tailored to your needs
Bookkeeping and Tax Solutions for Retail and E-commerce Businesses
Our AI-powered platform ensures accurate, compliant filings and efficient bookkeeping and tax services, all easily managed through an intuitive dashboard. Start your 30-day free trial today, with no risk and no obligation!
Get your records up-to-date
in less than 3 days for free!
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SMART ACCOUNTING
Retail and E-commerce Accounting
Done for You
$20,000+
Saved annually on taxes
& bookkeeping
25 Hours
Saved on tax
preparations
3X
Faster & cheaper
services
Dive into our cutting-edge accounting service
What you get with Otterz
Bookkeeping services
Otterz provides expert bookkeeping for retail and e-commerce businesses, ensuring your records are accurate, up-to-date, and growth-ready. Our blend of AI and human expertise keeps your finances organized for high-volume transactions and inventory.
Tax Advisory & Filing
Otterz handles tax complexities for retail and e-commerce, from sales tax and inventory tax to income tax. Our experts streamline tax filing, maximize deductions, and ensure compliance across regions.
AI-powered 24/7 Insights
Otterz gives you a full view of cash and card balances, from integrated accounts, ensuring you never miss a detail. Access accurate reports to optimize pricing, budget, forecast inventory, and uncover savings—
all in one place.
Free Financial Management Platform
With Otterz, you can keep your business running smoothly by effortlessly connecting bank accounts, sending invoices, uploading receipts, and tracking mileage. Enjoy seamless financial management and stay organized with ease!
A RETAIL & E-COMMERCE SUCCESS STORY
From Financial Mess to Success: How Otterz Transformed Right Time Watch’s Finances
Right Time Watch, a luxury watch retailer business in Colorado, struggled with disorganized financials, costly errors, and inaccurate revenue tracking across eCommerce, in-store sales, and repairs. After limited support from a high-cost accounting firm, they contacted Otterz to help streamline their finances, improve compliance, and reduce costs.
CHALLENGES
The Struggles Faced
Struggling with an expensive accounting firm, outdated bookkeeping practices, and tax filing errors, this company found managing its finances a growing burden. Inventory records were misclassified, resulting in errors in Cost of Goods Sold (COGS)
and revenue calculations, while incorrectly filed sales tax created compliance risks. The company’s multiple business entities were poorly managed, leaving its books unbalanced and making it difficult to assess profitability across various locations and channels. The lack of reconciliation, combined with high accounting fees, prevented the retailer from accessing real-time financial insights, limiting its ability to operate efficiently or scale.
SOLUTIONS
The Turning Point
Transitioning to Otterz was a game-changer for this client. Our AI-powered platform enabled us to deliver tailored accounting solutions for both their online and in-store operations. We began by re-categorizing inventory, correcting tax records, and standardizing data to resolve previous discrepancies in COGS, revenue, and tax compliance. Otterz's multi-entity support simplified bookkeeping across multiple locations, while seamless Shopify integration ensured accurate tracking of eCommerce transactions. The client now enjoys 24/7 access to real-time financial insights through our mobile-friendly platform, empowering them to make informed decisions on profitability and growth with confidence and control.
results
Transformation and Success
Savings of up
to 74% in costs
By moving from a large accounting firm to Otterz, the retailer lowered its accounting expenses while gaining better insights and support.
100% Accurate Financial Records
Books are reconciled and compliant, reducing tax liabilities and ensuring reliable reporting.
Inventory & Tax Management
Accurate categorization of inventory and sales
tax management has significantly reduced errors and saved time.
Entity-Wide
Consistency
Consolidated accounting across all locations gives the owners comprehensive financial oversight.
TOP FEATURES
Seamless Integration Through our Platform
Accelerate your Growth with Otterz
Streamline your workload and eliminate the hassle of bookkeeping and tax tasks. Let Otterz handle the details so you can focus on growing your practice and supporting your clients.