Refunds look like lower sales.
The books lose the difference between a return, a discount, and a failed payment.
Close your ecommerce books without rebuilding every payout by hand.
Connect your stores, payment platforms, banks, or monthly statements. Simple Tax AI reconciles sales and payouts, categorizes expenses, prepares journal entries, and guides you through a clean month-end close.
Every month is reviewed by our professional CPA team.
Connect Shopify, Amazon, Stripe, PayPal, and bank data by API. You can also use CSV and PDF statements.
Your part
Connect your source data
Connect ecommerce, payment, and bank data by API, or upload monthly CSV and PDF statements.
We take it from here
- We reconcile sales and payouts
- We categorize expenses and prepare entries
- Our CPA team reviews the results before the month is finalized
The deposit landed. The math did not.
A marketplace sends one net payout to the bank. Inside it are sales from different days, refunds, discounts, payment fees, taxes, reserves, and orders that settle later.
Generic bookkeeping records the deposit. We explain it.
Connected at the source: Shopify storefront, Amazon marketplace, Stripe and PayPal payments, and bank feeds.
Example Shopify payoutAugust 12–18
Checked
| Gross sales | $24,862.40 |
|---|---|
| Discounts | − $412.00 |
| Refunds | − $1,147.25 |
| Payment fees | − $638.91 |
| Orders settling next payout | − $1,257.06 |
| Bank deposit | $21,407.18 |
Matched to bank$0.00 difference
Example figures shown for illustration.
Software handles the volume. CPAs review the accounting.
Automation can collect transactions, suggest categories, and match payouts. Month-end still requires professional judgment. Our professional CPA team reviews the results before the books are finalized.
Professional CPA review included
- Reconciliation reviewOrders, payouts, bank deposits, and unresolved differences.Reviewed
- Accounting treatmentExpense coding, transfers, accruals, inventory, and COGS.Reviewed
- Month-end resultsJournal entries, exception history, and financial statement readiness.Reviewed
What gets lost when a payout is booked as one line.
Fees disappear into revenue.
Payment and marketplace fees never reach the bank, but they still belong on the P&L.
Cash timing distorts the month.
Orders can be sold in one month and paid in another. We keep the receivable visible.
Inventory purchases become COGS too early.
Buying stock is not the same as selling it. Inventory stays on the balance sheet until it moves.
A month you can actually review.
The routine work moves automatically. The judgment calls stay visible, with the source transaction beside them.
Orders, payouts, and bank activity arrive together.
API data fills in the detail a bank feed cannot see. Statements cover historical periods and unsupported accounts.
You review exceptions, not every transaction.
Unclear vendors, owner activity, transfers, and unmatched deposits wait for a decision before anything is booked.
Approved entries keep their evidence.
The books retain the payout detail, bank match, selected account, and review history behind each entry.
Built around the questions that show up after the sale.
- Why did revenue grow while cash fell?
- Which channel is actually profitable after fees?
- What inventory is still on the balance sheet?
- Is this month ready for tax filing?
Start with the books you have.
Plans scale with annual revenue, sales channels, order volume, and operational complexity.
Questions before you connect.
Which platforms connect by API?
Simple Tax AI supports Shopify, Amazon, Stripe, PayPal, and bank data. Additional marketplace, inventory, and 3PL connections are scoped during onboarding.
Can I start with CSV or PDF statements?
Yes. Statement upload works for the current workflow and for historical months where a direct connection is not available.
Does the system book every suggestion automatically?
No. Routine work is prepared for review. Exceptions remain open until someone makes a decision, and booking is a separate approval step.
Who reviews my books?
Our professional CPA team reviews reconciliation results, accounting classifications, open exceptions, and prepared journal entries before the month is finalized.
Contact our team.
Tell us what you need help with. Our team will reply by email.
- Best for
- Ecommerce businesses in the United States and Canada
- Reviewed by
- Our professional CPA team
- info@simpletaxai.com