Ecommerce audit services
Audit and assurance built for ecommerce businesses
Ecommerce businesses face a set of compliance and financial reporting challenges that general audit practices are rarely equipped to handle. Tax Collected at Source deducted by marketplace operators, GST reconciliation across multiple platforms, return and refund accounting, fulfilment cost allocation, and digital payment gateway settlement all create audit complexity that goes well beyond a typical trading business audit.
Cred Books provides ecommerce audit services for D2C brands, marketplace sellers, multi-channel retailers, dropshipping businesses, and ecommerce-native companies. Our team works with the platform data from Amazon Seller Central, Flipkart Seller Hub, Meesho, and others, and reconciles that data against your accounting records. If your ecommerce accounting and audit need to work as a single system, Cred Books is the right partner.
What does an ecommerce audit actually cover?
An ecommerce company audit covers TCS reconciliation from marketplace operators against income tax Form 26AS, GST GSTR-2B reconciliation against platform-wise purchase data, net revenue recognition after returns and refunds, payment gateway settlement reconciliation by platform, inventory valuation for warehouse-held stock including FBA inventory, shipping and fulfilment cost allocation, and advertising spend verification against platform billing.
For D2C businesses selling on their own website, we also cover WooCommerce or Shopify-level revenue reconciliation and digital payment gateway settlement. Our ecommerce accounting services ensure year-round records are clean before audit fieldwork begins.
Why ecommerce businesses need specialist audit services
TCS And GST Reconciliation Complexity
Marketplace operators deduct TCS at 1% on net sales and deposit it in your Form 26AS. Reconciling this across quarterly TCS certificates, platform settlements, and your own accounting requires specialist knowledge that most general auditors do not apply.
Return And Refund Revenue Recognition
High return rates in fashion and electronics categories distort gross revenue figures. An ecommerce audit correctly identifies net revenue after returns, applies credit notes, and ensures GST is reversed on returned goods, which reduces both tax exposure and reported revenue inaccuracy.
Multi-Platform Financial Consolidation
Sellers operating on Amazon, Flipkart, Meesho, and their own D2C website have four or more revenue streams to reconcile. An ecommerce audit consolidates these into a single audited financial statement that lenders and investors can rely on.
Our ecommerce audit and assurance services
Statutory Audit For Ecommerce Companies
Companies Act statutory audit with specialist understanding of marketplace revenue recognition, platform commission treatment, return provisions, and digital payment reconciliation unique to ecommerce businesses.
GST TCS Reconciliation Audit
Reconciliation of TCS deducted by marketplace operators against Form 26AS credits, cross-verified with platform settlement statements and GST returns across all channels.
Online Marketplace Audit
Platform-level audit of Amazon, Flipkart, Meesho, and other marketplace accounts. Covers settlement reconciliation, commission deduction verification, advertising cost allocation, and return credit accuracy.
Ecommerce Internal Audit
Operational internal audit covering warehouse inventory accuracy, FBA stock reconciliation, return processing controls, and payment gateway settlement across all sales channels.
Tax Audit Under Section 44AB
Form 3CB/3CD for ecommerce businesses exceeding the turnover threshold. Covers TCS credit, advertising spend classification, payment gateway charges, and inventory cost reconciliation.
Digital Business Financial Due Diligence
Pre-investment or pre-acquisition due diligence for ecommerce companies. Covers cohort-level revenue analysis, return rate trends, contribution margin by SKU, and working capital cycle assessment.
Ecommerce audit compliance areas we cover
Ecommerce Company Audit
Statutory audit with understanding of marketplace revenue, returns, and TCS reconciliation as standard audit procedures.
Online Marketplace Audit
Settlement statement verification across Amazon, Flipkart, Meesho, and other platforms against accounting records.
GST TCS Reconciliation
TCS reconciliation from Form 26AS against platform certificates and GST returns for all marketplace channels.
Marketplace Seller Audit
Individual seller audit for marketplace-only businesses covering commission structure, advertising, and return rate impact on profitability.
Digital Business Audit
Audit for SaaS, subscription, and digital product businesses covering deferred revenue, churn impact, and platform payment reconciliation.
Ecommerce Tax Audit
Section 44AB tax audit covering TCS credits, advertising deductibility, return provisions, and inventory valuation at year end.
TDS On Ecommerce Transactions
Review of TDS obligations on payments to influencers, logistics partners, freelancers, and other service providers.
GST Compliance For Ecommerce
GST registration across states, GSTR-1 accuracy, GSTR-3B reconciliation, and ITC on platform fees and logistics costs.
Financial Audit For Online Businesses
Full financial audit for investor reporting, lender compliance, and working capital facility applications covering all digital revenue streams.
Ecommerce audit services: what to expect from Cred Books
Platform Data And Settlement Reconciliation
We download settlement reports from all marketplaces and reconcile net payouts against your bank credits, identifying reconciling items including unclaimed TCS credits.
TCS Certificate And Form 26AS Matching
All TCS deducted by marketplace operators is traced through Form 26AS and matched against platform TCS certificates to ensure the full credit is claimed in your income tax return.
Returns And Refund Accounting Verification
We verify that returned goods are correctly credited, GST is reversed on return transactions, and the net revenue reported matches the economic reality of your sales cycle.
Inventory And FBA Stock Audit
FBA and third-party fulfilment inventory is reconciled against your books, with adjustments for lost and damaged units and FBA reimbursements that marketplaces issue.
Software We Work With
Why ecommerce businesses choose Cred Books for audit services
Platform-Native Reconciliation Experience
We work directly with Amazon, Flipkart, Meesho, and Shopify data exports. We understand settlement fee structures, advertising billing, and return credit timelines that affect your financial statements.
TCS And GST Expertise For Sellers
We ensure all TCS credits are correctly claimed, GST on returns is reversed, and your GSTR filings are consistent with platform settlement data, which most accounting firms miss.
Year-Round Accounting Integration
Our ecommerce accounting services maintain platform-reconciled books throughout the year so the audit is a verification exercise, not a catch-up exercise.
Investor And Lender Ready Financials
Our audited ecommerce financials are structured for VC reporting, working capital facility applications, and NBFC term loans, all of which require platform-level revenue transparency.
Multi-Channel And Multi-State Coverage
We handle GST registrations and returns across multiple states, multi-platform reconciliation, and consolidated financial statements for holding company reporting.
Fixed Fee, Clear Scope
Audit scope, platform data requirements, and fees are agreed in advance. No billing surprises and no scope creep when additional platform reconciliation is needed.
How Our Ecommerce Audit Process Works
Platform Access And Scope Agreement
We review your marketplace accounts, GST registrations, fulfilment model, and turnover to agree the audit scope and platform data requirements.
Settlement And Data Download
Platform settlement reports, TCS certificates, GST returns, bank statements, and inventory reports are collected and structured for reconciliation.
Reconciliation And Verification
Platform revenue, returns, advertising costs, and TCS credits are reconciled against your accounting records. Discrepancies are identified and documented.
Management Review And Adjustments
Audit findings are discussed with your management team. Agreed adjustments are posted before the audit report is finalised.
Report And Filing
Audit report, tax audit form, and all GST annual return data are delivered within the agreed filing deadline.
Frequently Asked Questions
Get expert ecommerce audit services from Cred Books
TCS reconciliation, marketplace audits, GST compliance, statutory audits, and tax audits for ecommerce businesses across India. Talk to our team today.
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