Frequently Asked

Questions we hear most often

Straight answers about how we work, what is included, what is not, and how to get started. If your question is not here, send it to us and we will add it.

About the firm

  • What makes Jones and Cosman different from other accounting firms?

    Our firm was started by online sellers with accounting expertise. We understand marketplace reporting, sales tax collection, and how those mechanics flow through your books. We work primarily over email, stay current with marketplace changes, and investigate discrepancies instead of glossing over them.

  • What types of companies do you support?

    We specialize in e-commerce sellers (Amazon, Shopify, eBay, Etsy, Walmart, 3PL setups), but we also work with digital agencies, freelancers, coaches, affiliate marketers, and select service businesses such as salons, spas, and yoga studios.

  • How do you communicate with clients?

    Email is our primary channel. New clients typically start with a one-hour Zoom call with Rob to walk through your business, then move to email plus a shared Google Drive for ongoing work.

  • Do you only work with Canadian companies?

    No. US-based companies can use our bookkeeping services. We do not file US tax returns, but we coordinate with your US CPA so the cross-border reporting lines up.

Getting started

  • How do I get started?

    You complete a short new-client document that authorizes us with CRA, and pay a $500 deposit. If you already booked a paid consultation, that fee is credited against the deposit.

  • What if I do not have all my bookkeeping done?

    For sole proprietors, we provide a cheat sheet to help you organize the year, and we can work from a clean Excel file. Corporations usually benefit from our full bookkeeping service for the heavier lifting.

  • Can I switch bookkeepers to you?

    Yes. We regularly take on clients mid-year or at year-end. Timing is not a problem.

  • Can you help us switch from our old accounting system?

    Yes. We have migrated clients from legacy platforms to QuickBooks Online, including a correct chart-of-accounts setup so you do not inherit the previous mess.

Tax filings and CRA

  • Can you talk to the CRA on our behalf?

    Yes. We can act as your authorized representative with the Canada Revenue Agency and handle most communications and compliance items so you stay out of the back-and-forth.

  • Can you help with Canadian sales taxes for non-residents?

    Yes. Canada has specific rules for non-resident sellers around GST/HST collection and remittance. We handle the registration, the CRA confirmation process, and the ongoing filings. See our Non-Resident GST/HST page for fees and details.

  • What platforms do you specialize in?

    Amazon (US and Canada), Shopify, eBay, Etsy, Walmart, and other marketplaces. We understand each platforms reporting quirks, fee structures, and how marketplace-facilitator sales tax actually shows up in your books.

Bookkeeping service

  • How does your bookkeeping service work?

    Books are set up in QuickBooks Online. Marketplace sales are imported via Taxomate, expenses are classified, and accounts are reconciled monthly. You upload statements and invoices to a shared Google Drive folder.

  • Do you reconcile bank and credit card statements?

    Yes, every month. We have seen far too many books that were never reconciled, and the gap eventually becomes very expensive to fix. Monthly reconciliation is included in our bookkeeping price.

  • Do you file GST/HST returns?

    Yes. GST/HST filing (monthly, quarterly, or annual, whichever applies to your business) is included in our bookkeeping pricing for Canadian-resident bookkeeping clients.

  • Why is bookkeeping for e-commerce companies different?

    Because the data is messy. Marketplace fees, payment processing fees, shipping, reserves, refunds, partial sales-tax remittance, and inventory across multiple locations and currencies all flow through the books. Generic bookkeepers often miss most of it.

  • Can you handle multiple currencies?

    Yes. We work with clients selling across multiple markets and currencies, including USD, GBP, EUR, JPY, and others. We are comfortable with FX flowing through OFX, Wise, and Amazon Seller Wallet.

Pricing and policies

  • What is not included in the monthly bookkeeping price?

    The QuickBooks Online subscription is separate because the account is in your name. Taxomate is covered while you are with us, but you would need your own subscription if you leave the service.

  • What is the cancellation policy?

    New bookkeeping clients commit to three months minimum. After that, 30 days notice ends service. If we did clean-up work to get you current, you stay on for at least the same duration as the clean-up period.

  • Do you offer any discounts?

    A modest discount applies if you prepay a full year by bank transfer. Monthly billing on credit card has no discount.

Still have a question?

Send it our way. We will answer directly, and if the question comes up more than once, we will add it to this page so others can find it too.