Finovra/Industries/E-commerce & agencies

Who we work with

Accounting for e-commerce and agencies.

Platform fees, refunds and multi-currency settled to the penny, plus project-level profitability so you know which work is actually worth doing.

What we handle

The detail that matters here.

  • Gross versus net settlement.Platforms pay you net of fees and refunds. Recording only what hits the bank understates both your turnover and your costs, and can affect your VAT position.
  • Multi-currency.Exchange differences, settlement timing and fees, handled properly rather than approximated.
  • Marketplace VAT.Who accounts for the VAT depends on the platform and the arrangement, and it is not always the seller.
  • Project-level profitability.For agencies this is the whole game. Revenue per client tells you very little without the time behind it.
  • Deferred income and retainers.Money received for work not yet done is a liability, and treating it as revenue makes a good month look better than it is.

Plenty of agencies are busiest on their least profitable client and have no way of knowing it.

Free, no obligation

Find out what you're overpaying.

Twenty minutes, a straight answer, and a written fixed quote. Nothing to prepare — just bring your last set of accounts if you have them.

Book a free 20-minute review →

Or call +44 161 457 5457 · info@finovra.co.uk