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Sales-channel reconciliation across Shopify, Amazon, Stripe, and PayPal; sales tax nexus tracking; inventory and COGS accounting; merchant-fee and chargeback handling; and per-channel profit dashboards. Bookkeeping built for how online stores actually make money.
Free intro call. Instant estimate in about two minutes. No pressure, no spam.
Turnkey CFO is a bookkeeping firm in Austin, Texas built for online stores. We handle sales-channel reconciliation, inventory and COGS on accrual, sales tax nexus, merchant fees, payroll and 1099, and per-channel profit dashboards — the bookkeeping that makes or breaks an ecommerce business, done the way Shopify, Amazon, and multi-channel sellers actually operate.
Online stores break the assumptions most bookkeepers work from. The bank deposit isn't your sales number. Inventory isn't an expense when you buy it. Marketplace fees aren't a footnote. And sales tax can be owed in twenty states you've never set foot in. We handle every one of these correctly.
Every platform and payout, tied out every month.
Full monthly close for your online store — accurate categorization of channel sales, processing fees, inventory purchases, COGS, advertising spend, software, and overhead. Monthly close package with P&L, balance sheet, and written commentary ready for review every month, with inventory and COGS reconciled so the numbers actually mean something. See all services
Shopify, Amazon, Stripe, PayPal, Etsy, Walmart — each one pays out gross sales minus its own stack of fees, refunds, reserves, and chargebacks, on its own schedule. We reconcile each channel's gross sales, fees, and net payout, then tie every payout to the matching bank deposit. Your revenue becomes your real revenue, and the gap between "sales" and "what hit the bank" is fully explained.
Post-Wayfair, you can owe sales tax in any state where you cross an economic-nexus threshold — typically $100,000 in sales or 200 transactions — and FBA inventory stored in a warehouse can create physical nexus on top of that. We track your sales by state against each state's threshold so you see where you're approaching or have already triggered a registration and filing obligation, and we keep the books filing-ready for you or your sales tax provider.
Inventory is an asset until it sells, then it becomes COGS. We record inventory purchases to the asset account, recognize COGS as units sell, and capture landed cost — product plus inbound freight, duties, and prep — so gross margin reflects the true cost of each sale. The result: a P&L that stays steady instead of swinging into fake losses every time you restock.
Processor and marketplace fees are a cost of every single sale, not a rounding error to bury in net revenue. We record gross sales and then break out Stripe, PayPal, Shopify Payments, Amazon referral and FBA fees, refunds, and chargeback losses as their own lines. You see exactly what payment processing and disputes are costing you — often a number sellers are shocked by once it's finally visible.
We run payroll for W-2 staff, track every contractor — VAs, designers, photographers, ad agencies, 3PL partners — paid $600 or more for 1099-NEC filing, and collect W-9s before work starts. Accounts payable keeps supplier and inventory bills current; accounts receivable tracks any wholesale or net-terms invoices so money owed to you never slips through the cracks.
Live dashboards that show revenue, fees, and COGS broken out by sales channel and product line — so you can see net margin per channel and per SKU at a glance. Many sellers learn that a channel doing big top-line numbers barely clears a profit after marketplace fees, or that their hero product carries the thinnest margin. You make inventory, pricing, and ad decisions on real margin, not gut feel. Behind on your books? Catch-up bookkeeping
We build always-current dashboards on top of clean books, so you can see revenue, fees, and COGS broken out by channel and product line whenever you want.
"For the first time our books match reality — every Shopify and Amazon payout is reconciled, inventory is finally on the balance sheet, and I can see which channel is actually making money instead of just moving the most product."
Channel payouts reconciled to the deposit, inventory and COGS moved onto accrual, marketplace and processor fees broken out, and sales tax nexus tracked by state. The P&L stopped swinging on restock months and started telling the truth.
We learn your business — which channels you sell on, your inventory and supplier setup, how you handle fulfillment, your current software, and where the numbers feel murky. No sales pitch.
We connect to QuickBooks and your channels, review your chart of accounts, assess how sales and fees are currently recorded, check inventory and COGS treatment, and map your sales-by-state picture before going live.
Monthly close package, reconciled channel payouts, inventory and COGS on accrual, sales tax nexus monitoring, and per-channel profit dashboards running clean from month one.
Use the instant estimate to see a real price range, then book a 15-minute call to talk through fit and scope. No pressure, no sales pitch.