For many Canadian ecommerce businesses, those three numbers rarely agree on the first pass. It arrives net of processing fees, refunds, chargebacks and adjustments, and it may or may not include tax collected on behalf of customers. Treating a deposit as sales is one of the most common recordkeeping mistakes an online store can make. 7 billion in ecommerce revenue in 2024, according to the Annual Retail Trade survey. Start With Sales, Not the Bank Deposit Separate each part of the transaction A single order contains several distinct components, and each one affects the records differently.