Online accounting services for entrepreneurs in the UK
Online accounting services for entrepreneurs in the UK

Accounting service for e-commerce

We convert statements from e-commerce platforms into books, give you accounting services, tax filings, and profitability reports

Our team
  • ACRA registered filing agent
    FA20170653
  • Xero Platinum Partner
    Xero
    Platinum Partner
  • Institute of Singapore Chartered Accountants
    Our accountants are certified by ISCA
  • MOM Employment Agency License
    License No. 19S9930
  • Infocomm Media Development Authority
    Pioneers of Cloud Community Network

We do reporting & tax filing for multiple
e-commerce platforms

Amazon statements have 150+ types of fees and charges. Lazada sends their financials in its own time frame and fashion. Stripe dumps receipts from your website in a different format altogether. We handle them all.

  • Shopify

    Accounting for Shopify

  • Shopee

    Accounting for Shopee

  • Amazon

    Accounting for Amazon

  • Lazada

    Accounting for Lazada

  • Qoo10

    Accounting for Qoo10

  • Stripe

    Accounting for Stripe

  • Zalora

    Accounting for Zalora

  • Ebay

    Accounting for Ebay

  • Magento

    Accounting for Magento

  • ... and more

    Let us know which platform you use — we’ll figure it out

documents

Tired of dealing with accounting documents?

Each channel sends their own reports, each line is a different category, reconciling takes lots of your time, and your accountant doesn’t want to deal with it

Make it stop!
We know how to read docs from any platform

We know how to read docs from any platform

We take Amazon, Stripe, Lazada and any other statements, automatically convert them into books, and produce reports and tax returns

sales

We show profitability of every line & channel

We consolidate numbers for each SKU, product group, and market, and show you where your money comes from

You get a personal accountant

You get a personal accountant

A Chartered Accountant assigned to your company will track filing deadlines, suggest tax exemptions, and prepare reports

Here’s how Osome accounting works

  • You see how much money you have

    You see how much money you have

    We collect data from your different banks and show today’s joint balance and its daily trend

  • You see actual list of all unpaid invoices

    You see actual list of all unpaid invoices

    We show daily updates on the invoices you need to pay, the ones due to you, and their totals

  • Uploading invoices is easy

    Uploading invoices is easy

    Simply connect your e-commerce platform and we’ll upload the docs automatically

  • We organise docs ourselves

    We organise docs ourselves

    We go through docs and transactions, match them, tag accounts, and report what’s missing. Everyday.

  • You can always get help and advice

    You can always get help and advice

    We answer fast online, even late at night and on weekends — when you have a minute to talk about accounting

  • You see books that are always up-to-date

    You see books that are always up-to-date

    We reconcile daily, so you can see the real state of affairs today, not at the end of the month

Choose the plan that works for you

Our accounting packages come as they are, no extra charges — simple and straightforward. Ecommerce accounting plan covers 1 sales channel, and you can add as many as you need. If you pay upfront for the whole year, 2 months are free.

Starter

revenue under S$25k a month
Billed at S$120/m, or upfront at

$ 100/m

Booming

revenue under S$50k a month
Billed at S$180/m, or upfront at

$ 150/m

Need more?

monthly packages for business of any size

See Osome in action —  schedule a free demo

See Osome in action — schedule a free demo

Book a free demo

89% Customers
recommend us

4,100+ Clients
chose us

4.3/5 Rate us on
facebook

Xero platinum partner

  • I've moved not just one business to Osome, but a number. If you’re a small business it’s the place to be — you’ll save time and sleep.

    Tingsager Michael

    Tingsager Michael
    Tingsager Consulting Pte. Ltd.

  • Osome is a fantastic partner for the complex accounting needs of our venture-backed corporate structure. Extra credit for helping us with fundraising transactions!

    Ajay Gopalakrishnan

    Ajay Gopalakrishnan
    Digital Services Sg Six Pte. Ltd.

