and inventory information, with real-time syncing to keep you updated on your business performance.
Shopify Accounting App Solutions for Your Business
The best accounting software for Shopify always includes a mobile app, allowing you to manage your bookkeeping and accounting on the go. Integrations like Shopify with QuickBooks, Xero, FreshBooks, and A2X all offer mobile applications, ensuring you can access your critical accounting data anytime, anywhere. These cloud-based accounting apps guarantee that your information is secure and readily available when you need it.
When recommending the ideal accounting app for your Shopify business, we consider your specific data needs and preferences to ensure you’re using the best solution for your operations.
Simplify Your Shopify Accounting Integration & Apps with Ghumans
Why choose Ghumans for your Shopify accounting? Our team of expert accountants and bookkeepers specializes in e-commerce accounting, ensuring you get tailored advice and support. We help you seamlessly integrate the best accounting solutions into your Shopify store, allowing you to focus on growing your business while we manage your financial needs. Let us streamline your accounting process and enhance your business’s financial efficiency!
Benefit from Experience With years of experience working with Shopify, we understand the intricacies of the technology best. |
Complete Compliance We ensure you follow all regulations and legislation for taxes and duties in your area of sale. |
Beat the Competition Expand faster, have better products, and better prices in your ecommerce store when you have accurate accounting and bookkeeping. |
Accounting Partner Our team is part of your team. We act as your business partners and are dedicated to your success. |
Simplified Bookkeeping Never miss an important invoice or deadline that can change your tax organization or charges. |
Expand your Business Effective accounting means you can expand to new territories and new customers more easily and make business decisions that help you grow faster. |
Tax Preparation and Filing Tax filing for your Shopify store requires dozens of documents, numbers, and calculations. We handle it all for you. |
Accounting Software Management Be confident that you are using the best accounting software incorporation for your Shopify store. |
Peace of Mind You never have to worry that you are missing something, making a mistake, or making a poor financial decision when you work with us. |
Get Help With Bookkeeping and Accounting for Shopify Today
Shopify is a powerful e-commerce platform that lets you manage invoices, inventory, and payment processing all in one place. To fully handle your accounting, bookkeeping, and tax obligations, it’s essential to integrate Shopify with reliable accounting software and have a professional accounting team by your side.
Contact the experts at Ghumans for a free consultation tailored to your Shopify store. Whether you sell exclusively in Canada or operate on an international scale, we’re here to assist you in meeting all your accounting, bookkeeping, and tax requirements.