EcomBalance

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Overview of EcomBalance

EcomBalance offers monthly bookkeeping services for growing eCommerce businesses selling on Amazon, Shopify, Walmart, Ebay, & much more.

About EcomBalance

EcomBalance gets all of your eCommerce sales channels (Amazon, Shopify, Ebay, Etsy, Walmart, Stripe, PayPal, etc.) integrated into Quickbooks Online or Xero so that it’s plug and play, no matter where your current books are at. By the 15th of every month, we’ll send your financial statements (Profit & Loss, Balance Sheet, & Cash Flow Statement) with findings & recommendations so you can make smart decisions while growing your eCommerce business.

EcomBalance Pricing

See pricing options below:

Starting Price: $499

EcomBalance FAQs

Question 1:

What makes you different from competitors?

Answer 1:

EcomBalance is built by eCommerce sellers and entrepreneurs, not bookkeepers, although we have a great Bookkeeping team. Connor Gillivan and Nathan Hirsch sold over $25 million on Amazon before building and selling an eCommerce freelance marketplace, FreeUp. We have been in the space for 15+ years building strong bookkeeping processes in our businesses. Strong financials helped us scale and eventually exit FreeUp.

We are great at hiring bookkeepers and we bring an entrepreneurial mentality to bookkeeping. We speak to entrepreneurs and know what entrepreneurs (specifically sellers) want in a monthly bookkeeping service. We are also process junkies. Our focus is strong and efficient processes from pricing to integration to getting you financials you can actually understand and make decisions on.

Question 2:

What bookkeeping do you do for me?

Answer 2:

Our service is straightforward. We charge you on the first of the month and you get your books by the 15th. You get an income statement, balance sheet and cash flow statement each month along with any findings and recommendations. We work out of Quickbooks Online or Xero.

Question 3:

Do you use cash or accrual accounting methods?

Answer 3:

For eCommerce businesses, sales and COGS are reported on an accrual basis. Link My Books (the tool we use to connect with eCommerce marketplaces and processors) imports all sales and COGS data under accrual basis accounting.

We don’t offer a service to accrue expenses and other accounts since that would cost significantly more time and money (and is unnecessary for most businesses).

Question 4:

What are the requirements to get started?

Answer 4:

- Keep your business and personal expenses separate. We don’t work with clients that continue to intermingle personal and business.
- Fill out our pricing form and send us access to your current books.
- Get a quote, get us the access we need, and get started

Question 5:

What do I get during my free month?

Answer 5:

Your free month is just like our normal month of bookkeeping. You get an income statement, balance sheet, and cash flow statement for that month. Please note if there is Catch Up or Clean Up work, we will have to do that first before we can do your free month of bookkeeping.

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Contact

Phone

1 (720) 278-7838

Supported Platforms

Shopify

Supported Marketplaces

Amazon
eBay
Walmart
Etsy

Supported Languages

English

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