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Accounting by industry · Online stores

Accounting for Online Stores

Thousands of small transactions, cash-on-delivery payments, returns, Meta and Google ad spend — e-commerce is the most document-heavy business for a small company. We automate data intake and track the thresholds under the VAT Act and OSS.

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Updated · Author: Hristo Ivanov, chief accountant · about the author

What we watch for

TopicWhat matters
Cash on delivery (Econt, Speedy)postal money order — no fiscal receipt required for cash-on-delivery; monthly courier statements serve as the primary document
Fiscal devices and SUPTOwhen a fiscal cash register is mandatory for online card payments; requirements under Ordinance N-18
EU sales to individuals€10,000 threshold; OSS registration and VAT declared in the country of consumption
Dropshipping and imports from outside the EUIOSS, import VAT, triangular transactions
Marketplaces (Emag, Amazon, Etsy)accounting for commissions, self-billing, VAT on platform service fees
Meta / Google advertisingprotocols under Art. 117 for EU services, registration under Art. 97a if you have no VAT number

Do I need a fiscal cash register?

Payment methodFiscal receiptLegal basis
Cash on delivery via postal money order (Econt, Speedy)NoArt. 3(1) Ordinance N-18 — postal money order
Bank transferNocashless payment
Card online (virtual POS)Yes, or a document under Art. 3(17)depends on the payment provider
Card or cash on the spot / delivery by your own courierYesfiscal cash register connected to the NRA

Integration with your platform

We work with exports from WooCommerce, Shopify, OpenCart and CloudCart, along with bank statements and courier reports. The goal is for documents to arrive automatically, not to be copied by hand.

How we work

Documents due by the 5th, VAT by the 14th, payroll and social contributions by the 25th, a monthly summary in plain language, and year-end closing at no extra charge. Full process description: Accounting services →

Frequently asked questions

Do I need a fiscal cash register for an online store?

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No, not for cash-on-delivery paid as a postal money order or for bank transfers. For card payments through a virtual POS, a fiscal receipt or a document under Art. 3(17) of Ordinance N-18 is required — we confirm the exact requirement based on your payment provider.

When do I need OSS registration?

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When sales to individuals in other EU countries exceed €10,000 per year. Without OSS, you'd need a separate VAT registration in each country.

How are product returns accounted for?

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With a credit note against the original sale and a VAT correction in the month of the return.

Other industries and useful links

Accounting for IT and freelancers, restaurants, construction. Our full price list with add-ons for volume and staff — Pricing; monthly deadlines — Working days 2026; glossary of terms — Glossary.

Sources

Corporate Income Tax Act; Personal Income Tax Act; VAT Act (State Gazette No. 115/30.12.2025); Public Social Insurance Budget Act for 2026. Accountancy Act; Ordinance N-18. Verified on 3 September 2026.

Important

Bulsmetka is a private accounting firm, not a government authority. The information is general in nature and does not replace individual advice. Government fees are invoiced at cost.

Related pages

VAT registrationVAT calculatorRegister an EOOD