E-commerce in Canada is still expanding at a high rate. From Vancouver to Halifax, business people are opening up online stores and accessing consumers across the country. The sales are skyrocketing, and behind each sale, there is a complex web of financial documents that should be handled with a lot of care.
Bookkeeping is the unseen foundation of a successful online business. With Canadian digital sales projected to reach US$67.99 billion in 2025, adopting sound bookkeeping practices is no longer optional; it is essential.
At Online Accountant, we have developed this guide to provide practical, Canada-specific bookkeeping tips for online sellers. Our insights are drawn from real-world experience to help you keep your books accurate and your business thriving.
Running an online store means constant activity, as customers click “buy now” across provinces, revenue flows in, and expenses from shipping, advertising, and platforms quickly add up. Without proper bookkeeping, financial chaos is inevitable.
For Canadian e-commerce businesses, bookkeeping is more than organizing data; it ensures compliance with federal and provincial tax laws, provides clear visibility into profit margins, and helps identify cash flow concerns before they escalate.
