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Ecommerce Bookkeeping · Multi-Channel · Inventory & COGS | Austin, TX · Nationwide

Sell on every channel. Know your real numbers.

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.

100%
Client retention
24hr
Max response time
Day 10
Books closed monthly
Live
Profit by channel & SKU
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★★★★★
5.0 from the owners, pastors and founders whose books we rebuilt

People don't usually talk about their bookkeeper like this.

Real notes from real clients, sent after we cleaned up their books. The names and the outcomes are theirs.

★★★★★
"THANK YOU SO MUCH!! I have been looking for a true finance partner like this!"

Three years of books rebuilt clean. Monthly close now lands by day 5.

Lauren
LaurenCEO · The Harbour Company
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★★★★★
"Phenomenal working with Turnkey CFO. Our finances have never been clearer."

Giving trends, fund balances and ministry spend, finally visible to leadership.

Dakota
DakotaHeirloom Church
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★★★★★
"Really encouraging to see everything tied out at the bank and the adjustments all traced. Great work."

A full deep dive on one account, every adjustment traced back to the bank.

Buck
BuckExecutive Pastor · Northpoint Church
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★★★★★
"You have been unbelievably helpful!! THANK YOU."

Multi-fund nonprofit books cleaned up. Monthly close cut from three weeks to under one.

Christy
ChristyExecutive Director · Village of Hope Maui
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★★★★★
"Turnkey handles all of it and I never think about the books. Easiest decision we made."

Full books and reporting, handled end to end.

JT
JTDoxa
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★★★★★
"Multiple companies, and every set of books is clean and current. They just handle it."

An 11-company group closed every month, entity by entity.

A
AustinMojo Coffee
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★★★★★
"Thanks Ricky. You're the best."

A monthly financial dashboard the whole leadership team actually reads.

Tawnya
TawnyaVillage of Hope Maui
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★★★★★
"The budget and dashboard work has changed how our team leads."

A full 2027 budget build and a live dashboard for the whole church.

Brent
BrentEpic Life Church
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★★★★★
"Thank you so much!! This is all great. I really appreciate it!"

Payroll handled end to end, questions answered the same day.

A
AlexandraOwner · Soularis
★★★★★
"Clear, on time, every month. Exactly what we needed."

Monthly P&L and balance sheet, delivered on schedule.

AD
AdamCornerstone Church ATX
Who we are

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.

Ricky West, founder of Turnkey CFO
Ricky West
Founder, Turnkey CFO
"We reconcile every payout to the penny, get inventory and COGS right, and show you which channels and SKUs actually make money."
See it live

Your store's real numbers, live — not a PDF once a quarter.

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.

  • Net margin by channel and SKU. See which channels and products actually make money after marketplace and processor fees.
  • Inventory and COGS on accrual. Steady monthly profit instead of a fake loss every time you restock.
  • Sales-by-state nexus view. Know where you're approaching or have triggered a sales tax filing obligation.
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Turnkey CFO live dashboard preview
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BUILT FOR ECOMMERCE

Inventory, COGS, and channel fees, reconciled.

Every platform and payout, tied out every month.

What we handle

Everything your online store needs. Nothing it doesn't.

01

Monthly bookkeeping & close

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

Core
02

Sales-channel reconciliation

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.

Channel accuracy
03

Sales tax nexus tracking

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.

Compliance
04

Inventory & cost of goods sold

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.

Balance sheet
05

Merchant fees & chargeback accounting

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.

Cost clarity
06

Payroll, 1099, and AP/AR

We run payroll for W-2 staff, track every contractor — VAs, designers, photographers, ad agencies, 3PL partners — paid $2,000 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.

Always included
07

Per-channel & per-SKU profit dashboards

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

Visibility
0%
Client retention
0hr
Max response time
0
Business-day close
0min
To get started
Getting started

Onboarding takes days, not months.

Step 1
Day 1

15-minute intro call

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.

Step 2
Days 2 to 5

Books & access review

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.

Step 3
Within 2 weeks

Live visibility

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.

Industries

Bookkeeping that speaks your industry.

Questions

Questions online-store owners ask us first.

How do you reconcile sales across Shopify, Amazon, Stripe, and PayPal?+
Your bank deposit is never your sales number. A Shopify payout is gross sales minus processing fees, refunds, and chargebacks, often spanning several days of orders. An Amazon settlement nets out referral fees, FBA fees, storage, and reserves. We reconcile each channel's gross sales, fees, refunds, and net payout separately, then tie every payout to the bank deposit — so your revenue is your real revenue and your fees are visible, not buried.
Do I need to worry about sales tax nexus in other states?+
Almost certainly. After the 2018 Wayfair decision, most states impose economic nexus once you cross a sales or transaction threshold there — commonly $100,000 in sales or 200 transactions. FBA inventory stored in a state can create physical nexus too. We track your sales by state against each state's threshold so you know where you are approaching or have triggered a filing obligation, and we keep the books clean so your sales tax filings or your CPA's work are straightforward.
How do you handle inventory and cost of goods sold?+
Inventory is an asset on your balance sheet, not an expense — you only expense it as COGS when it sells. We record inventory purchases to the asset account, recognize COGS as units sell, and account for landed cost (the product plus inbound freight and duties) so your gross margin reflects what each sale truly cost. Without this, your P&L swings wildly: huge losses in months you restock, fake profits in months you sell from existing stock.
Where do merchant fees and chargebacks go in the books?+
Processor and marketplace fees — Stripe, PayPal, Shopify Payments, Amazon referral and FBA fees — are a real cost of every sale and should be recorded as an expense, not netted silently into revenue. Chargebacks reverse the sale and add a dispute fee. We record gross sales, then break out fees, refunds, and chargebacks as their own lines so you can see exactly what processing and disputes are costing you.
Should an ecommerce business use cash or accrual accounting?+
Any store carrying inventory should be on accrual for inventory and COGS — cash-basis books make a restock month look like a disaster and a sell-through month look like a windfall, which is useless for decisions and can misstate income. We typically run accrual for inventory and COGS so your monthly profit reflects real performance. Coordinate the tax-reporting method with your CPA.
Can you show profit by sales channel and by product?+
Yes. We structure the books so revenue, fees, and COGS are tracked by channel — Shopify vs. Amazon vs. wholesale — and build live dashboards so you can see net margin per channel and per product line. Many sellers discover a channel with high revenue is barely profitable after marketplace fees, or that a best-selling SKU has the thinnest margin.
Do you handle payroll and 1099s for online stores?+
Yes. We run payroll for W-2 staff and track every contractor — VAs, designers, photographers, agencies — paid $2,000 or more for 1099-NEC filing, collecting W-9s up front. We also handle AP and AR so supplier bills and any wholesale receivables stay current alongside your daily order flow.
Can we cancel if we're not satisfied?+
Month-to-month engagement, 30-day notice. No multi-year contracts. We keep clients because the work is good, not because paperwork traps them. Use the Instant Estimate to see a real price range before we ever talk.
Ready when you are

Ready to see what your store is actually making?

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.

  • Free 15-minute call, straight answers
  • Instant estimate available before you ever talk to us
  • For tax or legal questions, talk to your CPA or attorney
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