  • Great service with great customer support — making our accounting easy and painless.

    Varosi Vickor

    Varosi Vickor
    Progressive International (Services) Pte. Ltd.

  • Osome uncovered many issues that went unnoticed by our accountant. Amazing Osome staff now optimises our tax.

    Stanislav Karpenko

    Stanislav Karpenko
    GIVE VISION Pte. Ltd.

  • I love the app, it's so easy to use and means I can talk to them at any time, day or night (often night when you have babies!)

    Harriette Foulkes-Arnold

    Harriette Foulkes-Arnold
    We are Contented Pte. Ltd.

  • Osome is reasonably priced and very convenient. I ended up signing my documents while I was on the tube!

    Randeep Sudan

    Randeep Sudan
    Multivertz Pte. Ltd.

  • Many accountants I reached out to either never responded or charged extortionate amounts of money. I joined Osome and I'm incredibly happy I did.

    Pawel Wargan

    Pawel Wargan
    freelancer

  • I set up a business and was getting bogged down in the admin. Osome has taken this all away from me. Osome is Awesome!

    Dave Wallace

    Dave Wallace
    DW4DAYS Pte. Ltd.

  • Everything was so seamless, it even looked like a fraud 😀 I didn’t have to go anywhere, I just use the web and mobile app to sign the docs.

    Ivan Zeljkovic

    Ivan Zeljkovic
    Evans Media Pte. Ltd.

  • I’m actually surprised they kept all their promises! I found Osome on Friday and on Monday morning everything was ready.

    John Lim

    John Lim
    Artac Pte. Ltd.

Q&A

  • What is e-commerce accounting?

    The definition of e-commerce accounting is reporting about your e-commerce business financials to the government. As an online vendor, you move products in and out, manage stock, and sell to customers in different countries via different channels. So, there are several things your e-commerce accounting includes:

    • Bookkeeping, which lists every transaction. For example, when you accept products to your storage, or sell on Amazon, or have to accept back a pair of shoes on ebay. Bookkeeping keeps track of every money or asset movement, and provides a document covering every such event.
    • Management reports, which gather all the sales data and try to make sense of it. For example, how much of each product you sold, what are the costs of operating every channel, and where do you actually make money.
    • Tax filing & statutory reports. These depend on where you sell, for each government has a different tax system. Tax reports constitute a very detailed recount of every transaction and the categories they fall under. Depending on the categories, different types of tax are derived. An experienced accountant can also help make sure you get the benefits and exemptions available to your business under each specific tax code.
  • How do I start an e-commerce business account?

    When organising accounting for ecommerce sales you need to make sure that you have all your needs covered.

    • All your channels. Do you sell via different platforms? You need a way to consolidate reports from various sources
    • All your tax jurisdictions. Do you sell in more than one country? You need to report for VAT everywhere you make money
    • No manual paperwork. Processing invoices and receipts is tiresome, and you probably have better ways to spend your time than that.
  • How do I record sales in Shopify Xero?

    Xero is a bookkeeping software we use. If you operate it yourself you‘ll have to manually go to Xero, choose ‘Accounts’ tab and press ‘reconcile’ each time. We connect your Shopfiy (Amazon, ebay, you name it) account directly and upload data every 24 hours. By the way, Osome is Xero’s platinum partner.

  • How do I record online sales on Amazon?

    The best way to track online sales on Amazon is to connect directly to a bookkeeping software. We use Xero, there’s also Quickbooks, Sage and others. We connect the feed automatically and switch you to Xero seamlessly if needed. After that, any time you receive a statement from Amazon, it will automatically appear in Xero, where we take it, sort it into categories, tag, and deliver up-to-date financials daily.

It takes 3 minutes to get your paperwork in order

All you need to do is sign up. We’ll answer questions and take over documents straight away.

I’ll try
Your paperwork in order
  • E27
  • Entrepreneur
  • foundr
  • sgsme.sg
  • Tech in Asia
  • Vulcan post
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