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Stop spending hours on preparing financial data and paying your CPA to file it. Get a Personal Accountant + automatic bookkeeping admin for a price that makes sense
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We help Shopify sellers get accounting off their chest with a service tailored to suit e‑commerce businesses
Simply connect your Shopify account to Osome. It only takes 2 minutes! We upload all the documents automatically, so no more labour for you.
We go through the documents, organise them, add the correct tax tag to each line, and reconcile them with the bank transactions. It saves your reports from any mistakes.
We make sure you get all the reliefs and exemptions available. You get the reports ready to review and e-sign. We then file them with the authorities ourselves.
You have round the clock access to the experts that understand your business model: how to process paperwork between suppliers, storage, logistics, and customers, work on refunds in different currencies and payment methods.
Connecting your Shopify account to Osome is quick and easy. We categorize and tag the documents correctly and create easy-to-read reports, using our automated upload system. So you can focus on growing your business!
Each month we prepare reports that include profit and loss, cash flow, and income by category and item. So you can be sure you make numbers-based investment decisions.
You don’t measure your business by the number of transactions, so neither do we. Our accounting packages are tied to your revenues. Pick a monthly plan to receive regular financials, or an end-of-the-year catch-up accounting to submit neat reports. All our packages come as they are, no extra charges — simple and straightforward.
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Shopify doesn’t provide accounting, so you’ll need someone else to do it. It doesn’t have to be you (in fact, it’s probably best that it isn’t). We can help you with Shopify accounting services that won’t require much of your time and cost reasonably.
The most important thing about Shopify dropshipping accounting (or any other type of Shopify business you’re in) is that every transaction is accounted for. A transaction is whenever money or assets go in or out. Every transaction should be tagged with a relevant tax rate and matched to statements from your banks. The next step is preparing reports. Some serve as tools to increase your performance: P&L, profitability, etc. Others have to be prepared and filed as per the government’s request: Estimated Chargeable Income, Tax returns.
Shopify allows you to select a variety of tax rates that apply to your various products. However, they provide no assistance in terms of calculating or filing tax. There’s no advise on various exemptions and tax reliefs you might be eligible for. To prepare Shopify accounting reports required by the Singapore government, such as Estimated Chargeable Income, or Tax return, you’ll need an Accountant. To benefit from various local incentives and pay tax smartly, you need a tax adviser. Osome serves as both, developing and filing the necessary reports, making sure you receive the exemptions and checking on the changes and opportunities in the tax regulations.
Absolutely. We make the transition seamless on your end. We’ll get in touch directly with your current accounting service provider, take over all your financial documents, and audit them to make sure your company is compliant. We check for any loose ends with HMRC, organise historical data, and then prepare and file necessary reports. We offer up ongoing advice about relevant tax exemptions, helping you be smarter with your taxes. Now that your accounting is in good hands, you can focus on what you do best: running your business.
We’ll know whether to jump on your application or just send you more data to explore