E-commerce industry
E-commerce Accounting, VAT and Corporate Tax Services in the UAE
Marketplace settlements, payment gateway payouts, inventory and cross-border sales all reconciled into one clear set of books, built for how UAE online sellers actually operate. `
- 1,000+ UAE Businesses Served
- Transparent Upfront Pricing
How we account for your e-commerce business
Awards
1000+
1000+ Active Clients
30+
Industries Served
94%
Client Renewal Rate
35+
Years of Experience
300+
Experts Globally
E-commerce accounting isn't ordinary accounting
Marketplace settlements
Payment gateways
Inventory and COGS
VAT
Corporate Tax
Refunds and chargebacks
Eight systems, one set of books
Where it usually breaks: the highlighted steps above are where most sellers lose track, gateway fees buried in a lump-sum payout, refunds recorded weeks after the sale, and tax filings built on numbers that were never reconciled to the bank in the first place.
How BCL fixes it
Our e-commerce accounting services
E-commerce bookkeeping & reconciliation
Marketplace & payment reconciliation
Inventory & COGS accounting
UAE VAT compliance
UAE Corporate Tax
Financial reporting
Accounting built around your e-commerce model
Marketplace sellers
DTC & Shopify brands
Multi-channel businesses
Dropshipping businesses
Subscription businesses
E-commerce Tax & Compliance
Revenue isn't the same as profit
Marketplace fees, gateway charges, cost of goods and returns all sit between what a customer pays and what actually reaches your account. We build reporting that shows the gap.
Take a seller doing AED 1,250,000 in sales. Marketplace fees take out AED 125,000, gateway fees another AED 25,000, cost of goods sold accounts for AED 500,000, and returns take a further AED 50,000. What’s left, AED 550,000, is the actual gross profit, less than half of the original revenue figure. Most sellers only see the AED 1,250,000. We make sure you see the AED 550,000.
How BCL manages your e-commerce accounting
01
Collect
02
Reconcile
03
Record
04
Comply
05
Report
From customer order to accounting entry
This is what “reconciliation” actually looks like for a single order, worked through step by step.
Illustrative example, not actual client figures
What lands in your bank
The marketplace pays out a single net amount.
No sale value, no commission, no fees, no refund. Just one deposit that needs to be explained.
What your books should show
Each part of the settlement recorded in the right account.
| Sales revenue Income | AED 1,000 |
| Marketplace commission Expense | (AED 100) |
| Fulfilment and other fees Expense | (AED 50) |
| Customer refund Sales return | (AED 100) |
| Cash received from marketplace | AED 750 |
Figures exclude VAT for simplicity.
Platforms we reconcile with
One firm for accounting, VAT, tax and reporting
E-commerce accounting expertise
Detailed reconciliation
UAE VAT & Corporate Tax
Clear monthly reporting
Frequently Asked Questions
Yes. We reconcile marketplace settlement reports against your bank account, accounting for commission, fulfilment fees, advertising costs and refunds so your books reflect what actually reached you.
Neither on its own. We record the gross sale as revenue and the commission, fees and refunds as separate line items, so your P&L shows what you actually earned rather than a single net figure.
Yes. Website sales through Shopify, WooCommerce or a custom store are reconciled against your payment gateway payouts and bank deposits every month.
If your taxable supplies exceed AED 375,000 a year, VAT registration is mandatory, whether you sell through your own site or a marketplace. We handle registration, return filing and the VAT treatment of cross-border and marketplace-collected sales.
Generally yes, if your business is licensed in the UAE. Small Business Relief may apply where revenue stays under the relevant threshold. We assess your position and handle registration and filing either way.
We break down each payout into gross sales, fees, refunds and net settlement, rather than recording the net figure as revenue, so your margins reflect the real cost of selling on each channel.
Each refund or chargeback is recorded against the original sale, not netted off in bulk, so revenue, receivables and inventory all stay accurate even when a return happens weeks after the order.
We reconcile stock movements, purchases and cost of goods sold against your actual inventory position, including stock held in your own warehouse and stock held at a marketplace’s fulfilment centre.
Multi-channel is the default we design for. Amazon, noon, Shopify and physical retail are consolidated into one set of accounts and one monthly report.
We work with Xero, QuickBooks, Zoho Books and similar cloud platforms, and can set one up if you’re not currently using any.
Monthly as standard, covering profit and loss, cash flow and channel-level margins, with more frequent reporting available for higher-volume sellers.
