LedgerMatch
Bank Reconciliation Software for E-commerce Businesses
E-commerce businesses receive payouts from multiple platforms — Amazon Seller Central, Shopify, eBay, Etsy, PayPal, and Stripe — each paying out on different schedules and netting different fee structures. A mid-size e-commerce business can have payouts from 5 different platforms in the same week, all landing in the same bank account with descriptions that don't match the sales entries in QuickBooks. LedgerMatch matches every platform payout against your QuickBooks or Xero ledger in under 10 minutes, giving e-commerce bookkeepers a clean month-end reconciliation without manual payout matching.
Common reconciliation challenges for e-commerce businesses
- Amazon, Shopify, and PayPal each pay out net of fees and returns on their own schedule — the deposit never matches the gross sales or individual order amounts in QuickBooks
- Platform refunds and return chargebacks appear as separate debit entries that must be matched against return entries in the ledger
- Marketplace sales tax collected and remitted by the platform (marketplace facilitator tax) creates additional reconciliation complexity
How LedgerMatch helps
- Tolerance matching catches net platform payouts even when the deposit differs from the gross sales total by fees and returns
- Exception queue lets you flag platform refund debits and annotate them with order IDs or return reference numbers
- 97% auto-match rate across all platform payouts — e-commerce bookkeepers reconcile all platforms in a single session in under 10 minutes
Industry note
E-commerce businesses selling across multiple states face economic nexus sales tax obligations. LedgerMatch's clean bank reconciliation gives you a verified record of gross sales by payout that feeds into your multi-state sales tax calculation — essential for accurate compliance with economic nexus thresholds.
Common banking and accounting tools
- Chase
- Mercury
- Relay Bank
- Bank of America
- Wells Fargo
- QuickBooks Online
- Xero
- A2X
- Shopify
- Wave
Explore related resources
- Reconciliation for e-commerce businesses in New York
- Reconciliation for e-commerce businesses in Los Angeles
- Reconciliation for e-commerce businesses in Chicago
- Reconciliation for e-commerce businesses in Houston
- Reconciliation for e-commerce businesses in Phoenix
- Reconciliation for e-commerce businesses in Philadelphia
Install LedgerMatch
Choose the browser or spreadsheet workflow that fits your team.